Major cryptocurrency exchange Binance has announced its support for the upcoming network update and hard fork of the altcoin Zilliqa (ZIL), scheduled for September 24, 2025.
Zilliqa Network Update Details
According to Binance, the Zilliqa network update and hard fork are set to occur at 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.
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, meaning users will not be able to conduct deposit or withdrawal transactions during this period.
Binance Planned Actions
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.
Binance's support for the Zilliqa network update will ensure a smooth process for users despite temporary constraints. Trading of ZIL is expected to continue without interruptions.
