Binance is set to support the THORChain (RUNE) network upgrade and hard fork on June 17, 2025, temporarily pausing deposits and withdrawals.
This upgrade ensures network reliability and security, highlighting Binance’s pivotal role while maintaining trading without disruption, despite paused deposits and withdrawals.
Binance Acts at THORChain Block 21,574,000 Upgrade
Binance will implement measures for the THORChain (RUNE) upgrade, scheduled at block height 21,574,000. This marks an effort to enhance network security and reliability. Trading continues without interruption, ensuring user balances remain unaffected.
The Binance Team issued an official announcement confirming these plans. No user action is required during this phase, with the RUNE ecosystem striving towards operational resilience.
Binance will temporarily disable deposits and withdrawals involving RUNE tokens starting at 21:00 (UTC) on June 17, 2025. The upgrade itself is slated to go live at block height 21,574,000, which is projected to be reached approximately one hour later. While transfers will be paused, trading of RUNE on Binance will continue uninterrupted. – Binance Team, Official Announcement, Binance, Source
No Market Volatility as Binance Supports RUNE Update
The market responded moderately to this announcement, with no significant fluctuations in RUNE’s trading volume. Users can continue trading seamlessly, indicating a neutral sentiment across exchanges.
Financial analysts predict increased security will strengthen the RUNE ecosystem. Historical patterns suggest minimal disruption to trading activities, alleviating potential concerns about liquidity or pricing dips.
RUNE’s Upgrades: A Historical Stability Trend
THORChain performs routine upgrades akin to this, ensuring steady technological advances without evident market instability. RUNE tokens historically navigate upgrades smoothly, maintaining market integrity.
Experts at Kanalcoin suggest heightened resilience post-upgrade, reinforcing network strength. Historical trends predict robust user satisfaction and infrastructural fortitude post-deployment phases.
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