Flare Network's native cryptocurrency, FLR, has experienced a significant 44% increase in value over the past week, reaching new all-time high prices above $0.033. This surge has pushed Flare's market valuation above $1 billion for the first time, as investor interest returns to the token. The growth in Flare's DeFi ecosystem has played a key role in this revival, with total value locked rising above $7 million, a 3-month high.

Google Cloud's recent involvement as a validator node for Flare Network has also lent legitimacy to the platform and signaled confidence from major industry players in its long-term viability. This collaboration, along with the increased interest in FLR, could lead to further growth and development for Flare Network in the coming months.