XRP News Today: Crypto Analyst Predicts 3,900% Gain for Flare Network as XRP DeFi Bridge Gains Momentum

Generated by AI AgentCoin World
Monday, Jul 28, 2025 7:37 pm ET2min read
Aime RobotAime Summary

- Monerex's King Karan predicts Flare Network (FLR) could surge 3,900% to $1.00 from $0.024, citing its EVM-compatible layer 1 blockchain with real-time data oracles.

- The analyst highlights Flare's cross-chain communication via FTSO, XRP integration through Firelight protocol, and potential supply reduction as key catalysts for price growth.

- Karan's 2020 XRP call (0.10→$3.16) bolsters credibility, though he disclaims financial advice and notes crypto market volatility remains a critical risk factor.

A cryptocurrency analyst known for his 2020 recommendation to buy XRP at $0.10 has issued a new bullish call for Flare Network (FLR), projecting a 3,900% gain if the token rises to $1.00 from its current price of $0.024. King Karan, Head of Marketing at Monerex, shared this forecast on July 27 via X, emphasizing Flare’s infrastructure and its integration with the XRP Ledger. His previous XRP recommendation, which saw the token rise over 2,800% since 2020, has drawn attention to his latest prediction for FLR [2].

Karan’s rationale centers on Flare’s role as a layer 1, Ethereum Virtual Machine (EVM)-compatible chain that provides decentralized access to off-chain data through its Flare Time Series Oracle (FTSO). This technology enables cross-chain communication and enhances DeFi applications by delivering real-time asset prices to smart contracts. Additionally, Karan highlighted potential supply-side dynamics, noting that a significant portion of FLR tokens may soon be locked, reducing circulating supply and potentially driving upward price pressure. While he did not specify details of this supply event, he framed it as a catalyst for value appreciation [2].

The analyst also underscored Flare’s integration with XRP through the Firelight protocol, which introduces DeFi capabilities to XRP holders. Firelight allows users to convert XRP into FXRP, which can then be staked to generate stXRP, a yield-bearing asset. This mechanism aims to activate dormant liquidity in the XRP community and attract institutional participation. Karan’s comparison of Flare’s potential to XRP’s trajectory reflects his belief in the project’s scalability and utility in bridging blockchain ecosystems [2].

Investors who missed XRP’s rally may view Flare as an alternative, though Karan’s projections remain speculative. The analyst explicitly disclaims financial advice, urging readers to conduct independent research before acting on his recommendations. His track record with XRP—where the token’s price surged from $0.10 in 2020 to $3.16 in 2025—has bolstered credibility among some traders, yet the crypto market’s volatility means outcomes remain uncertain.

Karan’s latest call aligns with broader trends in DeFi and cross-chain interoperability, areas where Flare positions itself as a key player. By leveraging real-world data feeds and expanding XRP’s functionality, Flare’s ecosystem could attract further adoption. However, the token’s ability to reach $1.00 will depend on factors such as market sentiment, regulatory developments, and the success of its integration initiatives.

The analyst’s strategy also involves profit-taking guidance, advising investors to monitor critical resistance levels as Flare’s price progresses. While bullish technical indicators like the FTSO’s real-time data capabilities and potential supply constraints are highlighted, market participants must remain cautious about unconfirmed events and macroeconomic uncertainties [2].

Sources: [1] [Expert Who Asked Investors to Buy XRP At $0.10 Says This XRP DeFi Bridge Will Rally 20x] (https://thecryptobasic.com/2025/07/28/expert-who-asked-investors-to-buy-xrp-at-0-10-says-this-xrp-defi-bridge-will-rally-20x/) [2] [Analyst Who Told Traders to Buy XRP at $0.10 Makes Another Bullish Call] (https://timestabloid.com/analyst-who-told-traders-to-buy-xrp-at-0-10-makes-another-bullish-call/) [3] [Pundit Predicts Timeline for XRP to Reach $15, Says $5 Could Happen Any Day Now] (https://thecryptobasic.com/2025/07/28/pundit-predicts-timeline-for-xrp-to-reach-15-says-5-could-happen-any-day-now/) [4] [XRP Price Surges Amid Massive 366941% Liquidation Chaos] (https://thetradable.com/crypto/xrp-price-surges-amid-massive-366941-liquidation-chaos-1) [5] [XT Community News] (https://www.xt.com/en/blog/community-news/2025-07-28T15:09:13.000Z).

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