Binance, one of the world's largest cryptocurrency exchanges, announced that it is preparing for an upgrade and hard fork on the Polygon (POL) network.
Binance to Support Polygon (POL) Network Upgrade and Hard Fork
According to the exchange's statement, deposits and withdrawals of tokens on the Polygon network will be temporarily suspended as of 16:12 on October 8, 2025.
The network upgrade and hard fork will occur at block height 77,414,656, approximately 5:12 PM. Binance emphasized that this process is being implemented to best protect the user experience.
The exchange stated that trading of tokens traded on the Polygon network will not be affected in spot, futures, or other markets. Users will be able to continue trading normally during this period.
Binance also announced that it will handle all technical requirements for the upgrade process on behalf of users. Deposits and withdrawals will be reopened once the network is successfully updated and stabilized. It was noted that no further announcements will be made regarding this matter.
The Polygon network is one of the most popular Ethereum Layer-2 solutions, known for its low cost and high scalability. This planned upgrade is expected to improve network performance and enable secure transactions for more users.
In this process, Binance once again reminded users that their assets are safe and that they do not need to take any action.
*This is not investment advice.
