Is it OK to wear a simple dress to prom?

I'm curious, would it be acceptable to wear a simple dress to prom? Is it too understated for such a formal event? On one hand, it could be seen as elegant and timeless, but on the other, could it potentially come across as lacking the necessary flair or grandeur expected for prom night? Is there a way to style or accessorize a simple dress to make it more fitting for the occasion? I'd love to hear your thoughts on balancing elegance with formality when choosing an outfit for prom.