30 Jun 2025, 08:16

Binance to Suspend Polygon (MATIC) Deposits and Withdrawals on July 1, 2025, for Network Upgrade and Hard Fork

Binance has officially announced the suspension of Polygon (POL) token deposits and withdrawals starting July 1, 2025, at 16:10 (UTC+8). This temporary halt is implemented to facilitate a critical network

30 Jun 2025, 08:00

BINANCE: Binance Will Support the Polygon (POL) Network Upgrade Hard Fork – 2025-07-01

BINANCE: Binance Will Support the Polygon (POL) Network Upgrade Hard Fork – 2025-07-01 $POL #Polygon

30 Jun 2025, 05:30

BNB Chain rolls out Maxwell hardfork to reduce block time and enhance network responsiveness

Cryptocurrencies displayed strength over the weekend as Bitcoin extended above $105,000 to press time’s $108,568. While altcoins brace for significant bounce-backs, BNB Chain will officially roll out the Maxwell hardfork today, June 30, 2025. The upgrade aims to enrich Binance’s chain through enhanced efficiency and speed. BNB Chain @BNBCHAIN · Follow ⚠️ Maxwell Hardfork goes live in a few hours, here’s everything you need to know 🧵 👇 8:24 PM · Jun 29, 2025 130 Reply Copy link Read 56 replies First and foremost, Maxwell will halve BSC’s block time to only 0.75 seconds from 1.5 seconds, making it a sub-second platform. It’s noteworthy that today’s fork builds on last year’s Lorentz upgrade momentum, reflecting the team’s continued dedication to scalability, speed, and enriched user experience. BSC’s journey to efficiency: from Loretz upgrade to Maxwell BNB Chain is among the blockchain projects that take speed as a foundational element for success in the sector. It rolled out the Lorentz fork in April 2025 to reduce block times from 3 seconds to 1.5 seconds. The update brought noticeable enhancement across validator efficiency, dApp responsiveness, and DeFi performance. BNB Chain flourished after Lorentz. For instance, it delivered only a $0.04 transaction fee. Moreover, Dune’s data shows BSC outshined all decentralized exchanges (DEXs) in daily volume. Source – Dune Analytics Meanwhile, the Maxwell upgrade will take these advancements to another level. Node operators, developers, and users can anticipate smooth app interactions and swift transaction confirmations. What to expect with Maxwell hardfork? The latest upgrade transforms BNB Smart Chain’s ecosystem with three main improvements. Firstly, it introduces BEP-524 to slash the block interval to 0.75 seconds. That means doubling BSC’s transaction throughput capability. Users will enjoy accelerated offerings from minting and token swaps to smart contract execution and GameFi activities. Secondly, Maxwell enhanced validator messaging by enhancing existing p2p communication models. That will reduce possible syncing lags, boosting network stability even during faster activities. Validators will experience fewer delays when proposing and voting on blocks. Finally, the BPE-564 standard introduces two messaging mechanisms, GetBlocksByRangeMsg and RangeBlocksMsg. These will enable nodes to synch massive block groups at once, enriching syncing speed and reliability across the BSC network. The Maxwell update isn’t about boosting speed alone. It represents a strategic step toward a more efficient and faster blockchain future. The upgrade reflects BSC’s dedication to dominating web3 adoption amid renewed demand for responsive performance in NFTs, DeFi, and online gaming. BNB price outlook The native token displayed bullishness as enthusiasts brace for network enhancements. BNB trades at $655 after rebounding from the support at $642. Chart by Coinamrketcap Its increasing daily trading volume suggests a possible upward continuation. Continued bullishness amid the Maxwell upgrade and broad market uptrends could fuel BNB’s price to the next resistance at $720. A breakout might propel the token to the crucial obstacle at $760, beyond which BNB will shift its trajectory to bullishness. However, sudden selling pressure might cause the token to plunge to the support barrier at $520-$540. The post BNB Chain rolls out Maxwell hardfork to reduce block time and enhance network responsiveness appeared first on Invezz

30 Jun 2025, 04:56

BNB Chain May Launch Maxwell Hardfork to Potentially Halve Block Times and Boost Network Performance

BNB Chain is preparing to implement the Maxwell hardfork on June 30, marking its most significant speed upgrade to date with block times halved to 0.75 seconds. This upgrade, driven

30 Jun 2025, 04:47

Maxwell hardfork goes live on BNB Chain mainnet — Here’s what you should know

BNB Chain is set to launch its most aggressive speed upgrade yet. To increase transaction throughput, improve validator performance, and enhance responsiveness, the network will implement the Maxwell hardfork on the mainnet on June 30. This will reduce block times from 1.5 seconds to just 0.75 seconds. Three proposals, BEP-524, BEP-563, and BEP-564, are driving the upgrade. Each focuses on important aspects of network performance. BEP-524 cuts block intervals in half, allowing decentralized applications to have lower latency and faster transaction confirmations. BEP-563 enhances validator messages to reduce missed votes or sync delays under more stringent block cycles. Through the use of more sophisticated block-fetching logic to boost syncing efficiency, BEP-564 enhances node-to-node communication. All of these improvements demonstrate how BNB ( BNB ) Chain is constantly working to improve user experience and increase throughput, especially in high-demand areas like decentralized finance, GameFi, and NFT trading. You might also like: Binance didn’t budge: CZ says XRP stayed listed through entire SEC saga The shift to sub-second blocks follows the April Lorentz hardfork , which reduced block times from 3 seconds to 1.5 seconds. Maxwell goes beyond optimization by aiming to improve real-time user experience, accelerate dApp interactions, and preserve node operator and validator performance in the face of increasing network demand. “Maxwell is more than just a speed boost. It’s a foundational upgrade for a faster, more reliable BNB Chain,” developers wrote in a May 22 statement previewing the launch. The upgrade also modifies several consensus parameters. Epoch length has doubled from 500 to 1000, while each validator’s turn length increases to 16 blocks, still just 12 seconds under the new timing. Fast finality can now be reached in under 2 seconds. These changes are intended to maintain block stability and validator coordination despite the higher throughput. The maximum extractable value ecosystem is also affected. To stay competitive in the compressed timing environment, arbitrage searchers and MEV builders will need to modify their strategies as each block will be less than 1 second. At press time, BNB is trading at $654, up 1% on the day. Daily trading volume is up 28%, indicating rising spot market activity. According to Coinglass data , derivatives volume surged 57.5% to $318.5 million in the past 24 hours, reflecting heightened speculative activity as the upgrade is rolled out. Read more: CZ hypes ‘BNB MicroStrategy’ as corporate reserve interest grows

30 Jun 2025, 04:27

BNB Smart Chain’s Maxwell Upgrade May Enhance Scalability and Network Efficiency with Faster Block Times

BNB Smart Chain’s Maxwell hard fork has successfully launched, introducing critical upgrades aimed at enhancing network scalability, validator synchronization, and transaction speed. The upgrade notably reduces block times from 1.5