flare sees 70% of bridged xrp actively deployed in defi. standard defi protocols get 20-30% utilization. flr trades at $1.1b market cap. chainlink does $15b for oracles. layerzero does $3b for messaging. flare does both plus trustless bridging for $800b in stranded btc/xrp/doge. the market prices flare like vaporware but onchain data shows working infrastructure with 2-3x normal capital efficiency.
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