Flow network fully restored, but Binance monitoring tag puts confidence recovery to the test

Flow officially announces that the network has fully resumed operation, with over 99.9% of accounts restored to full control, and the DeFi ecosystem is restarting. However, behind this good news lies the harsh reality of severely damaged market confidence—just one day before the network’s recovery, Binance had added a monitoring label to the FLOW token, and the price of FLOW has fallen to a new historical low. While the recovery itself is a positive signal, the real test has only just begun.

Specific Progress of Network Recovery

According to the latest updates, the recovery work for Flow is as follows:

Technical Level Recovery

• Both Cadence and EVM execution environments are now online
• Over 99.9% of accounts have full operational permissions in both environments
• Account recovery and fraudulent token remediation are underway
• The DeFi ecosystem has begun to resume operations
• Cross-chain bridge partners are expected to restore after final verification

Future Plans

The official promise is to release a detailed technical post-mortem report within 48 hours (around January 5), explaining the attack vector, forensic analysis, and remediation methods. The full ecosystem recovery is expected to be completed this week.

Market Dilemma Behind the Recovery

The good news of network recovery has been overshadowed by a crisis of market confidence. According to relevant information, Flow has experienced multiple setbacks in the past week:

Timeline of Events

Market Performance Data

According to relevant information, FLOW’s market performance continues to deteriorate:

• 30-day decline: 59.93%
• 7-day decline: 23.63%
• Current price: $0.091131 (a rebound from the all-time low but still far below previous levels)
• Market cap rank: #183
• 24-hour trading volume: $75.63 million

Key to Restoring Confidence: Transparency

My personal view is that the technical recovery of the Flow network is only the first step; the real challenge lies in rebuilding market confidence. Several key factors include:

Importance of the Technical Post-Mortem Report

The official commitment to release a technical report within 48 hours is crucial. This report needs to clearly explain how the attack happened, why it succeeded, and the integrity of the remediation measures. Transparent explanation helps the community understand the severity of the incident and the reliability of the solutions.

Pressure from Binance Monitoring Label

Adding a monitoring label by Binance indicates that Flow is recognized as a high-volatility, high-risk token. If it fails to meet listing standards, it risks delisting. This not only affects liquidity but also sends a negative signal: Flow’s issues may extend beyond technical problems.

Time Cost of Ecosystem Recovery

There are a few days until the “full recovery is completed this week.” During this window, how to convince users that their assets are safe will directly impact their confidence in the Flow ecosystem.

Future Focus Areas

• Release of the technical report: Content and market reaction around January 5
• Progress of ecosystem recovery: Actual timelines for DeFi applications and cross-chain bridges
• Token price performance: Whether technical recovery can trigger market rebound
• Follow-up on Binance monitoring label: Possibility of removal or whether it will remain long-term
• User re-entry: Whether users and funds will return after ecosystem recovery

Summary

The complete recovery of the Flow network is a technical victory, but restoring market confidence is the real challenge. Network recovery, account restoration, and DeFi restart are positive signals, but they require time and transparent communication to translate into market trust. The technical post-mortem report to be released within the next 48 hours will be critical—a detailed and honest report could change market perceptions of this incident, while failure to do so might further weaken confidence. Meanwhile, the presence of the Binance monitoring label means Flow still needs to prove through concrete actions that it meets exchange listing standards. This is not the end of recovery, but the beginning of rebuilding trust.