Binance to Temporarily Suspend Ethereum Transfers for 'Glamsterdam' Upgrade

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.