The well-known cryptocurrency platform Binance is set up to implement strategic outages regarding upcoming Zilliqa (ZIL) blockchain network upgrades and hard forks. As part of the preparation, Binance will temporarily suspend Zilliqa-related deposits and withdrawals from around 02:00 on Monday, June 23, 2025. This positive measure from Binance aims to ensure a smooth transition during network enhancement and optimize the user experience. The suspension is scheduled prior to the upgrade and is expected to occur at block height of 4,770,087 at around 3:00 on Tuesday, June 23, 2025.
What does Binance do during an upgrade? How quickly can you expect to return to normal?
What does Binance do during an upgrade?
Binance says it will handle all the technical aspects needed for Zilliqa blockchain upgrades and hard forks. As a result, users do not currently need to change Zil coin holdings within their account. While your assets continue to be protected, Binance manages the upgrade process efficiently behind the scenes.
ZIL and associated cryptocurrency trading activities continue as normal in the case of binance during network upgrades. Users can exchange Zil coins without interruption, even if the deposit and withdrawal feature is temporarily disabled.
How quickly can you expect to return to normal?
Once the network upgrade and hard fork is complete, Binance will assess the situation before restoring the deposit and withdrawal capabilities of the Zilliqa network. The focus is to ensure that the updated network operates with stability and reliability.
The time frame for resuming these services is projected to be “up to one week” depending on the network performance post upgrade. Binance advises users to stay up to date through official communication channels. This is because there will not be another announcement of the resumption. Users can also check the “Wallet” section of the platform for the latest information on the status of Zilliqa network operations.
From this strategic pause, several important conclusions can be drawn.
- Binance emphasizes user security and seamless updates by handling technical complexity internally.
- ZIL’s transactions are still operational and highlight Binance’s reliability even during network updates.
- Deposit-Withdrawal services resume focuses on network stability and user security.
As Binance takes these in-depth measures, users are encouraged to remain vigilant by monitoring official Binance updates to provide information about operational changes and services reopening regarding Zilliqa networks.