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Cryptocurrency exchange Binance has announced it will support the planned network upgrade and hard fork process on the Zilliqa ($ZIL) network.
According to the exchange’s statement, token deposits and withdrawals on the Zilliqa network will be temporarily suspended to protect user experience and ensure a smooth technical transition.
Binance will suspend deposits and withdrawals on the Zilliqa ($ZIL) network on February 5, 2026, at approximately 12:00 PM. The network upgrade and hard fork are expected to take effect at block height 19,486,411. Binance stated that this block height will be reached around 1:00 PM.
The exchange stated that the technical work would only affect transaction processing on the network. Accordingly, trading of Zilliqa ($ZIL) and related tokens on the Binance platform will continue uninterrupted. Users will be able to continue trading in spot and other markets during the upgrade period.
Binance also stated that all technical requirements that may arise during the upgrade process will be automatically handled by the exchange, and users will not need to take any extra action. In other words, users are not obligated to migrate their tokens to the new network or perform manual updates.
It has been announced that deposits and withdrawals will be reopened after the upgrade on the Zilliqa network is complete and its stable operation is confirmed. Binance also noted that there will be no further announcement regarding the resumption of transfers. Therefore, users are advised to take the temporary suspension hours into account when planning their transactions.
*This is not investment advice.