Cryptocurrency exchange Binance has announced it will support the planned network upgrade for the Enjin Coin network. According to the exchange’s statement, to protect user experience and ensure a smooth technical transition, token deposits and withdrawals on the $ENJ network will be temporarily suspended starting May 18, 2026, at 16:35.
Binance announced that the network upgrade is expected to take place at approximately 17:35 on the same day, at block height 15,543,000. The platform emphasized that all technical requirements related to the upgrade process will be managed directly by Binance and users will not need to take any additional action during this process.
According to information shared by the exchange, trading of the $ENJ token will not be affected during the network upgrade. Users will be able to continue trading normally in the spot and derivatives markets. The suspended service will be limited only to deposit and withdrawal transactions made through the network.
Binance also announced that deposit and withdrawal services will be reactivated once the network is confirmed to be stable and secure following the upgrade. It was stated that no further announcement will be made regarding this reactivation.
Experts consider this update to the $ENJ network to be another important technical step towards improving the project’s infrastructure efficiency. Users are advised to complete their transfers before the specified times to avoid any transaction disruptions.
*This is not investment advice.
