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Flow narrates what to expect from its mainnet spork including a TPS boost

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  • The state of FLOW will improve with the latest upgrade allowing it to be more attractive for mass adoption
  • FLOW is due for a retracement but the upgrade may potentially delay that outcome

The Flow network is about to change things up with its upcoming upgrade dubbed the Flow mainnet spork. One of the most important things to consider is what such an upgrade will do for the network. Flow’s latest update may offer some insights into what to expect.

Read FLOW’s price prediction 2023-2024

According to the update, one of the biggest benefits of the mainnet upgrade will be its ability to scale. The network revealed that it plans to be able to handle petabytes of data, giving it an edge over many other top blockchains. Even more interesting was that the upgrade will allow Flow to drastically improve its TPS.

A higher transaction count per second will allow the network to boost its ability to scale up. This could also be considered as a move that is aimed at preparing for mass adoption.

These upgrades will make it easier for Flow to compete more effectively with other blockchain networks. These upcoming upgrades are good news for the Flow community but can they facilitate a surge in demand for the FLOW cryptocurrency?

There are a few notables that may point towards a potential impact on this upcoming upgrade on FLOW. For example, its development activity improved since the start of this month, which is a healthy observation from the development side.

FLOW social dominance and development activity

Source: Santiment

More recently, Flow’s social dominance metric experienced its largest surge in the last four weeks. This means it could experience significant attention amid news of its major network upgrade. This aligns with the surge in volume that it experienced since 12 January, and consequently reached a new monthly peak.

FLOW volume and volatility

Souce: Santiment

Moreover, FLOW’s price volatility pivoted in favor of the upside in the last three days. These observations enabled FLOW’s price action to extend its upside in the last three days. A result that has pushed for a 78% collective rally for the last two weeks.

FLOW price action

Source: TradingView

Is your portfolio green? Check out the FLOW Profit Calculator

But can FLOW sustain its current trajectory especially now that it is about to go through a major network. It might turn out to be a case of ‘buy the rumor, sell the news’ particularly now that it is overbought.

What to expect in the near future?

Flow’s upcoming upgrade may set the FLOW cryptocurrency up for more organic demand in the long-run. However, the short-term performance may experience a resurgence of sell pressure given the current overbought circumstance. An additional run-up may occur if the news of the upgrade manages to attract more buyers but this will only push back the retracement.


Michael is a full-time journalist at AMBCrypto. He has 5 years of experience in finance and forex and more than two years as a writer in the crypto and blockchain segments. Michael's writing at AMBCrypto is primarily focused on cryptocurrency market news and technical analysis. His interests include motorcycles and exotic cars.
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