Bybit has announced it will support the Zircuit (ZRC) v1.122.7 network upgrade scheduled for Dec 08, 2025, causing a temporary suspension of ZRC deposits and withdrawals.
The upgrade is essential for maintaining network efficiency, with trading unaffected, highlighting Bybit’s commitment to supporting technical advancements without market disruption.
Bybit, a prominent cryptocurrency exchange, announced that it will support the Zircuit (ZRC) v1.122.7 network upgrade, scheduled for December 8, 2025. As a result, there will be a temporary suspension of ZRC deposits and withdrawals, while trading activities will continue as usual.
The upgrade, which affects the Zircuit blockchain and its native asset ZRC, is a routine protocol update managed by Bybit. No individual contributors from the Zircuit development team have been named in this context.
Bybit to Pause Zircuit Deposits on December 8
Bybit announced support for the Zircuit (ZRC) v1.122.7 network upgrade, expected on December 8, 2025, at 14:00 UTC. This upgrade will suspend ZRC deposits and withdrawals, while trading on the platform remains active. The announcement was made via Bybit’s official channels.
The upgrade is a routine protocol update affecting the Zircuit blockchain and its native asset, ZRC. Bybit, a prominent cryptocurrency exchange, will manage this upgrade without naming individual contributors from the Zircuit development team.
Technical Implications: ZRC Trading Uninterrupted
The Bybit support for the Zircuit network upgrade is strictly technical, with no additional funding or regulatory implications noted. ZRC trading activities remain unaffected, ensuring continuity despite disruption in deposits and withdrawals.
Historically, similar upgrades have seen temporary suspension of affected assets’ deposits. This approach allows the exchange to address potential technical issues without interrupting trading operations. The current update fits this established pattern of operational management.
Bybit’s Proven Track Record in Network Upgrades
Bybit has a consistent history of issuing maintenance notices similar to the Zircuit upgrade. Examples include Ethereum and CoreDAO upgrades, where deposit suspensions were standard procedure, showcasing a structured response to network updates.
Experts from Kanalcoin highlight that seamless management of upgrades by exchanges like Bybit helps stabilize trading environments. Data indicates such practices avert unnecessary market volatility while ensuring ongoing service availability.
Bybit Announcement Portal, “Bybit will be supporting the Zircuit (ZRC) v1.122.7 Network Upgrade, which is expected to take place on Dec 08, 2025, 02:00PM UTC.” – Bybit Official Announcement
| 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. |
