Binance has announced that it will temporarily pause Ontology (ONT) deposits and withdrawals starting at 7:00 a.m. UTC on December 1, 2025. The exchange stated that this move is intended to support an upcoming upgrade on the Ontology Network and to ensure the safety of user funds during the transition. ONT trading on the platform will not be affected, allowing users to continue buying and selling the token as usual.
Details of the Ontology Network Upgrade
Ontology is preparing to launch its v3.0.0 MainNet update, which will introduce several significant technical improvements to the network. This major upgrade follows a smaller update rolled out on November 27, 2025, which focused on consensus adjustments and gas-limit refinements. The upcoming December 1 upgrade is expected to bring more substantial changes, particularly impacting the network’s long-term token structure and overall performance.
ONTOLOGY ENTERS A NEW ERA OF PERFORMANCE
Big news from Ontology: The MainNet v3.0.0 upgrade is scheduled for Dec 1 2025, with an intermediate roll-out (v2.7.0) on Nov 27 2025. This is more than a version bump. It’s a major leap in performance, governance, and tokenomics.
The… pic.twitter.com/fVptCIx11O
— Bloomie
(@Mss_Tareem) November 25, 2025
Revisions to ONG Tokenomics
A key aspect of the upgrade involves a significant overhaul of ONG’s tokenomics. Following the implementation of the v3.0.0 update, the total supply of ONG will be capped at 800 million tokens. A portion of this supply will be permanently locked to help stabilize long-term liquidity. The revised model also aims to enhance staking incentives by allocating 80% of new ONG emissions directly to ONT stakers. These proposed changes were formally approved through Ontology’s on-chain governance vote earlier this year.
Impact on Binance Users
The temporary pause will exclusively affect deposit and withdrawal functionalities for ONT. Any ONT tokens currently held on Binance will remain secure and unaffected by this maintenance. Furthermore, all trading features for ONT will continue to operate without interruption. Users who typically utilize ONT transfers for payments, staking purposes, or for moving funds to external wallets are advised to complete these transactions before the scheduled cutoff time to prevent any disruptions once the suspension takes effect.
Resumption of Services
Binance has not yet provided a specific date for the resumption of ONT deposit and withdrawal services. The exchange has indicated that full functionality will be restored once the Ontology upgrade is successfully completed and the network is operating smoothly. Following confirmation of network stability, Binance will issue a separate announcement to inform users that transfers are back online.
Outlook on the Upgrade
While the temporary suspension of services may cause some minor inconvenience in the short term, it represents a standard procedure undertaken by exchanges during significant blockchain upgrades. The forthcoming improvements to the Ontology Network are designed to reinforce the project's underlying infrastructure, enhance overall performance, and establish a more balanced economic model. Upon the completion of this transition, users can anticipate experiencing a more efficient and optimized ecosystem.