Coinspeaker
Binance to Temporarily Suspend Sei Network Transactions for Upgrade
Binance, one of the world’s foremost crypto exchange platforms, has announced the plan to temporarily suspend deposits and withdrawals of tokens on the Sei and Sei EVM networks.
Deposits and Withdrawals on Sei and Sei EVM Networks Paused on September 16
According to the announcement, which was shared on Binance’s official website, the suspension will start at 15:00 UTC on September 16 and will allow the platform to support a major upgrade on the Sei blockchain.
Binance noted that the Sei network upgrade will take place at the block height of 102,491,599. That is, with the height expected to be reached at 16:00 UTC latest on the same day.
Notably, this upgrade is part of Sei’s ongoing efforts to improve its network performance and user experience. The Sei network is known for its robust infrastructure and innovative solutions. It is a fast-growing layer-1 blockchain that seeks to provide a
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