Major cryptocurrency exchange Binance has announced its support for the upcoming network update and hard fork of the altcoin Zilliqa (ZIL). The update, scheduled for September 24, 2025, will temporarily suspend ZIL coin deposits and withdrawals on the Zilliqa network. However, trading of the altcoin on Binance will continue without interruption during this period.
Zilliqa Network Update and Hard Fork Details
According to Binance, the Zilliqa network update and hard fork are set to occur around 21:00 Turkish Standard Time on September 24, 2025, when the blockchain reaches a height of 10,153,271. Binance will manage all technical aspects of this process, ensuring that users do not need to take any action.
Once the network update and hard fork are complete and stability is restored, ZIL coin deposit and withdrawal services through the network will resume. Binance has indicated that there will not be an additional announcement to inform users of the resumption of these services.
Impact on User Transactions
Binance reassured that throughout the network update and hard fork, ZIL coin trading operations will remain unaffected. Only ZIL coin deposits and withdrawals through the network will experience a temporary halt. As a result, users will not be able to conduct deposit or withdrawal transactions during this period.
Binance noted that services will be restored after the network update is complete. Thus, while trading will continue uninterrupted, deposit and withdrawal functions will also become operational again.
