The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

CryptoUpdated•Originally published 6 April 2026•Updated 6 April 2026•

1 min read

Binance to Temporarily Suspend Ethereum Transfers for 'Glamsterdam' Upgrade

Key Facts

1Binance announced a temporary suspension of deposits and withdrawals on the Ethereum network scheduled for April 7, 2026.

2This move coincides with the scheduled 'Glamsterdam' upgrade for the Ethereum network to ensure operational stability.

Binance has announced a temporary suspension of deposits and withdrawals on the Ethereum network starting April 7, 2026, to support the upcoming 'Glamsterdam' upgrade. This scheduled pause is a precautionary measure intended to ensure technical stability and protect user funds during the transition. Amidst these technical preparations, Ethereum has successfully reclaimed the $2,100 price level, reflecting positive market momentum. Trading of ETH and other Ethereum-based tokens on the platform will remain unaffected during the suspension period. Services are expected to resume once the network is deemed stable following the successful completion of the upgrade. Analysts view the suspension as a routine procedure, though the price recovery adds a layer of bullish sentiment for investors.

about 2 months ago

Version History

1 additional source confirmed this story

Version 1about 2 months ago

What changed: The story was updated to include Ethereum reclaiming the $2,100 price level, providing additional market sentiment context alongside the technical upgrade news.