According to the announcement from Binance, starting at approximately 2025-08-04 23:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Sei (SEI) network. This suspension is to facilitate a network upgrade aimed at enhancing user experience. The upgrade is scheduled to occur at the block height of 160,945,710, which is expected to be around 2025-08-05 00:00 (UTC).
The trading of tokens on the Sei network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is deemed stable post-upgrade, deposits and withdrawals will be reopened. Binance has stated that no further announcements will be made regarding the reopening of these services. Users are encouraged to refer to the original English announcement for the most accurate information, as there may be discrepancies in translated versions.