Binance has announced its support for the upcoming Dash (DASH) network upgrade and hard fork, scheduled for January 7, 2025. To ensure a smooth transition and maintain network stability, Binance will temporarily suspend deposits and withdrawals of DASH tokens.
The network upgrade and hard fork will occur at block height 2,201,472. This significant milestone marks a key step in Dash's evolution, introducing new features and enhancements to the network.
Binance will handle all technical requirements involved in the upgrade. Trading of DASH tokens on the exchange will remain unaffected during the upgrade process.
Deposits and withdrawals for DASH tokens will be temporarily suspended starting at approximately 11:00 (UTC) on January 7, 2025. Binance advises users to complete any necessary deposits beforehand.
Once the upgraded network is deemed stable, Binance will resume deposits and withdrawals. The exchange will keep users updated on the progress of the upgrade and the resumption of services.
This network upgrade is a crucial step in enhancing Dash's functionality, security, and scalability. It reflects Dash's commitment to continuous improvement and providing a robust and reliable platform for its users.
Binance's support for the Dash network upgrade underscores its commitment to the cryptocurrency ecosystem. By actively participating in and supporting network upgrades, Binance plays a vital role in ensuring the long-term success and growth of the blockchain industry.#BitcoinHashRateSurge