Coinbase has completed the distribution of Flare (FLR) token airdrop to eligible XRP users. Over 601 million FLR tokens have been distributed to Coinbase users based on their XRP balance, which includes Coinbase Exchange and Coinbase Pro accounts, on December 12, 2020. A simple calculation made by Neil Hartner, a senior staff software engineer at Ripple, reveals that over 4 billion XRP were held on Coinbase platforms at the time of the snapshot. At the time, it amounted to 8.8% of total circulating XRP, indicating that the impact of Coinbase delisting XRP in January 2021 was significant. Currently, XRP trading remains suspended on Coinbase until the SEC lawsuit against Ripple gains further regulatory clarity. Flare Network, which has a close relationship with XRP, has been demanding XRP’s relisting on Coinbase, as it listed the FLR token. Coinbase will support FLR on the Flare Network, and users will make deposits to their wallets via the network. Trading for FLR will begin once the exchange confirms viable liquidity.