Binance Halts INJ Transactions for Injective Network Upgrade

Binance will halt INJ deposits and withdrawals at 21:00 UTC on November 11 to support the Injective network upgrade. The Injective team will execute a hard fork at block height 141,150,000 around 22:00 UTC as part of the network upgrade. INJ trading on Binance remains unaffected. Deposit and withdrawal services will resume once network stability and security are confirmed. Traders should complete all INJ transfers before the cutoff to avoid delays. This upgrade aims to boost performance, scalability, and consensus efficiency on the layer-1 DeFi blockchain. Binance’s support aligns with its backing of previous upgrades on Solana (SOL), Avalanche (AVAX), and Cosmos (ATOM).
Neutral
The brief pause in INJ deposits and withdrawals poses minimal disruption since trading remains fully operational. While the hard fork and network upgrade will improve Injective’s performance, scalability, and consensus efficiency—strengthening its DeFi and cross-chain use cases—there is no immediate price catalyst. As a result, the news is expected to have a neutral impact on INJ’s market value in both the short and long term.