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Flare eyes further losses as assets incentive program launch goes muted

Flare Network (FLR) edges higher by less than 1% at press time on Wednesday after three consecutive days of trading in the red. The minor recovery aligns with the launch of the FAssets Incentive Program, which includes 2.2 billion FLR tokens. Despite a growth in the fundamental roadmap, the technical outlook for FLR remains bearish. 

Flare supports cryptocurrencies without smart contract capabilities, such as XRP, Bitcoin (BTC), and Dogecoin (DOGE), through FAssets. In an attempt to boost DeFi adoption of FAssets at an institutional level, Flare announced on Tuesday the launch of the FAssets Incentive Program.

Flare eyes further losses as assets incentive program launch goes muted

Flare Network (FLR) edges higher by less than 1% at press time on Wednesday after three consecutive days of trading in the red. The minor recovery aligns with the launch of the FAssets Incentive Program, which includes 2.2 billion FLR tokens. Despite a growth in the fundamental roadmap, the technical outlook for FLR remains bearish. 

Flare supports cryptocurrencies without smart contract capabilities, such as XRP, Bitcoin (BTC), and Dogecoin (DOGE), through FAssets. In an attempt to boost DeFi adoption of FAssets at an institutional level, Flare announced on Tuesday the launch of the FAssets Incentive Program. 

https://www.fxstreet.com/cryptocurrencies/news/flare-eyes-further-losses-as-assets-incentive-program-launch-goes-muted-202507020735