Binance has announced that it will temporarily suspend deposits and withdrawals for tokens on the Polygon (POL) network on October 8, 2025, starting at 1:12 p.m. UTC. This move is to support the upcoming Rio network upgrade and hard fork, which is scheduled to occur at block height 77,414,656.
The Rio upgrade aims to enhance Polygon's core architecture, improving scalability and transaction speeds. Key features include the introduction of Validator-Elected Block Producer (VEBloP) through PIP-64, which shifts power from protocol code to validator choice, and Stateless Block Verification via PIP-72 to reduce storage bloat and lower hardware costs. Additionally, PIP-65 introduces a fee redistribution mechanism to align incentives between block producers and validators.
Despite the suspension, trading on the Polygon network will remain unaffected. The upgrade is part of Polygon's GigaGas roadmap and is expected to enable the network to handle up to 5,000 transactions per second (TPS), facilitating global payments and Real-World Assets (RWAs) more efficiently. Binance emphasized that this temporary measure ensures a smooth transition, and services will resume once the upgraded network is stable.
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