Binance Suspends ACE Deposits for Network Upgrade as Hard Fork Approaches

Binance has announced its support for the upcoming network upgrade and hard fork of Fusionist (ACE), a blockchain project aiming to enhance its technical capabilities. According to a recent report, the exchange will suspend deposit and withdrawal services for Fusionist (ACE) tokens on August 20, 2025, at 13:00 GMT+8 to facilitate the upgrade [1]. The network upgrade is scheduled to occur at block height 3,828,237, expected to be at 14:00 on the same day and time zone.

The move reflects Binance’s ongoing commitment to supporting blockchain projects with strong technical foundations and potential for innovation. By halting token transfers temporarily, the exchange is signaling its active participation in the development lifecycle of the Fusionist (ACE) network. The hard fork will introduce protocol-level changes, including improved consensus mechanisms and enhanced smart contract capabilities, which are expected to contribute to the overall scalability and security of the platform.

The decision underscores a broader trend in the cryptocurrency industry where major exchanges are increasingly engaging in network-level improvements beyond their traditional roles in trading and listing. Binance’s support not only provides technical credibility to the Fusionist (ACE) project but also signals to the market that institutional involvement is playing a critical role in shaping the future of blockchain infrastructure.

For Fusionist (ACE), the upgrade represents a strategic opportunity to strengthen its position in a competitive landscape. Institutional backing from a leading crypto exchange is often viewed as a positive indicator for a project’s legitimacy and long-term viability. However, the success of the hard fork will depend on the adoption and participation of the existing user base and the broader community. The implementation of the new features must also be seamless to avoid disruptions in network activity.

Binance’s involvement highlights the importance of collaboration between exchanges and blockchain protocols. As the crypto industry evolves, the role of exchanges is expanding to include governance, technical support, and infrastructure development. This shift is indicative of a maturing market where long-term sustainability is prioritized through cooperative efforts among stakeholders.

The Fusionist (ACE) network upgrade is part of a larger movement toward enhanced blockchain performance and security. With Binance’s endorsement, the project is positioned to attract more attention from developers and investors alike. The event also reinforces the idea that technological innovation and institutional support are increasingly intertwined in the crypto space.

Source: [1] Binance to Support Fusionist (ACE) Network Upgrade and Hard Fork (https://www.theblockbeats.info/en/flash/307883)