Flow network recovery progress: Phase one is operating normally

Foresight News reported that Flow tweeted that, in coordination with validators and ecosystem collaborators, the Flow network has successfully transitioned to Phase 1 operational status. The Cadence environment has resumed normal functionality, the network is producing blocks and processing transactions, and more than 99.9% of account functions have been fully restored. The EVM environment is temporarily in read-only mode, with restoration scheduled for Phase 3. The next step will be to continue repairs on Cadence and provide updates on progress within the next 24 to 48 hours (UTC+8).