Bitcoin Exchange Binance Announces Support for This Altcoin's Network Upgrade and Hard Fork! Here Are the Details
Binance, a leading cryptocurrency exchange, announced its support for the planned network upgrade and hard fork of the Zilliqa (ZIL) network. The upgrade is set to occur at block height 13,514,400 around 10:18 AM on November 17, 2025. To ensure user protection during this process, Binance will temporarily suspend ZIL token deposits and withdrawals starting at 09:18 AM the same day, although trading will remain unaffected. Binance will manage all technical requirements for users and will resume deposits and withdrawals once the network upgrade is confirmed stable. The Zilliqa upgrade aims to enhance security and optimize transaction speeds, marking an important development for its ecosystem.
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Binance to Support Zilliqa Network Upgrade and Hard Fork
Binance, one of the world's largest cryptocurrency exchanges, announced that it will support the planned network upgrade and hard fork process on the Zilliqa (ZIL) network. The exchange emphasized its commitment to facilitating the process smoothly for its users.
Details of the Upgrade
According to the announcement by Binance, the network upgrade will occur at block height 13,514,400, with the process expected to begin approximately at 10:18 AM on November 17, 2025. To ensure the upgrade proceeds without issues, Binance will temporarily suspend all token deposits and withdrawals for Zilliqa starting from 09:18 AM on November 17, 2025.
Impact on Trading
Binance clarified that trading of ZIL tokens will not be affected during the upgrade and hard fork. This decision aims to provide users with uninterrupted access to ZIL trading activities even as technical adjustments take place.
Ensuring User Convenience
Binance affirmed that it will handle all technical requirements on behalf of its users. Once the upgrade is complete and the network is confirmed to be stable and secure, deposits and withdrawals will be reopened. Importantly, Binance stated that no additional announcements will be made after the process is complete.
Significance of the Update
Zilliqa, known as a high-performance Layer-1 blockchain, is recognized for its scalability and transaction efficiency. This upgrade is expected to enhance network security and optimize transaction speed, representing a significant step forward for the Zilliqa ecosystem.
Disclaimer
This is not investment advice.