In a recent announcement, Binance has revealed its plans to temporarily halt both deposits and withdrawals of Enjin Coin (ENJ) on its platform as part of a necessary network upgrade. The suspension is slated to begin on February 24, 2025, at 23:00 (UTC+8). The upgrade will take place at a critical block height of 9,098,986, which is projected to occur shortly after midnight on February 25, 2025. This strategic decision by Binance aims to enhance the overall functionality and security of the Enjin Coin network, ensuring a seamless experience for users post-upgrade. Stakeholders and traders are advised to prepare accordingly, as the downtime may impact their operational activities within the crypto market during this period. Continued vigilance is essential for tracking the implications of such network changes on Enjin Coin’s performance.
Source: https://en.coinotag.com/breakingnews/binance-to-suspend-enjin-coin-enj-deposits-and-withdrawals-for-network-upgrade-on-february-24-2025/