Guavy AI Editorial TeamSentiment: 2Clout: 40

Binance Supports Polygon Network Upgrade, Temporarily Halts Deposits and Withdrawals

Binance, one of the largest cryptocurrency exchanges, has announced that it will support the upcoming network upgrade on the Polygon network. The exchange stated that certain transactions will be temporarily suspended as part of this process to protect user experience.

The network update and hard fork are expected to take place around 5:00 PM on April 8, 2026, at a block height of 85,268,500. Only deposit and withdrawal operations for tokens on the Polygon network will be affected by this process, while trading will continue uninterrupted.

Binance emphasized that all technical requirements for the upgrade process will be met, and users do not need to take any additional action. Deposit and withdrawal operations will be reopened once the network upgrade is complete and the system is stable.