Binance Backs Firo Upgrade: Price Surges 3% to New Highs

• Binance supports Firo’s upgrade, sparking a 3% price surge amid positive market sentiment.
• Firo upgrades to shift block rewards, reflecting community-driven tokenomics and decentralization.
• Firo’s price shows bullish momentum as traders eye $1.11-$1.12 as key support zone.

Binance, a major global cryptocurrency exchange, has thrown its weight behind the upcoming hard fork and network expansion of Firo, a privacy-focused digital currency formerly known as Zcoin.

This development, announced on September 12th, is set to enhance the Firo network and attract greater attention from the crypto community. The news has already positively impacted Firo’s price, which jumped 3%.

Binance Gears Up for FIRO Upgrade

According to Binance’s official statement, the exchange is actively working to support Firo’s network upgrade and hard fork. Additionally, Binance plans to temporarily suspend FIRO token deposits and withdrawals from September 16th at 04:00 UTC.

This pause is intended to ensure a smooth transition during the upgrade, minimizing any potential disruptions for users. The upgrade is scheduled to take place at block height 958,655, expected around …

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