Background

BNB Smart Chain Schedules Fermi Hard Fork Upgrade

Article arrow_drop_down
BNB Smart Chain Fermi Hard Fork Announcement
Key Points:
  • Mainnet hard fork by BNB Chain developers on January 14.
  • Affects BEP20 tokens and ecosystem assets.
  • BNB deposits/withdrawals suspended around upgrade time.

The BSC mainnet Fermi hard fork is scheduled for January 14, 2026, requiring all validators to upgrade to v1.6.4 or v1.6.5. Binance will suspend BEP20 deposits/withdrawals during the upgrade, primarily affecting BNB and ecosystem tokens.

The Fermi hard fork implicates significant changes on the BNB Smart Chain (BSC), scheduled for January 14, 2026. Developers have mandated that all validators and builders upgrade to versions v1.6.4 or v1.6.5. The upgrade is part of a community-run decentralized network originally launched by Binance. On January 14, 2026, around 02:30 AM UTC, BNB Chain planners will execute these adjustments.

โ€œImportant: the Fermi Hard Fork upgrade on the BSC mainnet is scheduled for activation. Date & Time: 14 Jan 2026, 02:30 AM (UTC). Supported Releases: v1.6.4 and v1.6.5. It is mandatory for all validators and builders to complete the upgrade prior to the fork activation.โ€ โ€“ BNB Chain Developers

Binance, as a key player, will suspend deposits and withdrawals to minimize disruptions. The scheduled Fermi fork primarily affects BNB Smart Chainโ€™s BEP20 tokens, including key ecosystem assets like BNB. Binance plans to suspend deposits/withdrawals at the event due to this upgrade. This suspension process ensures synchronization between networks. Financial adjustments might occur as different assets experience temporary pause impacts. However, no effects on external cryptocurrencies, such as ETH or BTC, are currently identified.

No funding increments or grants related to the fork have been publicized. The forkโ€™s execution might alter existing financial landscapes by affecting BNBโ€™s liquidity pools or staking procedures. Developers preparing for the fork include alterations which may optimize network functionality, potentially by reducing block times or revising voting parameters. With historical precedents lacking, stakeholders remain vigilant for operational insights.

About the author

Related

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex โ€“ All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

โœ–

Go Premium!

Enjoy the full advantage of the premium access.

Login

โœ–

Stop following

Unfollow Cancel

โœ–

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

โœ–