According to the announcement from Binance, starting on 2025-07-16 at 16:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the THORChain (RUNE) network. This suspension is to facilitate a network upgrade and hard fork, aimed at enhancing user experience. The upgrade is scheduled to occur at block height 21,984,000, approximately at 17:00 (UTC) on the same day.
The trading of tokens on the THORChain 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 indicated that no further announcements will be made regarding the reopening of these services. Users are encouraged to stay informed through the project team's communications for additional details.
