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Flare surges as today’s top gainer after Google Cloud announcement

Brian Stone
Edited by
Markets
Flare surges as today’s top gainer after Google Cloud announcement

According to the latest CoinMarketCap report, Flare was a top gainer on Jan. 15 in response to Google Cloud’s contributor announcement.

As stated on CoinMarketCap’s top gainers, Flare (FLR), operating as an EVM-based layer 1, experienced a 20.8% price surge to $0.0212 in the last day, with a 24-hour trading volume of $38.9 million.

Flare surges as today's top gainer after Google Cloud announcement - 1
Top crypto gainers today |Source: CoinMarketCap

The surge is said to come alongside an announcement of Google Cloud into the blockchain arena, serving as both a validator and contributor to the Flare Time Series Oracle (FTSO), becoming a milestone in integrating blockchain technology with mainstream tech companies. FLR has since reported strong performance in contrast to the global cryptocurrency market, which has experienced a 3.2% downturn while outpacing other Smart Contract Platform cryptocurrencies, which have increased 10.8% in the last day.

Securing the second position is Sui (SUI), which stands at $1.37, reflecting a 9.4% increase in the past 24 hours, with a substantial 24-hour trading volume of $685 million. At the same time, the Sui protocol has experienced a noteworthy surge in the total value of assets locked, reaching nearly $341 million, marking an increase of approximately $48 million in the last 24 hours. Sui continues to hold momentum since it was reported as a top gainer a few days earlier.

MetisDAO (METIS) takes the third spot on the day’s leaderboards, boasting a 6.7% increase, currently at $126.83. Although nothing newsworthy was reported on Jan. 15, the token is still experiencing excitement from a Bitget wallet announcement from the previous week.Â