{"id":28772,"date":"2026-05-15T19:32:28","date_gmt":"2026-05-15T19:32:28","guid":{"rendered":"https:\/\/bitunikey.com\/news\/flare-network-leads-altcoins-as-bitcoin-stalls\/"},"modified":"2026-05-15T19:32:37","modified_gmt":"2026-05-15T19:32:37","slug":"flare-network-leads-altcoins-as-bitcoin-stalls","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/flare-network-leads-altcoins-as-bitcoin-stalls\/","title":{"rendered":"Flare Network leads altcoins as Bitcoin stalls"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Flare Network gained 14% on May 15 as altcoins outpaced Bitcoin stuck below its 200-day moving average.<\/p>\n<div id=\"cn-block-summary-block_a5f742f8238c2391237630ccac95f717\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Flare Network\u2019s FLR token rose 14% after the FAssets v1.3 upgrade went live, enabling one-click XRP-to-FXRP minting directly from centralized exchanges.<\/li>\n<li>Hyperliquid\u2019s HYPE led all 24-hour gains at 16%, fueled by Bitwise\u2019s new spot Hyperliquid ETF and Coinbase\u2019s role as the protocol\u2019s USDC treasury deployer.<\/li>\n<li>Unibase\u2019s UB token gained 11% as AI agent marketplace momentum continued to attract capital rotation into smaller altcoins away from Bitcoin and Ethereum.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Flare Network <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/cmc-ai\/flare\/latest-updates\/\" target=\"_blank\" rel=\"nofollow\">activated<\/a> the FAssets v1.3 upgrade on its mainnet on May 15, enabling XRP holders to mint the DeFi-ready FXRP token in a single XRP Ledger transaction using native destination tags. <\/p>\n<p>The upgrade allows minting directly from major centralized exchanges including Binance and Kraken as a simple withdrawal, removing the multi-step friction that had limited adoption. FLR gained 14% on the announcement.<\/p>\n<p>Hyperliquid\u2019s HYPE led all 24-hour gains at 16%, driven by Bitwise\u2019s launch of a spot Hyperliquid ETF and Coinbase\u2019s new designation as the protocol\u2019s official USDC treasury deployer. <\/p>\n<p>Unibase\u2019s UB token added 11%, continuing its May momentum after the May 7 launch of its ERC-8183 Agent Service Market. Total cumulative crypto futures volume rose 14% to $220 billion over 24 hours.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin\u2019s 200-day average caps the session<\/h2>\n<p>Bitcoin remained below its 200-day simple moving average near $82,228 throughout the session, trading around $80,592. The Senate Banking Committee\u2019s 15-9 Clarity Act approval on Thursday had briefly pushed Bitcoin above $82,000, but macro pressure from hotter-than-expected inflation data and the $2.6 billion options expiry reversed those gains by Friday.<\/p>\n<p>As crypto.news reported, Flare has been executing a broader tokenomics overhaul under FIP.16, cutting annual FLR inflation by 40% to 3% and introducing protocol-level MEV capture designed to link network usage directly to token value. That structural shift provides a bullish case for FLR independent of broader market conditions.<\/p>\n<p>As crypto.news noted when FLR printed a similar catalyst-driven rally in April 2025, upgrades that lower friction for XRP capital entering the Flare ecosystem have historically preceded sustained volume growth in the days following the launch.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flare Network gained 14% on May 15 as altcoins outpaced Bitcoin stuck below its 200-day moving average. Summary Flare Network\u2019s FLR token rose 14% after the FAssets v1.3 upgrade went&hellip;<\/p>\n","protected":false},"author":1,"featured_media":28773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28772"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28772\/revisions"}],"predecessor-version":[{"id":28774,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28772\/revisions\/28774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/28773"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}