<\/p>\n
Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes\u2019 family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset.<\/p>\n
The early-stage fund says<\/a> that Chainlink (LINK<\/a>) rival Flare (FLR<\/a>) is \u201clikely undervalued\u201d currently.<\/p>\n \u201cChainlink\u2019s early mover advantage has given it a sizable head start, with countless projects having already integrated with its services. However, as Flare gains traction, it has the potential to quickly catch up to Chainlink.\u201d<\/i><\/p>\n \u201cTo better illustrate Flare\u2019s potential,\u201d Maelstrom Fund says that the fully diluted valuation of FLR is currently about 23% of Chainlink\u2019s even though the upstart has less than 10% of the project integrations that the Ethereum (ETH<\/a>)-based Chainlink already boasts.<\/p>\n The Arthur Hayes-linked fund says that, unlike other oracle providers including the Solana (SOL<\/a>)-based Pyth Network (PYTH<\/a>), Flare \u201ccan also build its own native ecosystem.\u201d<\/p>\n According to Maelstrom Fund, if Flare reaches 50% of Chainlink\u2019s fully diluted valuation, the FLR token could go up by approximately 2.2x. If Flare reaches 75% of Chainlink\u2019s fully diluted valuation, FLR could soar by 3.3x, says the Arthur Hayes-linked crypto fund.<\/p>\n \u201cWhile Chainlink is clearly the market leader, its latency and applicability to high-throughput use cases leaves much to be desired. Pyth\u2019s focus on financial institutions, on the other hand, brings a unique dimension to the oracle space, but leaves much on the table in terms of general applicability across use cases. Flare\u2019s approach of combining the above with features of an L1 (layer-1) gives it a unique positioning worth watching.\u201d<\/i><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes\u2019 family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is \u201clikely undervalued\u201d currently. \u201cChainlink\u2019s early mover advantage has given it a sizable head start, with countless projects having already […]<\/p>\n","protected":false},"author":2,"featured_media":299949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-299948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=299948"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299948\/revisions"}],"predecessor-version":[{"id":299951,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299948\/revisions\/299951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/299949"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=299948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=299948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=299948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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