Bybit announced support for Siacoin’s v2.11.0 network upgrade, ‘V2 – The Final Cut,’ slated for early December 2025 around block 552,100.
This upgrade, focusing on security and scalability enhancements, establishes Bybit’s ongoing commitment to Siacoin, impacting its native token without major market disruptions.
Bybit Endorses Siacoin’s Security-Focused v2.11.0 Upgrade
The Siacoin v2.11.0 network upgrade, backed by Bybit, is set for December 2025, focusing on improving security and scalability.
The upgrade involves Bybit supporting the Sia Network Team’s development efforts, continuing a history of earlier improvements in 2025.
Exchanges Halt Siacoin Trading for Safety Compliance
There are no funding disclosures, but exchanges like Bybit, Binance, and OKX coordinate with Siacoin, temporarily halting transactions for safety. “We are pleased to support the Siacoin v2.11.0 network upgrade, reaffirming our commitment to enhancing decentralized storage capabilities and ensuring a seamless transition for users.” – Bybit Official Announcement
The focus remains on technical enhancements, with historical trends indicating minimal market disruption, though changes in Siacoin liquidity may occur.
Seamless Transitions Expected from Siacoin’s Past Upgrades
Past upgrades like v2.9.0 and v2.10.3 experienced smooth executions, aligning with the upgrade’s technological focus.
Experts suggest similar outcomes for Siacoin v2.11.0, noting technical advancements outweigh market volatility risks.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |
