According to a tweet by Jane Manchun Wong (via The Verge), it seems that Instagram is testing out a bunch of new features. These features include quick reactions similar to Facebook where users can quickly react to Stories. There is also an alleged slow-mo video recording function for Stories which as the name implies, will let users record and upload slow-mo videos.
Instagram is testing Story "Reactions". It works kinda like the existing Facebook Stories Reaction pic.twitter.com/z2tAg8BcP2
— Jane Manchun Wong (@wongmjane) April 27, 2018
There is also a mute button for profiles which prevents users from seeing that particular user’s posts on their feed. This seems to be similar to what Twitter offers to users where you can mute that user without unfollowing them, which can sometimes create a bit of drama when people unfollow each other.
Last but not least there appears to be an calendar archive view for Instagram Stories. This basically lets users see the dates of their archived Stories in a calendar view, making it easier to see at a glance. Now based on some of the comments by other users, it seems that some of the features are already live or in testing in other parts of the world.
Instagram has yet to confirm these features but if they are in testing, then there is no way to guarantee that they will be launched for all, but we’ll be keeping our eyes peeled for if and when they do.