BNB Chain recently released information regarding the first phase of the BNB Beacon Chain Token Recovery Tool. To avoid delays, users are advised to migrate as soon as possible. Meanwhile, in the past 24 hours, the price of BNB tokens has declined, while most cryptocurrencies have seen an increase, making BNB particularly notable in the market.
BNB Beacon Chain Token Recovery Tool
It is important to note that only BEP2 tokens on the BNB Beacon Chain can be recovered, provided they have corresponding BEP20 tokens on the BNB Smart Chain. Additionally, permissionless mirroring (BEP84) has been permanently disabled and is unlikely to be restored.
Three Phases of Gradual Conclusion
As each phase progresses, the time required for recovery will increase. The first phase has recently begun, with an end date set for April 30, 2026. The second phase will start on May 1 and conclude on June 30. Since applications will be processed in batches, the recovery time may exceed one month.
However, BNB has seen a 3.97% increase over the past week, and a 7.02% increase over the past month.