Binance Supports Stratis Network Upgrade and Hard Fork

Binance will support Stratis’s significant network upgrade and hard fork on June 11, 2025, temporarily suspending STRAX deposits and withdrawals to ensure a smooth process.

This upgrade introduces masternode staking to Stratis’s mainnet, potentially boosting community participation and network security while showcasing Binance’s continuous technical support role.

Stratis Introduces Masternode Staking in 2025 Upgrade

The network upgrade by Stratis, scheduled for June 11, 2025, will introduce new masternode staking capabilities. Binance confirmed its backing by halting STRAX transactions to ensure a seamless transition for users. Chris Trew, Stratis CEO, noted, “Stratis Mainnet Hardfork Scheduled for June 11th: Masternode Staking Arrives.”

Starting at approximately 2025-06-11 10:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Stratis (STRAX) network to support the network upgrade and hard fork.

User Engagement to Increase with Network Security Focus

User participation in masternode staking could increase, strengthening network security. The community anticipates potential rewards and engagement incentives, marking a new phase for Stratis. While no regulatory changes were indicated, the upgrade’s emphasis on community and technological growth aligns with industry expectations. Binance’s technical support guarantees continuity during the transition.

Binance’s 2024 Token Swap Strengthens Upgrade Trust

Previously, in March 2024, Binance facilitated a Stratis token swap, establishing trust in handling significant network changes. The 2024 event demonstrated Binance’s capability in managing complex transitions efficiently. Experts suggest this upgrade may enhance token value and attract developer interest. With historical precedents in hand, market stability and growth could reinforce Stratis’s position in the crypto ecosystem.

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