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Crypto Prune > Exchange > Binance to easily stop BNB chain drawers. When is this
Exchange

Binance to easily stop BNB chain drawers. When is this

7 months ago 2 Min Read

The BNB chain is gearing up for a major upgrade as Maxwell Hard Fork approaches. On June 30th, BSC block time was reduced from 1.5 seconds to 0.75 seconds, resulting in finality for chain users, new infrastructure standards, and even more stringent timing.

Maxwell Hard Fork brings a massive upgrade to the BNB Smart Chain (BSC) and reduces block time from 1.5 seconds to 0.75 seconds. This represents the next step in the BNB chain’s mission to enhance network responsiveness, transaction speed, and validator performance.

Maxwell will be here soon.

On June 30th, BSC block time fell from 1.5 seconds to 0.75 seconds.

That means faster finality for everyone in the chain, new infrastructure standards, and stricter timing.

Complete upgrade breakdown

– BNB Chain (@bnbchain) June 19, 2025

Three important proposals, BEP-524, BEP-563 and BEP-564, are each aimed at improving the core aspects of chain speed and reliability.

With Maxwell, BSC reduces block intervals to 0.75 seconds, improves validator communication across the network, and accelerates block synchronization between nodes.

Like most upgrades in the BNB chain, Binance may suspend network withdrawals and deposits on the above date, so users are advised to plan accordingly.

Binance performs regular maintenance on the BNB chain

Today, Binance announced a temporary withdrawal suspension in the BNB Smart chain and carried out regular wallet maintenance. This move is concise, but was important for network stability and security.

Today, Binance announced the maintenance of the wallets of the BNB Smart Chain (BEP20). To support wallet maintenance, deposits and withdrawals on the BNB Smart Chain (BEP20) lasted for an hour from 5:55am UTC on June 19th and were temporarily suspended.

See also  Bitcoin Exchange Binance has announced that it will list new Altcoins on both the Alpha and Futures platforms! Details are here

After the network was deemed stable, deposits and withdrawals were deemed to have resumed, with no further announcements being made.

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