Ethereum mainnet upgrade today: Binance suspends deposits and withdrawals
The most immediate event affecting traders today is the network upgrade of Ethereum.
According to Binance's official announcement, the Ethereum network is scheduled for a major upgrade today at 14:00 (UTC+8).
To facilitate this upgrade, Binance has suspended all deposits and withdrawals of Ethereum network tokens (including ETH and ERC-20 tokens) starting from 13:55 today.
The maintenance is expected to last for 1 hour, during which spot trading will not be affected. Currently, ETH is battling around the $2,000 mark, and whether this upgrade can stabilize the psychological price level of $2,000 by enhancing network security is the focus of today's market.
ETH
1,983.79
-0.66%