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Flare Partners with Ankr Protocol to Increase Blockchain Developer Productivity
Flare and Ankr Protocol have partnered to provide blockchain developers with additional tools to increase their productivity. The collaboration will give Flare developers access to the Ankr network's advanced API interfaces, which enable custom indexing and reduce expenses for querying real-time data. Flare is a fast-growing Layer 1 network compatible with the Ethereum Virtual Machine (EVM) that aims to challenge popular platforms such as Ethereum, Solana and Cardano. One of Flare's most useful features is its integration with oracle services, allowing developers to forgo Chainlink, Band Protocol or WinkLink. Although the ecosystem of…
Flare Partners with Ankr Protocol to Increase Blockchain Developer Productivity
Flare and Ankr Protocol have partnered to provide blockchain developers with additional tools to increase their productivity. The collaboration will give Flare developers access to the Ankr network's advanced API interfaces, which enable custom indexing and reduce expenses for querying real-time data.
Flare is a fast-growing Layer 1 network compatible with the Ethereum Virtual Machine (EVM) that aims to challenge popular platforms such as Ethereum, Solana and Cardano. One of Flare's most useful features is its integration with oracle services, allowing developers to forgo Chainlink, Band Protocol or WinkLink.
Although Flare's ecosystem is still relatively small compared to other blockchain networks, Flare strives to provide a flexible, robust and reliable platform for building and monitoring decentralized applications (dApps).
Ankr Protocol is considered one of the leading infrastructure solution providers in the blockchain industry. In addition to RPC tools, the protocol also offers other products such as Ankr Scan, AppChains and Liquid Staking, which are used by well-known platforms such as Lido.
Regarding the price of Flare, he only reacted slightly to the partnership with Ankr Protocol. However, compared to coins like Bitcoin, Flare is trading near its all-time low and is 63% below its peak in April. Flare's current price is below the moving average lines and trading volume is declining. The price is expected to continue lower, with the next price to watch at $0.012.
Similar to Flare, Ankr price was also in a downtrend. Trading volume for this token was relatively low while the price fell below the 50-period moving average. Ankr Protocol price is expected to continue falling with the next key support at $0.022.
Overall, the partnership between Flare and Ankr Protocol is another step towards improving the tools and infrastructure for blockchain developers. Both projects have the potential to establish themselves in the industry and drive innovation.