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Binance To Halt Polygon Withdrawals To Support Network Upgrade

cryptonews100_tggfrn by cryptonews100_tggfrn
October 3, 2025
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Binance To Halt Polygon Withdrawals To Support Network Upgrade
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International cryptocurrency trade Binance has introduced it is going to droop deposits and withdrawals for tokens on the Polygon (POL) community subsequent week to facilitate an upcoming protocol replace and arduous fork.

The transfer is an ordinary operational process to make sure the sleek transition of property throughout core blockchain upkeep. The community improve, dubbed the “Rio” arduous fork, is a vital section in Polygon’s ongoing technical roadmap, concentrating on substantial enhancements in community scalability and effectivity.

In keeping with the announcement, the momentary suspension is scheduled to start at roughly 13:12 UTC on October 8, 2025. The arduous fork itself is predicted to happen about an hour later, on the particular block peak of 77,414,656, or round 14:12 UTC.

Binance confirmed that the buying and selling of Polygon-related tokens will stay unaffected throughout the upkeep window, and no motion is required from customers who maintain POL or different tokens on the trade. Deposits and withdrawals are anticipated to renew as soon as the up to date community is deemed steady.

Rio Upgrade Targets 5,000 TPS and Decentralization

The Rio mainnet upgrade is positioned as a foundational change to the Polygon Proof-of-Stake (PoS) chain’s structure. The first goal is to boost the community’s capability to deal with high-demand purposes, with the last word aim of supporting as much as 5,000 transactions per second (TPS).

This scaling effort is a part of the community’s broader “GigaGas” roadmap, which focuses on higher accommodating international funds and the rising sector of tokenized Actual-World Belongings (RWAs). 

The arduous fork consists of key technical proposals designed to optimize block manufacturing and validation. This consists of PIP-64, the Validator- Elected Block Producer (VEBloP), which introduces a brand new block manufacturing mannequin meant to extend community throughput and remove chain recognitions.

Moreover, PIP-72 introduces “Witness- Based mostly Stateless Verification,” a characteristic that permits validator nodes to substantiate blocks without having to keep up your entire blockchain state, a change geared toward reducing {hardware} necessities and supporting decentralization. 

Whereas the transient pause in service could inconvenience customers who want to maneuver their tokens on the Polygon community across the specified time, the motion ensures the trade can handle all technical necessities for its customers. The timeline for the reopening of deposit and withdrawal providers will likely be solely depending on the steadiness of the upgraded Polygon PoS mainnet.

Additionally Learn: Polygon Teams Up with Cypher Capital to Expand POL Access


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