Binance has confirmed its support for the upcoming Terra Luna Classic (LUNC) network upgrade, which is scheduled to occur on August 15, 2025.
According to the announcement, Binance will suspend deposits and withdrawals of tokens on the Terra Luna Classic network starting at approximately 14:30 UTC. This temporary measure is intended to ensure a smooth transition and protect user assets during the upgrade process.
The network upgrade itself is expected to take place at block height 24,660,000, which is projected to occur around 15:30 UTC on the same day. Trading of LUNC and related tokens on Binance will not be affected during this period.
Binance emphasized that deposits and withdrawals will be reopened as soon as the network is confirmed to be stable after the upgrade. Users are advised to plan ahead and complete any necessary transactions before the suspension window.
This upgrade represents another step forward for the Terra Luna Classic ecosystem as the community continues to implement technical improvements and maintain the security and performance of the network.