[Flow Network Recovery Progress: Phase One Operating Normally] Foresight News reports that Flow tweeted, stating that with coordination from validators and ecosystem collaborators, the Flow network has successfully transitioned to Phase One operational status. The Cadence environment has resumed normal functionality, the network is producing blocks and processing transactions, and over 99.9% of account functionalities have been fully restored. The EVM environment is temporarily in read-only mode, with recovery planned for Phase Three. The next step will focus on further repairs to Cadence, with updates expected within 24 to 48 hours.