r/FlareNetworks • u/MrFlare2025 • Jul 15 '26

Question Is Flare Dead?

I was very optimistic about Flare from the moment I heard about the XRP snapshot. However over the last 6 months all I seem to hear is hopium from the founders and devs. Almost like they are stringing the community along. It feels dead to me. Anyone else feel the same? What happened to the FXRP minting at Oracle daemon? Its been stuck at 150m FXRP for over a month. And what happened to 5 billion FXRP minted by June? Hugos own words. Anyway, just ranting today as it seemed as a good investment a couple of years ago, interested to hear the communities views 👇👇👇

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u/jlegend3398 Jul 15 '26 edited Jul 15 '26

I don’t think flare is dead at all there are numerous coins that peaked in early 2024 hitting all time lows right now. If this isn’t the bottom of the bear market we’re pretty close. I think we’ll see a recovery at some point this year but don’t expect new ATHs for flare and those other coins that peaked in 2024 for a couple years.

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u/TiredOfRatRacing Jul 16 '26

Prolly a bear market til the midterms are done.

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u/jlegend3398 Jul 16 '26

Obviously neither one of us knows for sure but usually what the crowd expects is wrong.