Binance has announced its support for the upcoming network update and hard fork process on the THORChain (RUNE) network, scheduled for September 18, 2025. During this period, certain transactions, specifically deposits and withdrawals, will be temporarily suspended. The update aims to enhance the network’s security and performance, with Binance ensuring that all necessary technical requirements are managed on behalf of the users. However, trading activities related to THORChain will continue unaffected.
Temporary Suspension of Transactions
According to Binance’s announcement, THORChain network deposits and withdrawals will be temporarily halted starting at 6:30 PM Turkish time on September 18, 2025. The update is planned to occur when the block height reaches 22,893,000, approximately estimated to be around 7:30 PM the same day.
The exchange clarifies that only deposit and withdrawal transactions via the network will be affected, while trading operations will continue as usual. Binance assures that users do not need to take any action, as it will handle all technical necessities during this period.
Binance further stated that the deposit and withdrawal services on the THORChain network would resume once the network update is complete and stabilized. No additional announcements will be made regarding this resumption.
Implementation of the Network Update
The upgrade and hard fork on the THORChain network will activate once the targeted block height is reached. This transition to the network’s updated version is intended to enhance the system’s technical security and operational efficiency.
Binance emphasized that the entire technical process relating to the network upgrade would be managed for users and that all necessary steps to ensure the security of user funds will be taken. The timing for the resumption of transactions will be determined based on the network’s stability post-update.
Upon the successful completion of the update, users will once again gain access to deposit and withdrawal services on the THORChain network. Binance highlighted that no further announcements will be made at this stage.
