Binance Supports Celo (CELO) Network Upgrade: Temporary Suspension of Deposits and Withdrawals

On March 24, COINOTAG News reported that Binance is set to support the upcoming upgrade of the Celo (CELO) network, which includes a crucial hard fork. In preparation, Binance will temporarily pause all deposits and withdrawals related to Celo tokens starting at 09:00 on March 26, 2025. The anticipated network improvement and hard fork are scheduled to occur at 11:00 on the same day when the blockchain reaches block height 31,056,500. This strategic enhancement is expected to boost network efficiency and scalability, further positioning Celo as a leading platform in the decentralized finance (DeFi) ecosystem. Users are advised to monitor the situation closely to avoid any disruptions in their trading activities.