PANews reported on January 7 that according to an official announcement, Binance is expected to suspend the token recharge and withdrawal services of the aelf (ELF) network at 17:00 (Eastern Time) on January 15, 2025 to support its network upgrade.

The project will upgrade the network at block height 252,256,057 (estimated to be 18:00 Eastern Time on January 15, 2025).