Binance just announced it’s backing the next THORChain (RUNE) network upgrade, happening on December 5, 2025. THORChain’s been on a roll as a cross-chain liquidity protocol, always working on new tweaks and upgrades. Now, with Binance stepping in, the transition should go a lot smoother. Even though this upgrade is mostly routine, traders and liquidity providers should pay attention—it might briefly affect how you move your tokens.
Here’s the deal: Binance will pause all deposits and withdrawals for tokens on the THORChain network starting at 17:00 UTC on December 5, about an hour before the upgrade goes live at block height 23,969,500. They’re not doing this just to be careful—the pause keeps your funds safe, prevents transactions from getting stuck, and avoids the headache of mismatched transfers during the switch. Trading stays open though. You can still buy, sell, or swap RUNE as usual while the upgrade rolls out.
So, only deposits and withdrawals get frozen—your internal transfers and trading on Binance keep running like normal. Since THORChain runs cross-chain, its upgrades often mess with routing, security, and how blockchains talk to each other. If exchanges didn’t pause transfers during these upgrades, things could get messy fast. Binance is just sticking to best practices for big network changes like this.
Binance will handle all the technical stuff behind the curtain—updating protocols, fixing node settings, making sure everything clicks with the new THORChain setup, and double-checking that incoming transactions get credited when things settle down. You don’t have to lift a finger. Your funds are safe, and your balances aren’t going anywhere.
Just a heads up: Binance won’t send out another announcement when deposits and withdrawals reopen. They’ll just turn them back on quietly once the network looks stable. So, the exact timing depends on how smoothly the upgrade runs and how quickly everything syncs up. Usually, THORChain upgrades go off without a hitch, but sometimes nodes or validators need a little extra time to catch up.
If you’re planning to move RUNE or other THORChain-based tokens on December 5, do it before the pause starts. Liquidity providers using THORChain pools outside Binance should also remember that on-exchange deposits will be off for a bit. Still, since trading isn’t affected, the market should keep moving—and you might see a bit of volatility depending on how the upgrade plays out.
This upgrade is just another step in THORChain’s push to get even better at cross-chain, lock down security, and improve the user experience. With Binance on board, you can keep trading while the network levels up. If you want all the technical details, check out the official announcement from the THORChain team.
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