TechFlow news, April 7 — According to an official announcement, Binance will suspend deposits and withdrawals for Syscoin (SYS) at 23:30 UTC on April 6, 2025, in support of its network upgrade and hard fork. The upgrade is scheduled to take place at block height 2,010,345 (approximately 00:30 UTC on April 8, 2025). After the upgrade, significant tokenomic changes will occur for SYS tokens: both total and circulating supply will increase, and the annual inflation rate will rise from 3.5% to a maximum of 10.79%. Binance will display risk warnings on the trading page. Trading of SYS tokens will not be affected during the upgrade, and deposit and withdrawal services will automatically resume once the network stabilizes, without further notice.
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