Binance, through Binance Alpha 2.0, has announced support for the PlaysOut (PLAY) contract migration from the BEP20 network to the BASE network, with a 1:1 swap ratio, ensuring no change in user balances.
To facilitate the upgrade, trading of PLAY will be temporarily suspended starting March 23, 2026 at 06:30 UTC, and is expected to resume at 11:30 UTC on the same day.
Such migrations are typically aimed at improving network efficiency, scalability, and broader ecosystem integration. The Base network is known for offering Layer-2 solutions with lower transaction costs and enhanced performance.
Users are advised to monitor the suspension schedule and manage their positions accordingly to avoid disruptions during the swap process.