Binance, the world's largest cryptocurrency exchange, has announced two separate changes affecting network support for three altcoins: PYR (Vulcan Forged), VANRY (Vanar Chain), and MTL (Metal DAO). While PYR and VANRY will lose deposit and withdrawal support on the Polygon network, the exchange is set to support the upcoming Metal DAO network upgrade and hard fork.
Polygon Support Ending for PYR and VANRY
According to an official notice, Binance will discontinue deposit and withdrawal support for PYR and VANRY via the Polygon (MATIC) network, effective July 14, 2026, at 8:00 a.m. UTC. Users who hold these tokens on Polygon are advised to withdraw them before the cutoff; any deposits made through Polygon after that date will not be credited. The suspension is described as routine network maintenance and optimization, though no specific reason was given. Token trading remains unaffected, and both assets will still be supported on other networks such as Ethereum (ERC-20) and Binance Smart Chain (BEP-20).
Metal DAO (MTL) Upgrade Supported
In a separate announcement, Binance confirmed it will support the planned network upgrade and hard fork for Metal DAO. To ensure a smooth transition, deposits and withdrawals for MTL will be temporarily suspended on July 8, 2026, at 6:00 p.m. UTC, just one hour before the expected upgrade at 7:00 p.m. The exchange stated that all technical requirements will be handled on behalf of users, and trading of MTL will continue without interruption. Services will resume once the upgraded network is verified as stable, with no further announcement planned.
These adjustments reflect Binance’s periodic review of network support, driven by technical factors and security considerations. While the Polygon change may inconvenience some users, the exchange remains committed to providing alternative networks for the affected tokens.
