• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, June 4, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Binance Announces Support for Optimism Network Upgrade in Early 2025

27 December 2024
in Crypto, News
Reading Time: 3 mins read
110 1
Home News Crypto

Binance has announced its full support for the upcoming Optimism (OP) network upgrade and hard fork, set to take place on January 10, 2025, at 2:00 (UTC+8). 

To accommodate the upgrade, the crypto exchange announced that it would temporarily suspend deposits and withdrawals on the OP network starting at 1:00 (UTC+8) on the same day. However, it assured users that trading of OP-supported tokens would remain uninterrupted throughout the suspension.

The upgrade, which includes a hard fork event, aims to improve the Optimism network’s scalability, performance, and overall user experience. It will introduce changes incompatible with older versions and require all network participants to update their software. 

Historically, hard forks have driven major advancements in blockchain technology. For example, Ethereum’s transition to a proof-of-stake consensus mechanism, known as “The Merge,” and the “London” upgrade, which introduced EIP-1559 for improved gas fee predictability, are examples of this kind of upgrade.

Binance also stated that it will manage all technical aspects of the Optimism upgrade to ensure a smooth experience. Users are advised to complete any necessary transactions before the suspension period begins. Deposits and withdrawals will automatically resume once the network stabilizes.

Binance has also urged users to stay updated by referring to the official announcement from the Optimism team and to remain vigilant against misinformation or potential scams surrounding the upgrade.

In addition to the Optimism upgrade, Binance has announced its support for the rebranding and token swap of Fantom (FTM) to Sonic (S), set to take place in early 2025. Starting at 3:30 (UTC) on January 13, 2025, FTM deposits and withdrawals will be suspended, and all FTM trading pairs, including FTM/BTC, FTM/USDT, and FTM/ETH, will be delisted.

Trading for the new Sonic (S) token will begin on January 16, 2025, featuring pairs such as S/BTC, S/BNB, and S/USDT. Binance will also update its Futures, Margin Trading, and Simple Earn services to integrate the new Sonic token.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: BINANCEOptimism
Share65Tweet41Share11
Previous Post

Qubetics Hits $7.8M Milestone as Avalanche Attracts Institutional Flows and Arweave Dominates Blockchain Storage: Best Cryptos to Buy in December 2024

Next Post

Qubetics at $0.0377 Prepares for 10% Price Jump While Near Protocol Eyes Web3 Expansion and Quant Gains Enterprise Adoption

Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: x.com
News

Ripple’s RLUSD Stablecoin Approved in Dubai

3 June 2025
source: gartner.com
Crypto

Ethereum Foundation Restructures to Strengthen Design and Development

3 June 2025
Source: X
Crypto

Robinhood Closes $200 Million Bitstamp Acquisition, Expanding Global Crypto Reach

3 June 2025
source: linkedin.com
Business

Helium Wars Testnet Ignites Web3 Gaming Surge on SEI Network

3 June 2025

Featured Posts

Assessing The Impact of China’s Crypto Crackdown

byOlajumoke Oyaleke
19 January 2025
0

Why Are We Trying to Make Bitcoin Like Ethereum? (And Why We Should Not)

byOlajumoke Oyalekeand1 others
3 January 2025
0

Global Crypto Taxation Trends: Supporting Growth or Hindering Innovation?

byOlajumoke Oyaleke
31 December 2024
0

The 10 Worst Crypto Mistakes And How To Avoid Them | DeFi Planet

The 10 Worst Crypto Mistakes And How To Avoid Them

byArjun Chand
26 August 2021
1

A Dive Into The Life Of Meme Coin, DogeCoin | DeFi Planet

From Comic Relief to Crypto Sensation: The Epic Evolution of Dogecoin

byRose Nnamdiand1 others
4 August 2021
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

Your Weekend Crypto Roundup | May 2025 (Week 5)

3 days ago

Your Weekend Crypto Roundup | May 2025 (Week 4)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

4 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 1)

1 month ago

Your Weekend Crypto Roundup | April 2025 (Week 4)

1 month ago
Read More

Events

Crypto Valley Conference
Crypto Valley Conference
5 Jun 25
Risch-Rotkreuz

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Zircuit Joins Binance Alpha: ZRC Airdrop & Trading Competition Go Live

bychainwire
3 June 2025
0

CoinsBee Surpasses 5,000 Gift Card Brands, Becoming the Largest Crypto Gift Card Platform Worldwide

bychainwire
3 June 2025
0

PrimeXBT expands global reach with FSCA-regulated crypto asset services

bychainwire
2 June 2025
0

Zircuit Enables Non-Custodial Wallet Top-Ups for Crypto.com Visa Cards

bychainwire
30 May 2025
0

Bet20 Launches Premium Casino Platform with Trusted Licensing, Instant Crypto Withdrawals, and Elite Gaming

bychainwire
29 May 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00