According to @BTCTimescom, Elements 23.3.0 is now live, introducing Simplicity signaling on the Liquid Network by @Blockstream. This update significantly advances the activation process for Simplicity, a next-generation smart contract language, by requiring 100% consensus among Liquid functionaries. Traders should note that this technical milestone could increase the Liquid Network's utility for tokenized assets and Bitcoin sidechain applications, potentially driving higher liquidity and integration with DeFi protocols. As Simplicity moves closer to full activation, market participants may anticipate new trading opportunities on Liquid-based assets and enhanced cross-chain functionality. Source: @BTCTimescom on Twitter, May 24, 2025.

According to Liquid Network (@Liquid_BTC), three Liquid functionary operators are currently signaling support for the Simplicity upgrade. For activation, unanimous agreement from all functionaries is required within a 10,080 block window. Traders should monitor the Simplicity tracker, as successful activation could enhance Liquid sidechain functionality and security, potentially influencing Bitcoin and related asset flows. Source: @Liquid_BTC, May 22, 2025.