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Binance Announces Temporary SEI Token Deposit and Withdrawal Suspension for Network Optimization

Binance will temporarily pause deposits and withdrawals of the SEI token starting at 7:00 AM UTC to accommodate a comprehensive network upgrade. This maintenance aims to achieve two core objectives: increasing transaction throughput by 30% and enhancing security protocols across the network.

Users are strongly advised to complete any pending SEI transactions before the suspension period begins to prevent potential processing delays. Normal deposit and withdrawal services will resume automatically upon the upgrade’s completion, without requiring additional intervention.

The improvements are anticipated to deliver greater network stability and operational performance following the maintenance window. These advancements are expected to benefit decentralized finance ecosystem participants that rely on SEI’s infrastructure for efficient and secure transactions.

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