Flare’s FLR token rebounded from a record low reached on August 19, climbing 6.95% to approximately $0.00743 with a daily high of $0.00749. The price crossed above the key resistance level at $0.00717 as trading volume rose sharply, confirming buyer interest in the move. The next major hurdle stands around $0.0083, though daily indicators already show the token has entered an overheated range. Flare has proposed reducing annual inflation from 5% to 3% and using part of network revenue to reduce token supply, following the conclusion of FlareDrops in January 2026, a program that distributed 24.2 billion FLR over three years.
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