Binance is set to suspend deposits and withdrawals of Terra (LUNA, LUNC, USTC) on March 31, 2025, to facilitate a network upgrade and hard fork.

This suspension, starting at 21:40 (UTC+8), aims to enhance the Terra ecosystem while maintaining uninterrupted trading activities of these tokens.

Experts view this upgrade positively, anticipating improvements in network security and scalability, which may boost market confidence and long-term adoption.

Binance has previously supported Terra upgrades, indicating ongoing commitment to infrastructural improvements.

Full story here: https://coincu.com/329694-binance-tera-deposit-suspension