Binance Announces Support for Polygon Network Upgrade with Temporary Deposit and Withdrawal Suspension

21.11.2025 09:06 4 sources positive

Binance, a leading cryptocurrency exchange, has confirmed its support for the upcoming major network upgrade and hard fork of the Polygon (POL) blockchain. The upgrade is scheduled for December 2025, with deposits and withdrawals of all tokens on the Polygon network temporarily suspended starting December 9, 2025, at 11:00 (time zone unspecified) to ensure a seamless process.

The network upgrade is expected to occur once block height 80,084,800 is reached, approximately at 1:00 PM. Only deposit and withdrawal services will be affected during this period, while trading on spot, futures, and other products will remain operational. Binance has stated that all technical handling will be managed by the exchange, and no user action is required.

Following the upgrade, deposits and withdrawals will automatically resume once network stability is verified, with no additional announcements planned. This upgrade aims to deliver significant improvements in scalability, transaction speed, and security, enhancing the overall infrastructure for users and developers within the Polygon ecosystem.