Binance Backs THORChain Upgrade at Block 21210000

Coin WorldWednesday, May 21, 2025 12:12 am ET

1min read

RUNE--

Binance, a prominent global cryptocurrency exchange, has declared its support for the forthcoming network upgrade of THORChain (RUNE). The upgrade is set to occur at block height 21,210,000, anticipated to take place at 01:00 Eastern Time on May 23, 2025. This event is a significant

landmark

in the evolution of the THORChain network, highlighting its growing importance in the cryptocurrency ecosystem.

THORChain is renowned for its chain-agnostic bridging protocol, which enables trustless and secure value-transfer connections with most other blockchain networks. The upcoming upgrade is designed to bolster these capabilities, making THORChain more resilient and efficient. The network's native token, RUNE, is integral to the ecosystem, serving as a vital component for the implementation and operation of THORChain's features.

Binance's endorsement of THORChain underscores the increasing recognition of its potential within the cryptocurrency space. This support is expected to enhance the stability and credibility of the THORChain network, attracting more users and developers to the platform. This move is consistent with Binance's strategy of backing innovative blockchain projects that have the potential to transform the industry.

Recently, THORChain achieved a notable milestone with the introduction of Secured Assets, which facilitate decentralized, composable cross-chain assets without the need for traditional bridges or wrapping. This innovation is poised to further enhance the interoperability and security of the THORChain network, making it a more appealing choice for users and developers.

The network upgrade is a crucial step in THORChain's roadmap, and Binance's support will be instrumental in its success. As the cryptocurrency market continues to evolve, projects like THORChain that prioritize interoperability and security are likely to gain more prominence. The upcoming upgrade and Binance's backing are positive indicators of THORChain's future growth and development.

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