According to the announcement from Binance, starting at approximately 2025-07-22 23:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Kadena (KDA) network. This suspension is to facilitate a network upgrade and hard fork scheduled for 2025-07-23 00:00 (UTC). The upgrade aims to enhance the user experience by ensuring the network's stability and performance.
The trading of tokens on the Kadena network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade, minimizing any potential disruptions. Once the network is confirmed to be 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 stay informed through the project's official channels for any additional updates.