Binance Supports Injective Network Upgrade With Temporary INJ Transaction Suspension

Binance has confirmed its support for the upcoming Injective (INJ) network upgrade and hard fork, scheduled for July 31, 2025. As part of this process, the exchange will temporarily suspend INJ token deposits and withdrawals starting at 13:00 UTC to ensure the smooth execution of the upgrade [1]. The network is expected to undergo a hard fork at block height 127,250,000, with an estimated timestamp of 22:00 UTC+8 on the same day [1]. This action aligns with Binance’s ongoing efforts to support critical blockchain developments that enhance network functionality and security.

A key component of the upgrade is the launch of Ethernia, a beta mainnet compatible with the Ethereum Virtual Machine (EVM). This enhancement is expected to significantly broaden Injective’s appeal by enabling seamless integration with Ethereum-based applications and developers [2]. EVM compatibility is widely seen as a crucial step for blockchain projects aiming to attract decentralized finance (DeFi) and smart contract developers. The move is likely to increase the INJ token's utility and adoption by opening new avenues for cross-chain activity and interoperability.

This upgrade represents a broader strategic shift for Injective, which has also recently filed for a historic staked ETF and continues to emphasize EVM compatibility. These developments signal an intent to position Injective as a more mainstream and integrated blockchain platform, capable of competing in a rapidly evolving market [2]. Analysts have underscored the importance of such upgrades in maintaining competitiveness among blockchain projects, especially as user expectations for cross-chain capabilities and developer tools continue to rise.

The timing and execution of the hard fork are critical for maintaining user trust and ensuring a stable transition. Binance’s clear communication regarding the suspension of INJ transactions demonstrates its commitment to transparency and user protection. Investors are advised to refrain from depositing or withdrawing INJ tokens during the maintenance window to avoid potential issues such as failed transactions or asset loss.

Binance’s active participation in supporting the Injective hard fork reflects the growing collaboration between major crypto exchanges and blockchain projects. This collaboration is a sign of the maturing crypto infrastructure and the increasing alignment among key stakeholders in the space. By facilitating such upgrades, Binance continues to reinforce its role as a central hub for innovation in the blockchain ecosystem.

Source:

[1] Binance. (2025). Binance Will Support the Injective (INJ) Network Upgrade &. https://www.binance.com/en/support/announcement/7c593f7d00244d89b68baba0ba1d33c3

[2] Crypto Adventure. (2025). Injective (INJ) Eyes $30 After Breakout and Historic Staked. https://cryptoadventure.com/injective-inj-eyes-30-after-breakout-and-historic-staked-etf-filing