Binance has announced the discontinuation of deposits and withdrawals of MANTRA (OM) on Ethereum and BNB Smart Chain by September 26, 2025, highlighting a trend towards simplification of cross-chain support.
OM Transaction Restrictions on Binance
According to Binance's announcement, the ability to deposit OM on Ethereum will close on September 26 at 03:00 UTC, with deposits after this time not being credited. Withdrawals of OM through Ethereum and BNB Smart Chain will also stop on the same date. Users can continue to deposit and withdraw OM using other supported networks. This move indicates a growing trend among exchanges to avoid multi-chain risks.
Strategic Partnerships and Market Reaction
Recently, MANTRA secured a $20 million investment from Inveniam to integrate AI technologies into its real asset tokenization infrastructure. The project continues to advance its technical roadmap, completing EVM compatibility testing. Despite these accomplishments, the market is experiencing pressure, with the OM token trading 90% below its April peak.
Liquidity Migration and User Behavior
The elimination of ERC-20 and BEP-20 paths will change the way traders interact with OM. Liquidity providers may face broader arbitrage spreads as assets consolidate on fewer networks. Focusing on MANTRA's core infrastructure may accelerate the adoption of its chain and transform liquidity movements within the ecosystem.
The closure of support for OM on Ethereum and BNB Smart Chain could have a long-term impact on liquidity and the use of the MANTRA token, despite short-term challenges.
