Cryptocurrency exchange Binance announced that it will support planned network upgrades and hard fork processes for the Metal DAO (MTL) network. According to a statement issued by the exchange, in order to protect the user experience and smoothly manage the technology transition process, token recharge and withdrawal services on the MTL network will be temporarily suspended.
According to Binance\'s official announcement, the recharge and withdrawal service for Metal DAO (MTL) online tokens will be suspended at 6:00 pm on July 8, 2026. The exchange said the move is aimed at preventing possible technical interruptions during network upgrades and hard forking processes, and ensuring the security of user assets. The announcement stated that Metal DAO network upgrades and hard forks are expected to take place around 7:00 pm on July 8, 2026. Binance emphasized that throughout the process, all necessary technical requirements will be handled by the exchange on behalf of users, and users do not need to take any additional actions for this transition. On the other hand, the exchange specifically pointed out that this technology upgrade will not affect the trading of tokens on the Metal DAO network. Therefore, users can continue to trade on existing MTL trading pairs on Binanping Platform. Temporary restrictions only cover recharge and withdrawal services. Binance announced that once the upgrade is completed and the updated network is confirmed to be stable, recharge and withdrawal operations will resume. The company also stated that no further announcements will be issued after this process is over and the service will be reactivated directly. * This does not constitute investment advice.

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