Binance to Suspend Polygon (MATIC) Deposits and Withdrawals on July 1, 2025, for Network Upgrade and Hard Fork
2025-06-30 08:38:25
Main Idea
Binance will suspend Polygon (MATIC) deposits and withdrawals on July 1, 2025, to facilitate a network upgrade and hard fork aimed at improving the Polygon blockchain's performance and security.
Key Points
1. Binance will suspend Polygon (POL) token deposits and withdrawals starting July 1, 2025, at 16:10 (UTC+8).
2. The suspension is due to a network upgrade and hard fork intended to enhance Polygon's performance and security.
3. The upgrade is scheduled to occur at block height 73,440,256, expected around 17:10 (UTC+8) on the same day.
Description
Binance has officially announced the suspension of Polygon (POL) token deposits and withdrawals starting July 1, 2025, at 16:10 (UTC+8). This temporary halt is implemented to facilitate a critical network
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