Binance has paused the withdrawal of SOL coins through Solana Network after it recorded a high withdrawal volume. The move comes as Donald Trump launched TRUMP meme coin on Solana, taking the liquidity from other tokens in the crypto market today.
Binance Halts Solana (SOL) Withdrawals Temporarily
Binance’s customer support on X said that the platform was replenishing the hot wallet for SOL withdrawal through the BSC Network. The incident came to light after a Binance user posted their question on X, asking the platform why it was not allowing SOL withdrawals.
Source: Binance
SOL withdrawals in high volume could be a culmination of enthusiasm around the meme coin and a surge of 11.23% in its token value over the past 24 hours.
An increased enthusiasm around SOL is likely the result of the launch of TRUMP meme coin which is now live on Solana. It can be bought using a debit card or a cryptocurrency.
Meanwhile, Binance has asked users to register to receive notifications when SOL withd
We współpracy z: https://coingape.com/binance-suspends-solana-sol-withdrawals/
