Bitcoin Exchange Binance Announces Support for This Altcoin's Network Upgrade and Hard Fork! Here Are the Details

Binance has announced that it will support the planned major upgrade and hard fork of the Polygon (POL) network.

Binance to Support Polygon (POL) Network Upgrade and Hard Fork

According to the statement made by the exchange, in order to protect the user experience and ensure the smooth progress of the process, deposits and withdrawals of all tokens on the Polygon network will be temporarily suspended as of 11:00 on December 9, 2025.

The Polygon network upgrade and hard fork is expected to occur once block height 80,084,800 is reached, approximately 1:00 PM. Only deposits and withdrawals will be affected during this period, while trading of tokens on the POL network will remain uninterrupted. Users will be able to continue trading normally across spot, futures, and other trading products.

Binance stated that all technical processes will be managed by the exchange, and no additional user action is required. Following the network upgrade, deposits and withdrawals will automatically reopen once the stability of the Polygon network is verified. The exchange also emphasized that no further announcements will be made after this phase.

Regular network upgrades across the Polygon ecosystem aim to deliver improvements in scalability, transaction speed, and security. This major update, slated for 2025, aims to improve network performance and provide users and developers with a more efficient infrastructure.

*This is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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