According to the announcement from Binance, the Ethereum network is set to undergo a significant upgrade on March 10, 2026, at 06:00 (UTC). In preparation for this upgrade, Binance will temporarily suspend deposits and withdrawals of tokens on the Ethereum network starting from approximately 05:55 (UTC) on the same day. The upgrade is expected to take about one hour, during which time trading of tokens on the Ethereum network will continue without interruption.
Binance assures users that all technical requirements related to the upgrade will be managed by the platform, ensuring a smooth transition. Once the upgraded network is deemed stable, deposits and withdrawals will be reopened. Users are advised that no further announcements will be made regarding the reopening of these services. The upgrade aims to enhance the network's performance and security, although specific details about the changes have not been disclosed in this announcement.
Binance emphasizes the importance of referring to the original English version of the announcement for the most accurate information, as discrepancies may exist between translated versions. The project team behind the upgrade, Eezo Shunt, has released version 1.17.1, which is expected to facilitate the improvements. Users are encouraged to stay informed about the upgrade's progress and any potential impacts on their transactions during this period.