Binance to Suspend MultiversX (EGLD) Token Operations Ahead of Scheduled Network Upgrade

On March 24th, COINOTAG News reported that Binance is preparing to suspend token deposits and withdrawals for the MultiversX (EGLD) network, effective March 25, 2025, at 23:30 (UTC+8). This temporary halt is intended to facilitate a critical network upgrade aimed at enhancing the platform’s performance and scalability. Users are encouraged to plan accordingly, as the upgrade is slated to begin on March 26, 2025, at 00:30 (UTC+8). Such maintenance activities are vital for maintaining the security and integrity of the blockchain, ensuring that users can continue to transact seamlessly post-upgrade. Investors should stay informed about the implications of this upgrade on EGLD’s market dynamics and operational functionality.