๐ Major Network Upgrades
Optimism (OP) Hard Fork: Binance successfully supported the Optimism network upgrade on January 10, 2025, enhancing scalability and user experience. Deposits and withdrawals were temporarily suspended during the upgrade but have since resume.๎ ๎cite๎turn0search0๎๎
Fantom to Sonic Transition: Binance facilitated the rebranding and token swap of Fantom (FTM) to Sonic (S) in January 2025. Trading for the new Sonic token commenced on January 16, 2025, with pairs such as S/BTC, S/BNB, and S/USD.๎ ๎cite๎turn0search0๎๎
๐ BNB Chain Enhancements
*Pascal Hard Fork: The BNB Chain underwent the Pascal Hard Fork, introducing Ethereum-compatible features like gasless transactions and multi-signature support. This upgrade aims to bolster scalability and decentralized governane.๎ ๎cite๎turn0search6๎๎
๐น Market Movements
*BNB Price Activity: ๎BNB is currently trading at approximately $597.48, experiencing a slight decrease of 2.28% from the previous clsce0๎๎
*Bitcoin (BTC) Performance: ๎BTC has been trading between $83,379 and $87,454 over the past 24 hours, currently priced at $85,964, marking a 2.91% increse.๎ ๎cite๎turn0search5๎๎
๐ Community and Ecosystem Developments
Binance Charity Initiative: ๎Binance Charity has been active in providing aid, including a donation of up to $100 in BNB to flood victims in Bahia Blanca, Argenina.๎ ๎cite๎turn0search3๎๎
Proof of Reserves Updat: ๎In March 2025, Binance updated its Proof of Reserves, confirming full asset backing and reinforcing its commitment to transparncy.๎ ๎cite๎turn0search7๎๎
Stay tuned for more updates as Binance continues to innovate and expand its offerings in the crypto sace.