Our analysis column on the crypto world continues, in this article the focus shifts to three very promising projects: Flare (FLR), Bitgert (BRISE), and Osmosis (OSMO).
Prices and market statistics of crypto Flare (FLR), Bitgert (BRISE), and Osmosis (OSMO)
Let’s start with Flare (FLR): it currently has a price of 0.0219 USD, with a market capitalization of 713.7 million USD and a trading volume in the last 24 hours of 117.0 million USD.
Its circulating supply is 32.5 billion FLR, with an average holding time of 277 days.
The popularity of FLR is positioned at the 91st place, while the all-time high price was 0.0497 USD.
In the last hour, the price has recorded a positive variation of 0.41%, while in the span of 24 hours and 7 days, the variation has been respectively +24.93% and +24.67%.
Bitgert (BRISE) currently records a price of 0.00000016 USD, with a market capitalization of 64.6 million USD and a trading volume in the last 24 hours of 1.4 million USD.
The circulating supply of BRISE amounts to 395.7 billion tokens. The all-time high price was 0.00000185 USD.
During the last hour, there has been a positive variation of 1.17%, while in the span of 24 hours the variation has been +3.6%. However, over the course of 7 days, a slight decrease of -0.61% has been observed.
Osmosis (OSMO) currently has a price of 1.80 USD, with a market capitalization of 878.5 million USD and a trading volume in the last 24 hours of 37.1 million USD.
The circulating supply of OSMO is 492.6 million tokens, and the average holding time is 6 days. OSMO’s popularity is ranked 72nd, while the all-time high price was $11.21.
In the last hour, there has been a positive variation of 0.69%, while in the span of 24 hours the variation has been +1.2%. However, over the course of 7 days, a decrease of -5.32% has been observed.
Google Cloud adopts Flare Blockchain as a validator and infrastructure provider
Google Cloud has recently joined forces with the Flare blockchain, taking on the dual role of validator and infrastructure provider.
This strategic collaboration was announced on X’s official account, highlighting Google Cloud’s commitment to cooperate with the Flare network.
Being one of the 100 organizations that assume this double responsibility, Google Cloud will actively contribute to the Flare Time Series Oracle (FTSO) and validate network operations.
Flare, which positions itself as “the blockchain for data”, facilitates developers’ access to decentralized data through its Oracle system.
In blockchain terminology, an Oracle connects networks to external systems, allowing the execution of smart contracts based on real-world input and output.
The addition of Google Cloud as an infrastructure provider represents a significant step forward for Flare.
The role of Google Cloud as a network validator is to propose and validate new blocks to the Flare blockchain, thus supporting the proof-of-stake consensus mechanism of the chain.
This partnership has not only elevated Flare’s position, but it has also had a positive impact on its native token, FLR. With a market value approaching $550 million and a price of around $0.018, FLR has recorded a significant surge of 4% after the announcement.
The involvement of Google Cloud underlines the growing adoption of blockchain technology by tech giants, with its vast data resources providing substantial support to the development of Flare and the wider adoption of blockchain.
Source: https://en.cryptonomist.ch/2024/01/16/prices-and-news-of-the-crypto-flare-flr-bitgert-brise-and-osmosis-osmo/