Binance Suspends ETH Deposits and Withdrawals for Maintenance – Coincu

On April 30, 2025, Binance will perform maintenance on the Ethereum network at 15:00 (UTC+8).

The suspension affects deposits and withdrawals; trading remains unaffected.

Binance Set for One-Hour Ethereum Maintenance on April 30, 2025

Binance, the largest cryptocurrency exchange by trading volume, will carry out scheduled maintenance for its wallet services on the Ethereum network. As officially announced, all related deposits and withdrawals will be suspended on April 30, 2025, at 14:55 (UTC+8) and are expected to resume after approximately one hour.

Trading activities will continue unaffected during the maintenance window, and the exchange assures users of an automatic service resumption once the procedure concludes. The maintenance is a part of regular operational protocols, aiming to enhance security and efficiency.

Binance will perform wallet maintenance on the Ethereum network (ETH) on April 30, 2025, at 15:00 (UTC+8). To support this maintenance, deposit and withdrawal services for the Ethereum network (ETH) will be suspended starting April 30, 2025, at 14:55 (UTC+8). The maintenance is expected to take 1 hour. Deposit and withdrawal services will automatically resume once the maintenance is complete. – Binance Official Announcement, Binance.

Community reactions to these procedural updates are generally accepting, with stakeholders viewing them as routine measures. Historical observations suggest minimal effects on liquidity, and important figures in the industry have not issued any statements specific to this event.

Ethereum Price Trends and Long-Term Security Considerations

Did you know? Binance’s Ethereum network maintenance follows regular practices observed across top exchanges, often recognized for ensuring robust infrastructure and preventing potential system outages.

Ethereum (ETH) currently trades at $1,775.77, with a market cap of $214.38 billion and dominance at 7.33%, per CoinMarketCap data as of April 28, 2025. The currency recorded a 24-hour trading volume of $11.17 billion, reflecting a 10.86% decline. Over the last 90 days, ETH prices marked a decrease of 43.81%, shaping significant downward pressure recently.

According to the Coincu research team, while short-term disruptions are expected to be limited, long-term impact could reveal underlying vulnerabilities if any misalignment in wallet security occurs. Strengthening compliance and innovative tech solutions remain key discussions within the industry, helping mitigate potential risks associated with large-scale asset movements.