Binance, certainly one of the world’s largest cryptocurrency exchanges, introduced that it’ll absolutely assist the community improve and laborious fork course of that may happen on the Polygon (POL) community.
Binance to Support Polygon (POL) Network Upgrade and Hard Fork
In accordance with the assertion made by the firm, as of July 1, 2025 at 11:10 UTC, all token deposits and withdrawals on the Polygon community will probably be briefly suspended. This step is being taken to make sure that customers have the greatest expertise and the technical course of runs easily.
The community improve and laborious fork is anticipated to happen at block peak 73,440,256, roughly July 1, 2025 at 12:10 UTC.
Binance said that buying and selling of tokens on the POL community is not going to be affected throughout the improve course of. Customers will be capable to proceed buying and selling with out interruption.
Moreover, all facets of the technical course of will probably be dealt with robotically by Binance on behalf of customers, which means there isn’t any want for customers to take any motion.
After the profitable completion of the community improve, deposits and withdrawals will probably be robotically reopened after the community is confirmed to be steady. Binance said that it’ll not be making any new bulletins relating to this course of.
This growth goals to implement enhancements to the Polygon community with minimal affect on Binance customers.
*This shouldn’t be funding recommendation.
