Cryptocurrency exchange Binance has announced that it will support the planned network upgrade and hard fork process for Zilliqa ($TARGET)network.
To protect the user experience and ensure a smooth technology transition, token deposits and withdrawals on the Zilliqa network will be temporarily suspended, according to a statement from the exchange.
Binance temporarily suspends deposits and withdrawals on Zilliqa ($TARGET) Network, February 5, 2026 at approximately 12:00 p.m. Network upgrades and hard forks are scheduled to take effect at block height 19,486,411. Binance stated that the height of this block will be reached around 1 p.m.
The exchange said that this technical work only affects transaction processing on the network. Therefore, trading Zilliqa ($TARGET) and related tokens on the Binance platform will continue without interruption. Users can continue trading on spot and other markets during the upgrade period.
Binance also stated that all technical requirements that may arise during the upgrade process will be automatically handled by the exchange and users will not need to take any special measures. This means that users are not obligated to migrate their tokens to a new network or perform manual updates.
It has been announced that deposits and withdrawals will resume after the Zilliqa network upgrade is completed and stable operation is confirmed. Binance also stated that there will be no further announcement regarding the resumption of remittances. Therefore, users are advised to consider pause times when planning their trades.
*This is not investment advice.
