Flare Network has confirmed the successful activation of a significant upgrade on its Songbird canary chain. This pivotal development is a key milestone toward enhancing performance and cross-chain interoperability within its Layer 1 ecosystem. The mainnet rollout for this upgrade is scheduled for December 2, 2025, according to an official announcement from the project.
Key Enhancements and Developer Benefits
The recent update introduces several crucial Ethereum Virtual Machine (EVM) enhancements. These include MCOPY and Transient Storage (TSTORE/TLOAD) functionalities, which are specifically designed to improve network throughput and significantly lower execution costs for developers building on the Flare platform. These advancements are anticipated to bolster decentralized finance (DeFi) activity on Flare, with a particular emphasis on applications that leverage XRP-based interoperability tools.
In anticipation of these upgrades, the native token FLR is currently trading at $0.01519, demonstrating a 1.6% gain over the past 24 hours. This movement reflects a steady level of market confidence in the project's development trajectory.
Future Developments and Network Stability
Flare has indicated that further improvements are planned, including the introduction of dynamic staking fees on the P-chain. These enhancements are slated to be implemented following the mainnet activation of the current upgrade. The Flare Foundation intends to publish a comprehensive post-upgrade performance report once validators have confirmed the stability of the network.