Binance has announced a temporary halt to deposits and withdrawals for all tokens associated with the THORChain network starting at 8 PM PST on November 20, 2025. This action is in preparation for a planned upgrade to the THORChain (RUNE) network. The network upgrade will occur around 9 PM PST once block height 23,761,879 is reached. Binance has assured that all necessary technical steps for the upgrade process will be automatically handled, eliminating the need for user action. Trading on the THORChain network will not be affected by this transition and users can continue to trade their tokens normally. Binance will resume deposits and withdrawals after the upgrade is complete and when the network confirms stability. For any updates please refer to Binance’s official announcement.