Polygon's 'Rio' Hard Fork on October 8 to Boost Network Scalability
Polygon is set to undergo a significant upgrade, known as the 'Rio' hard fork, scheduled for October 8, 2025. This event aims to enhance the network's scalability and efficiency. Binance, a major exchange, will temporarily suspend deposits and withdrawals for Polygon (MATIC) tokens to facilitate this update.
The hard fork, set to occur around 14:12 UTC at block height 77,414,656, includes several improvements. PIP-64 introduces a new block production model to increase network throughput and eliminate chain recognitions. Additionally, PIP-72 introduces 'Witness-Based Stateless Verification,' allowing validator nodes to confirm blocks without maintaining the entire blockchain state.
The Rio mainnet upgrade targets supporting up to 5,000 transactions per second (TPS) and enhancing decentralization. Binance will suspend deposits and withdrawals from 13:12 UTC on October 8, 2025, to ensure it can manage all technical requirements for its users during the upgrade. Trading of Polygon-related tokens will continue unaffected during this maintenance window.
The Rio hard fork is a significant step in Polygon's technical roadmap, aiming to improve network scalability and efficiency. Binance's temporary suspension of deposits and withdrawals is to ensure a smooth upgrade process. Once the updated network is deemed stable, deposits and withdrawals are expected to resume.
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