Binance has announced its support for the upcoming Ronin (RONIN) network upgrade and hard fork, scheduled to take place on March 17, 2025. The upgrade aims to improve network performance and security, ensuring a more efficient blockchain ecosystem for users.
Key Details of the Ronin Upgrade
Upgrade Date: March 17, 2025
Suspension of Deposits & Withdrawals: 06:00 UTC
Upgrade Block Height: 43,447,600
Estimated Upgrade Time: 07:00 UTC
Impact on Users
To facilitate the upgrade, Binance will temporarily suspend deposits and withdrawals of Ronin-based tokens starting at 06:00 UTC on March 17. However, trading activities will remain unaffected, allowing users to continue buying and selling RONIN-based assets without interruption.
Once the upgrade is successfully completed and the network is deemed stable, Binance will reopen deposits and withdrawals without further notice.
What to Expect from the Ronin Hard Fork?
The upcoming hard fork is expected to enhance transaction efficiency, security, and scalability within the Ronin blockchain. The upgrade is a crucial step in improving the network's infrastructure, which powers blockchain gaming ecosystems like Axie Infinity.
Users are advised to plan their transactions accordingly and stay updated through Binance’s official channels for further announcements. $RONIN