Binance Supports Zilliqa Network Upgrade and Hard Fork

Binance will support Zilliqa’s network upgrade and hard fork scheduled for September 24, 2025, ensuring a smooth transition by suspending ZIL deposits and withdrawals temporarily.

This upgrade aims to enhance Zilliqa’s scalability and security, potentially increasing ZIL’s trading volume and liquidity, demonstrating Binance’s continued commitment to supporting blockchain advancements.

Binance has announced its support for the Zilliqa (ZIL) network upgrade and hard fork, scheduled for September 24, 2025. This initiative aims to improve scalability, security, and protocol efficiency.

This decision involves key players including Binance and Zilliqa. Trading measures will ensure a seamless transition, with deposits and withdrawals of ZIL suspended temporarily. Historical precedents show similar upgrades lead to temporary increases in liquidity and trading activity. Previous events, such as Ethereum’s upgrades, reflect potential positive outcomes.

Impact on the Market

The upgrade is expected to impact the market positively, particularly for ZIL’s liquidity and trading volume. User asset safety will be maintained through automated token swaps. Zilliqa’s community views the upgrade as a major technical milestone. Increased confidence is evident among users and developers, thriving on Binance’s management of the transition.

Financial Growth

Experts anticipate financial growth and improved interoperability for Zilliqa with enhanced scalability and EVM compatibility. Blockchain upgrades historically boost user trust and asset trading dynamics.

Binance will support the Zilliqa (ZIL) network upgrade & hard fork. Deposits and withdrawals of ZIL will be suspended at 20:00 CET on September 24, 2025, to ensure the safety of user assets during the process.

You can also find more details related to Binance’s updates on their official trading pair announcements.