In a recent development, Binance has announced plans to suspend Sei (SEI) token deposits and withdrawals as part of a critical network upgrade. This hiatus is set to commence on April 2, 2025, at 23:00 UTC+8. The upgrade will occur at an anticipated block height of 139,936,278, which is projected for April 3, 2025, at 00:00 UTC+8. Such network enhancements are often pivotal for ensuring improved transaction efficiency and security protocols, reflecting the commitment of the Sei project team to advance its technological framework. Users holding Sei tokens or planning significant transactions should take note of this suspension period to avoid disruptions. It’s advisable for traders and investors to stay informed about the date and time of the resumption of services to plan their strategies effectively.
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