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Binance Adds SOL Withdrawals, Bringing Re-Enabled Networks to Ten

Binance said withdrawals are re-enabled for SOL, covering SOL, USDT and USDC, bringing the total number of reopened networks to ten. Binance listed the other enabled networks and said it will restore more assets and networks in phases as security checks are completed.

Published:

Updated:

What happened

Binance said withdrawals are re-enabled for SOL, covering SOL, USDT and USDC, bringing the total number of reopened networks to ten. Binance listed the other enabled networks and said it will restore more assets and networks in phases as security checks are completed.

Confirmed

Global impact / market context

Withdrawals let customers move coins off the exchange, so re-enabling them on ten networks eases fears about access to funds. For SOL holders, this restores the ability to transfer tokens to other wallets or venues, which supports trading and holding outside Binance.

Analyst inference

The article points to a phased return of services after security checks, not a full restart. That suggests Binance is prioritizing safety over speed, which can keep some users cautious until all networks and assets are restored and confirmed through official channels.

Analyst inference

What to watch

  1. Binance said it will continue to restore additional assets and networks in phases as security checks are completed, with further updates through official Binance channels. Confirmed
  2. Watch for further official Binance updates naming which assets and networks are next, since each phase could change which coins and stablecoins users can move off the exchange. Proposed
  3. If more networks reopen, more holders could move coins off Binance, which may shift where trading happens and how much cash available sits on the exchange. Analyst inference

Affected assets

  • ARB — Arbitrum
  • OP — Optimism
  • USDT — Tether
  • ETH — Ethereum
  • BNB — BNB
  • XRP — XRP
  • SOL — Solana
  • BTC — Bitcoin

Evidence