Binance to Manage Arweave and MultiversX Hard Forks

Binance has announced its support for upcoming network upgrades and hard forks for Arweave (AR) and MultiversX (EGLD), ensuring a smooth transition for users.

The Arweave upgrade is set to take place at block height 1,602,350, with an estimated time of February 3, 2025, at 17:00. Binance will suspend deposits and withdrawals for AR an hour earlier, at 16:00.

Meanwhile, the MultiversX network upgrade is scheduled for epoch 1650 on February 4, 2025, at 18:30, with deposit and withdrawal suspensions beginning at 17:30.

Binance confirmed that trading for both assets will remain unaffected. The exchange will handle all technical requirements, resuming deposits and withdrawals once network stability is confirmed.

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These upgrades aim to enhance security and functionality, reinforcing Binance’s commitment to seamless service.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.