Binance Pauses THORChain Transfers for Upcoming Network Upgrade

Blockchain 2025-12-05 10:03

Binance Pauses THORChain Transfers for Upcoming Network Upgrade

Binance is preparing its systems for a scheduled upgrade on the THORChain network, announcing that it will briefly pause token transfers while the blockchain transitions to its new version.

Key Takeaways

  • THORChain’s next upgrade triggers a brief suspension of RUNE-related deposits and withdrawals on Binance.

  • The halt begins December 5, while trading remains fully available.

  • Transfers reopen once the chain’s upgraded version is confirmed stable.

The exchange said the move is precautionary and designed to keep customer funds safe as nodes across the network switch over.

Transfers Enter a Maintenance Window on December 5

The pause begins at 20:00 on December 5, 2025, ahead of the moment the THORChain blockchain hits block 23,969,500, the activation point for the upgrade. Binance will run its integration process internally, syncing its infrastructure with the updated chain before reopening transfers.

This means users will not be able to deposit or withdraw RUNE or any other THORChain-based asset during the maintenance window. The exchange stressed that no user action is required.

While on-chain movement is temporarily restricted, Binance said all trading pairs tied to THORChain assets will stay open. Order execution, liquidity, and market operations won’t be affected, allowing traders to continue operating normally throughout the upgrade event.

Reopening Follows Network Stability Checks

Once the upgrade is complete and the chain proves stable, Binance will restore deposits and withdrawals. If everything proceeds as expected, the exchange does not plan to issue a second notice.

Network upgrades like this are common across the industry. They typically introduce performance improvements, security refinements, or new protocol rules. By coordinating the process internally, Binance aims to ensure that its users experience the least possible disruption while THORChain advances to its next version.

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This content is for informational purposes only and does not constitute investment advice.

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