Bitcoin Exchange Binance Announces Support for This Altcoin’s Network Upgrade and Hard Fork! Here Are the Details

Binance has announced that it will support the planned network upgrade and hard fork for the THORChain (RUNE) network.

Binance to Support THORChain (RUNE) Network Upgrade and Hard Fork

To protect the user experience and ensure technical compatibility, deposits and withdrawals on the RUNE network will be temporarily suspended starting at 19:00 on 16-07-2025.

Technical Details

• Upgrade Block: 21,984,000
• Hard Fork Time: Approximately 16-07-2025 – 20:00
• Transactions Affected: Only deposits and withdrawals will be temporarily suspended.
• Unaffected Transactions: Trading in RUNE trading pairs will continue uninterrupted.
• Technical Process: Binance will manage all technical details on behalf of users.

Following the successful completion of the upgrade, deposits and withdrawals on the RUNE network will be reactivated once stability is restored. No further announcement will be made regarding this situation.

This development represents a significant technical step forward aimed at improving the security and functionality of the THORChain network. Binance continues to provide full technical support to ensure uninterrupted trading for its users.

*This is not investment advice.