June 19 (Cointime) - Flare Networks, a blockchain protocol connected to Ripple, has experienced a significant increase in growth, with an 8.56% rise in the past 24 hours. This has resulted in the cryptocurrency being traded at $0.01553.

The Flare protocol aims to provide developers with decentralized access to high-integrity data from other chains and the internet, and has introduced value propositions in the form of airdrops to its community and token holders.

Although the current growth may not be sustainable based on past records, Flare has strong fundamentals to support its future growth.