Introduction
On October 2, 2025, Binance announced that beginning on October 8 at 13:12 UTC, it will suspend deposits and withdrawals for tokens on the Polygon (POL) network to facilitate a significant network upgrade and hard fork. This move is aimed at enhancing user experience and maintaining the integrity of transactions on the network.
Important Dates
- Start of Suspension: 2025-10-08 13:12 UTC
- Network Upgrade Block Height: 77,414,656 (approximately 2025-10-08 14:12 UTC)
Key Points of the Announcement
- Trading Continues: It is important to note that the trading of tokens on the Polygon network will remain unaffected by this suspension.
- Technical Management by Binance: Binance assures all users that it will manage the technical requirements necessary for the upgrade.
- Reopening of Transactions: Once the upgraded network is stable, deposits and withdrawals will resume without further announcement.
- Language Discrepancies: Users are advised to refer to the original English announcement for the most accurate information due to potential discrepancies in translations.
What is Polygon (POL)?
Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks, intending to provide faster and cheaper transactions on Ethereum using Layer 2 scaling solutions. The ongoing upgrades are expected to optimize its infrastructure and improve overall performance.
Community and Support
As Polygon continues to evolve, it is essential for users and investors to stay informed about these updates. For more details regarding the network upgrade and hard fork, users are encouraged to refer to the official announcement from Polygon.
Conclusion
This network upgrade and hard fork are crucial steps for Polygon to maintain its position as a leading Layer 2 solution on Ethereum. Investors and users on Binance should monitor their accounts and be aware of the changes occurring in the Polygon network.