The Flare coin came out to no little fanfare in early 2023. Since then, though, it has struggled. On August 18, it fell to an all-time low. While there has been a recovery since then, it is a long way from where it was when it first came out. That said, work is underway to turn Flare into a Proof-of-Stake blockchain which should make it quicker, cheaper and more environmentally friendly. Flare did not immediately respond to a request for comment. But what is Flare (FLR)? How does Flare work? Let’s see what we can find out, and also take a look at some of the Flare Price Predictions that were being made as of August 29 2023.