FLM Surges 9% Following Protocol Updates Reducing Token Inflation and $55M Trading Volume

Flamingo (FLM) is currently trading at $0.0437, up 9.25% over the past 24 hours, with strong trading activity and a 24-hour volume ranging between $40.7 million and $55 million, reflecting heightened market interest and liquidity. The recent price increase can be attributed to FLM's standout performance on May 25, 2025, when it gained 17% on a broadly weaker market day, likely driven by renewed investor attention following protocol updates such as the reduction of daily FLM issuance and removal of bonus APRs, which have lowered token inflation and contributed to positive sentiment and increased trading activity.