The slowdown, caused by network congestion, has limited some users’ ability to view event interaction data in real time.
The team behind the Binance wallet assured users that this issue is display-related only. This means no funds, transactions, or security features have been compromised.
Network Strain and the Nature of the Lag
The announcement was made through Binance Wallet’s official X account, where the team clarified that core wallet operations. This includes sending, receiving, and storing digital assets — remain fully functional. While the lag may cause frustration for users participating in ongoing events or campaigns, the wallet’s integrity and user balances are completely unaffected.
NEW: BINANCE WALLET REPORTED TEMPORARY LAG ISSUES DUE TO NETWORK CONGESTION, AFFECTING SOME USERS’ ABILITY TO VIEW EVENT INTERACTION DATA – PER BINANCE NEWS pic.twitter.com/3QOOuyHc6r
— DEGEN NEWS (@DegenerateNews) October 13, 2025
The Binance Wallet team explained that network congestion can occur when there is a sudden surge in blockchain activity. When too many transactions are processed simultaneously, data propagation slows down. Especially for features that require continuous updates such as event interactions. In this case, some users were unable to view participation metrics or rewards in real Tim. This is because of buffering delays in data display.
Users have reported that Binance Wallet appears to be down, with assets showing a zero balance. The web version also fails to display account balances. pic.twitter.com/lI5EJuENE0
— Wu Blockchain (@WuBlockchain) October 13, 2025
Binance emphasized that its engineering team is actively working to stabilize the system. “We are actively working on resolving this issue,” the company said in its statement. “Thank you for your understanding and patience.” The team also recommended users refresh their interfaces periodically or wait for updates to fully propagate as network conditions improve. As of 10:10 UTC, the fund balances on the app have returned to normal.
More About the Binance Wallet
Binance Wallet announced that its first Pre-TGE Prime Sale with Yieldbasis (YB) has officially concluded. The event saw massive demand, becoming oversubscribed by an astonishing 23,772%, with more than 212,000 participants taking part.
The first Binance Wallet Pre-TGE Prime Sale with Yieldbasis (YB) has successfully concluded!
The event was oversubscribed by 23,772%, raising a total of 456,060 BNB (worth over 600M USD), with more than 212K participants joining.
A huge thank you to our community for the… pic.twitter.com/HYjHGrRe0U
— Binance Wallet (@BinanceWallet) October 13, 2025
In total, the sale raised 456,060 BNB, valued at over 600 million USD. This overwhelming response highlights the growing interest in early token sales and the strong engagement of the Binance community.
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The post Binance Wallet Faces Temporary Lag Amid Network Congestion appeared first on Altcoin Buzz.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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