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 <p>Binance announced it will support the MultiversX (EGLD) network upgrade scheduled for March 25, 2025, aimed at enhancing the platform's scalability.</p>
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 <p>This network upgrade is significant for MultiversX's position in the cryptocurrency market and has prompted reactions from community stakeholders and market observers.</p>
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  <h2 id="multiversx-to-enhance-scalability-on-march-25">MultiversX to Enhance Scalability on March 25</h2>
  <p>The <a href="https://www.binance.com/en/support/announcement/binance-will-support-the-multiversx-egld-network-upgrade-2eafd70bfca44bb095a7e8b5b032e8a2" rel="noopener noreferrer nofollow">MultiversX network upgrade</a> is set to improve the blockchain's <strong>scalability and functionality</strong>. Binance plans to support this <strong>upgrade scheduled for March 25, 2025</strong>.</p>
  <p>The network upgrade involves <strong>key stakeholders</strong> including Binance. This change is expected to enhance performance and facilitate more transactions, optimizing the MultiversX ecosystem.</p>
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  <h2 id="116-30-trading-volume-surge-for-multiversx">116.30% Trading Volume Surge for MultiversX</h2>
  <p><a href="https://www.coinmarketcap.com" rel="noopener noreferrer nofollow">CoinMarketCap</a> data indicates MultiversX's current price at $18.62 with a market cap of $521 million. Its trading volume surged by 116.30% in the last 24 hours. Recently, the price increased over 2% in seven days.</p>
  <p><strong>Experts predict</strong> potential effects on <strong>EGLD's technological advancements post-upgrade</strong>. Historical trends show upgrades have often led to temporary market fluctuations. <strong>Stakeholders hope</strong> for positive regulatory impacts facilitating broader blockchain <strong>adoption</strong> and <strong>integration</strong>.</p>
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  <h2 id="ethereum-s-upgrade-precedents-and-multiversx-potential">Ethereum's Upgrade Precedents and MultiversX Potential</h2>
  <p>Historically, blockchain networks upgrade to handle more transactions. <strong>Bitcoin and Ethereum have undergone similar enhancements</strong> for scalability, setting precedents for MultiversX upgrades.</p>
  <p>Expert analysis from Kanalcoin highlights similarities to past upgrades such as Ethereum's enhancements. <strong>EGLD’s upgrade could follow the pattern</strong> of increased adoption and technical sophistication as seen historically.</p>
  <blockquote>
   "Starting at approximately 2025-03-25 15:30 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the MultiversX (EGLD) network to support its network upgrade to ensure the best user experience." - Binance Announcement Team, Official Announcement, Binance
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</main> <a href="https://www.kanalcoin.com/binance-supports-multiversx-upgrade-2025/" rel="noopener noreferrer nofollow">Read original article on kanalcoin.com</a>

Binance Supports MultiversX Network Upgrade in March 2025

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