Polygon has completed the "Indore" hard fork as part of the larger "Inborg" update to improve network stability and eliminate potential errors. Binance has expressed support for the hard fork by halting deposits and withdrawals until the upgrade is complete.

The update aims to eliminate latency and synchronization problems between blocks that have negatively impacted user experience.

The MATIC token has seen a 10% increase in the past 24 hours and may reverse its medium-term bearish trend with the execution of the "Indore" hard fork and upcoming updates. The Polygon team is expected to make important announcements this week.