On July 14, 2025, Binance announced a temporary suspension of deposits and withdrawals on the Vana network in support of an upgrade and hard fork.
Key Facts about Vana's Network Upgrade
The upgrade is scheduled to initiate at block number 4,009,180, aimed at enhancing network performance. Binance assures that it will handle all technical requirements, eliminating the need for user intervention, thereby protecting user assets.
What Binance Users Should Expect
During the upgrade, trading on VANA coin-paired altcoin markets will continue uninterrupted, although wallet transactions will be paused. Users will still be able to manage their altcoin positions as market liquidity remains unaffected.
User Action Plan Before Upgrade
Users are advised to complete necessary transfers before the maintenance period as deposits will not be processed. Storing Vana coins in exchange wallets poses no risk, and assets will be automatically migrated upon reaching the specified block.
Binance plans to resume deposit and withdrawal operations after the network stabilizes, ensuring a seamless user experience.
