On October 3, 2025, Binance announced support for the Polygon (POL) network upgrade and hard fork, set to occur at block height 77,414,656, approximately at 16:12 UTC on October 8, 2025, per. Deposits and withdrawals for POL tokens on the Polygon network will be suspended starting at 16:12 UTC, resuming once the network stabilizes, per. Binance will handle all technical requirements, ensuring user assets remain safe without action needed, per. Trading on spot, futures, and other markets will continue unaffected, per.
Polygon, a leading Ethereum Layer-2 solution, is implementing this upgrade to improve network performance, scalability, and security, per. The hard fork, part of Polygon’s ongoing evolution from MATIC to POL, aims to boost throughput to 1,000 TPS with under-five-second finality, with a follow-up upgrade potentially reaching 5,000 TPS and one-second finality, per. Validators must update Bor nodes and adjust gas limits to 45 million, per. This aligns with Polygon’s efforts to support more users and secure transactions, per.
The announcement has sparked discussions on X, with users like @ShohjahonX2554 and @OsioneSharomo sharing the news and linking to Binance’s support page, per. POL benefits from Binance’s support, ensuring minimal disruption, but similar past upgrades have led to temporary volatility, per. With Polygon’s $16.67B market cap and role in DeFi, this upgrade could enhance adoption, per. Bitcoin (BTC) ($113,234) and Ethereum (ETH) ($4,070) remain stable, per CoinMarketCap, but Layer-2 improvements may boost altcoin sentiment, per
Users should complete POL deposits before October 8, 16:12 UTC, as withdrawals resume post-stabilization, per. Monitor the network on polygonscan.com and Binance updates via binance.com/support. POL support at $0.30 and resistance at $0.40 are key, per TradingView. Diversify into USDC or ETH with stop-losses below BTC’s $112,000, per. Follow @TheBlock__ on X for real-time news. The upgrade could propel Polygon toward $1B TVL growth by 2026, per.
