Binance, one of many world's largest cryptocurrency exchanges, introduced that it’s making ready for an improve and arduous fork of its Polygon (POL) community.
Binance helps Polygon (POL) community upgrades and arduous forks
Based on a press release from the trade, token deposits and withdrawals on the Polygon community might be briefly suspended from 16:12 on October 8, 2025.
The community improve and arduous fork will happen at block peak 77,414,656 (roughly 5:12 PM). Binance emphasised that this course of has been carried out to greatest defend the person expertise.
The trade mentioned buying and selling of tokens traded on the Polygon community is not going to have an effect on spot, futures or different markets. Throughout this era, customers can proceed buying and selling as common.
Binance additionally introduced that it’s going to deal with all technical necessities of the improve course of on behalf of customers. As soon as the community has been efficiently up to date and stabilized, deposits and withdrawals will resume. Please notice that we don’t plan to make any additional bulletins concerning this matter.
Polygon Community is among the hottest Ethereum Layer-2 options, recognized for its low price and excessive scalability. This deliberate improve is predicted to enhance community efficiency and allow safe transactions for extra customers.
Throughout this course of, Binance as soon as once more reminded customers that their belongings are secure and there’s no must take any motion.
*This isn’t funding recommendation.
