Bitcoin Exchange Binance Announces It Will Support Network Upgrade for This Altcoin! Here Are the Details

Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will support the planned technical update for its Moonriver (MOVR) network. According to the official statement, user transactions will be temporarily suspended as part of the network upgrade.

Accordingly, Binance will suspend token deposits and withdrawals on the Moonriver network on March 30, 2026, at approximately 3:00 PM Turkish time. This step is stated to be taken to ensure the smooth execution of the planned network upgrade and to protect the user experience.

According to information provided by the project developers, the upgrade on the Moonriver network will take place at block height 15,692,116. This upgrade is expected to be completed around 4:00 PM Turkish time on the same day. Following the network update, the system will need to stabilize before deposit and withdrawal operations can be reopened.

Binance advised users to plan their deposit and withdrawal transactions in advance to avoid any transaction disruptions during this process. They also emphasized that the upgrade would not affect token trading and that spot trading would continue uninterrupted.

Experts note that these types of network upgrades typically include performance improvements and security updates. Therefore, it is important for investors to closely monitor technical updates and pay attention to platform announcements.

*This is not investment advice.