Binance, one of the world’s largest cryptocurrency exchanges, announced that it is preparing for an upgrade and hard fork of its Polygon (POL) network.
Binance supports Polygon (POL) network upgrades and hard forks
According to a statement from the exchange, token deposits and withdrawals on the Polygon network will be temporarily suspended as of 16:12 on October 8, 2025.
The network upgrade and hard fork will occur at block height 77,414,656 (approximately 5:12 PM). Binance emphasized that this process has been implemented to best protect the user experience.
The exchange said trading of tokens traded on the Polygon network will not affect spot, futures or other markets. During this period, users can continue trading as usual.
Binance also announced that it will handle all technical requirements of the upgrade process on behalf of users. Once the network has been successfully updated and stabilized, deposits and withdrawals will resume. Please note that no further announcements will be made regarding this matter.
Polygon Network is one of the most popular Ethereum Layer-2 solutions, known for its low cost and high scalability. This planned upgrade is expected to improve network performance and enable secure transactions for more users.
During this process, Binance once again reminded users that their assets are safe and there is no need to take any action.
*This is not investment advice.
