Binance Suspends INJ Deposits for Network Upgrade

Key Points:

  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Binance suspends INJ deposits for network upgrade; trading continues unaffected.
  • Injective network upgrade linked with temporary wallet suspensions, affecting short-term liquidity.

Binance will temporarily halt Injective (INJ) token deposits and withdrawals on November 11, 2025, at 21:00 UTC+8, for a network upgrade and hard fork operation.

The operation supports protocol improvements, with trading unaffected, reflecting historical precedents of network stability restoration post-upgrade.

Binance Implements INJ Deposit Suspension for Network Upgrade

Binance’s official announcement indicates that the suspension of deposit and withdrawal services for the Injective Network will commence to support a significant network upgrade on November 11, 2025, at 21:00 UTC+8. This upgrade targets block height 141,150,000 at approximately 22:00 UTC+8. Trading activities involving INJ on Binance will not be interrupted during this time.

Immediate implications of the upgrade include temporary restrictions on user wallet operations while maintaining trading functionalities. This approach reflects Binance’s established protocol for ensuring technical improvements with minimal disruption.

Binance will suspend the deposits and withdrawals of token(s) on the Injective (INJ) network to support its network upgrade and hard fork to ensure the best user experience. – Binance Team, Official Exchange

INJ Sees 13.74% Daily Rise Amid Network Changes

Did you know? Previous INJ network upgrades also saw Binance suspending deposits and withdrawals, with trading unaffected, reinforcing an established pattern for user service continuity.

Injective (INJ) currently holds a price of $8.13 and a market cap of $812,786,834, reflecting a 0.02% market dominance. Recently, INJ experienced a 13.74% rise in daily price and a 12.32% increase over the past week, reported by CoinMarketCap. Despite experiencing a dip of 42.27% over the last 60 days, operational continuity appears stable with a 24-hour trading volume of $121,170,511.

injective-daily-chart-8

Injective(INJ), daily chart, screenshot on CoinMarketCap at 06:17 UTC on November 10, 2025. Source: CoinMarketCap

Insights from Coincu research suggest that routine upgrades can bolster long-term network reliability, albeit with temporary liquidity shifts. Historical data illustrates temporary dips in user activity, but these typically resolve quickly as enhanced features are fully operational and accessible post-upgrade.

Source: https://coincu.com/news/binance-suspends-inj-deposits-upgrade/