PANews reported on July 9 that, according to the official announcement, Binance is expected to suspend token deposits and withdrawals for the Polygon (POL) network on July 10, 2025, at 21:00 (UTC+8) to support its network upgrade. The project team is scheduled to conduct a network upgrade on July 10, 2025, at 22:00 (UTC+8).
Additionally, Sandeep Nailwal, CEO of the Polygon Foundation, announced on X platform that the Polygon PoS network will launch the Heimdall v2 consensus layer upgrade on July 10. This hard fork is the most technically complex update since the Polygon PoS network's launch in 2020, involving two core changes: in terms of technical architecture, Heimdall will be comprehensively upgraded from Tendermint+Cosmos-SDK v0.37 to CometBFT+Cosmos-SDK v0.50; in terms of performance, the transaction final confirmation time will be shortened to approximately 5 seconds, with no more than 2 reorganized blocks.
