Bybit Supports ZetaChain v32.0.0 Network Upgrade

Bybit, a leading cryptocurrency exchange, will support the ZetaChain (ZETA) v32.0.0 network upgrade on July 14, 2025, at 19:30 UTC, enhancing blockchain protocol interoperability.

The upgrade marks a critical step for improving transaction speed and reliability across blockchain networks, possibly affecting tokens like ETH, BTC, and SOL involved in cross-chain transactions.

Bybit Partners with ZetaChain for Major Upgrade

Bybit, in cooperation with the ZetaChain Team, will assist in the v32.0.0 network upgrade. This effort underscores Bybit’s position as a major exchange supporting emerging blockchain developments.

The ZetaChain (ZETA) v32.0.0 upgrade aims to enhance cross-chain functionality. Bybit’s involvement reinforces its commitment to facilitating seamless blockchain operations for users.

“Bybit will be supporting the ZetaChain (ZETA) v32.0.0 Network Upgrade, which is expected to take place on Jul 14, 2025, 07:30PM UTC…”

Token Market Influence Anticipated Post-Upgrade

The upgrade could influence the market performance of related tokens such as ETH, BTC, and SOL. These may be indirectly affected through interoperable transactions enabled by the ZetaChain network.

ZETA’s price has declined substantially, down 94% from its all-time high. Market reactions to this upgrade will be closely watched, given its potential to improve transaction efficiency across networks.

Previous Upgrades Show Minimal Market Disruptions

Previous ZetaChain upgrades, including v31.0.0, were executed without major market disruption. Historical upgrades often lead to short-term token trading pauses but seldom result in dramatic price shifts.

Expert analysis from Kanalcoin suggests that while price effects from this upgrade might be muted, the increase in interoperability could enhance user adoption and broader ecosystem integration.

“This upgrade is a major step forward for interoperability, designed to boost transaction speed and reliability across multiple blockchain networks.”
Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Nakamura Haruto
Author: Nakamura Haruto

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments