Upbit Halts BERA Transfers to Safeguard Upcoming Blockchain Overhaul

Upbit has announced the temporary suspension of deposit and withdrawal services for the BERACHAIN (BERA) token in anticipation of a scheduled hard fork on June 4, 2025. The move, occurring at 11:00 AM Korea Standard Time, aims to safeguard user assets and maintain network stability during the blockchain upgrade. This action aligns with the exchange’s established procedures for managing major protocol changes, ensuring minimal operational disruption during the transition period.

The suspension of BERACHAIN-related deposits and withdrawals does not extend to trading services, which remain unaffected. This distinction underscores Upbit’s prioritization of user convenience, allowing investors to continue transacting the token without restrictions while preventing potential risks associated with the hard fork. Industry experts have emphasized the significance of such measures in ensuring a smooth and secure network transition, highlighting Upbit’s proactive approach in aligning with best practices.

This action is part of Upbit’s broader strategy to uphold regulatory compliance and technical standards in handling blockchain upgrades. The exchange has previously demonstrated similar procedures in February 2025 when it managed the transition of Polygon (MATIC) through a comparable service suspension. These standardized protocols have been historically effective in minimizing disruptions and maintaining user confidence during major network updates.

The BERACHAIN hard fork is a key development in the blockchain’s roadmap, aiming to enhance the platform’s scalability and functionality. Berachain V2 introduces several architectural improvements, including the removal of the Polaris Virtual Machine, which was found to create bottlenecks in transaction processing. The platform has transitioned to BeaconKit, a modular EVM development toolkit that enables greater execution flexibility and enhanced user experience. This shift is crucial in supporting the growing demand for DeFi applications on the Berachain network.

A key innovation in Berachain V2 is the implementation of the Proof of Liquidity (PoL) consensus mechanism, which seeks to synchronize incentives among validators, users, and ecosystem participants. Unlike traditional PoS models, PoL fosters a flywheel effect by aligning liquidity across the network’s DeFi protocols, including AMM DEXs, lending platforms, and perpetual futures exchanges. This approach not only strengthens network security but also ensures a continuous flow of liquidity, supporting the long-term sustainability of the platform.

The introduction of BeaconKit also enables the network to support multiple execution clients, including Reth, Geth, and Nethermind, aligning it more closely with Ethereum’s consensus layer design. This modular approach enhances the platform’s adaptability for future development, particularly in the context of EIP-4844 and rollup data scaling. Additionally, the increased validator cap from 100 to 256 in V2 reflects the network’s readiness to accommodate broader participation and secure higher total value locked (TVL) across the ecosystem.

As the June 4 hard fork approaches, market observers are closely monitoring the implications for BERACHAIN’s ecosystem and the broader DeFi landscape. With Upbit’s proactive measures in place, the upgrade is expected to proceed with minimal disruptions, reinforcing the network’s commitment to user security and technical innovation. Analysts suggest that the success of this transition will further solidify Berachain’s position as a leading platform in the modular blockchain space.