On May 21, COINOTAG reported that Binance is set to halt both token deposit and withdrawal services for the THORChain (RUNE) network, effective May 23, 2025, at 00:00 (UTC+8). This decision is part of a planned network upgrade aimed at enhancing the underlying infrastructure of the THORChain protocol. The upgrade will execute at block height 21,210,000, which is projected to occur at 01:00 UTC+8 on the same day. Users are advised to take note of these timelines to ensure that their transactions are managed efficiently during this transitional period. As decentralized finance continues to evolve, such upgrades are crucial for maintaining network integrity and security, providing users with a smoother operational experience post-upgrade.
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