INJ

Injective

Although INJ shows short-term recovery signals at the 3.51$ level, the overall downtrend and BTC pressure prevail. A breakout above 3.58$ resistance offers a long opportunity, below 3.49$ is risky;...

A $2M buy, a mainnet upgrade, and a breakout above $3.94… but can INJ clear $4.16 next?

BitcoinWorld Bithumb INJ Suspension: Essential Network Upgrade Prompts Temporary Trading Halt SEOUL, South Korea – February 18, 2025 – Leading South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposit and withdrawal services for the Injective (INJ) token. This planned maintenance, scheduled for 9:00 a.m. UTC on February 19, directly supports a critical network upgrade for the Injective Protocol. Consequently, this proactive measure ensures user asset security during the blockchain’s technical transition. Market analysts view such halts as standard operational procedure for major exchanges during core protocol updates. Understanding the Bithumb INJ Suspension Bithumb’s decision to temporarily suspend INJ transactions is a routine yet vital operational step. The exchange made this announcement to provide users with ample advance notice. This suspension affects only the movement of INJ tokens onto and off of the Bithumb platform. Importantly, spot trading for INJ trading pairs may remain unaffected during this period, depending on the exchange’s final implementation plan. Network upgrades, often called hard forks or mainnet upgrades, require temporary service pauses. These pauses prevent transaction failures or fund loss during the blockchain’s state transition. Major global exchanges like Binance and Coinbase frequently enact similar temporary halts. They do this to ensure technical synchronization with the upgraded network. For instance, Ethereum’s numerous upgrades have historically prompted coordinated suspensions across dozens of trading platforms. Therefore, Bithumb’s action aligns with global best practices for custodial security and technical integrity. The exchange has not specified a precise end time for the suspension. However, services typically resume within several hours after the upgrade’s successful completion and post-upgrade stability checks. The Injective Protocol Network Upgrade Context This suspension facilitates a specific upgrade to the Injective blockchain. Injective Protocol is a decentralized exchange (DEX) infrastructure layer built for finance. Its ecosystem allows for the creation of various decentralized applications (dApps). Regular network upgrades introduce new features, enhance security, and improve scalability. The exact details of this particular upgrade, such as its version name or key improvements, were part of the Injective development team’s earlier roadmap communications. Blockchain networks evolve through consensus-driven proposals and implementations. Upgrades can include changes to transaction speed, gas fee structures, or new smart contract functionalities. For a token like INJ, which is native to its own blockchain, exchanges must update their node software. This update ensures compatibility with the new network rules. The temporary suspension allows Bithumb’s technical team to safely implement these backend changes without risking user assets. Element Detail Exchange Bithumb Asset Injective (INJ) Action Deposit & Withdrawal Suspension Start Time 9:00 a.m. UTC, Feb 19, 2025 Reason Injective Protocol Network Upgrade Expected Impact Service Pause, No Fund Loss Expert Insight on Exchange Protocol Management Industry experts consistently emphasize the necessity of such maintenance windows. “When a Layer-1 blockchain like Injective undergoes a scheduled upgrade, exchanges have a fiduciary duty to pause movements,” explains a blockchain infrastructure analyst from a Seoul-based fintech research firm. “This process is analogous to a bank briefly closing its vault during a security system overhaul. The primary goal is absolute asset protection.” Data from past events shows that transparent communication from exchanges significantly reduces user anxiety and prevents speculative market reactions. Furthermore, the South Korean regulatory environment mandates strict operational standards for Virtual Asset Service Providers (VASPs). Bithumb’s compliance with these standards involves demonstrating robust risk management protocols. Announcing and executing planned technical maintenance is a key component of this compliance. It reflects the exchange’s commitment to operational resilience under the guidelines of the Financial Services Commission (FSC). Practical Impacts for INJ Traders and Holders Users of the Bithumb platform should take specific, practical steps in response to this announcement. Complete Planned Transactions Early: Users needing to deposit or withdraw INJ should complete these actions before the 9:00 a.m. UTC deadline on February 19. Monitor Official Channels: Bithumb will announce the resumption of services via its official website and notification boards. Do not rely on third-party sources for this information. Understand Trading Availability: Confirm whether INJ/KRW or other INJ spot trading pairs will be active during the suspension. This detail is usually specified in the exchange’s full announcement. No Action Required for Holdings: INJ tokens held in user’s Bithumb exchange wallets remain secure and unaffected. Their balance and ownership are unchanged by the upgrade process. Historically, such temporary suspensions have minimal long-term impact on an asset’s market price, especially when well-communicated. However, short-term volatility can occur due to reduced liquidity on a specific platform. Traders often shift activity to other exchanges where INJ deposits and withdrawals remain active during the upgrade window. This dynamic highlights the interconnected nature of the global cryptocurrency market. Broader Implications for the South Korean Crypto Market Bithumb’s announcement also reflects the mature state of South Korea’s digital asset ecosystem. The country remains one of the most active and technologically advanced crypto markets globally. Operational transparency from major exchanges like Bithumb and Upbit builds institutional and retail investor confidence. This event demonstrates the increasing normalization of blockchain infrastructure maintenance within traditional financial service frameworks. Moreover, the focus on the Injective Protocol underscores the growing diversity of blockchain projects gaining traction in Korea. Beyond major assets like Bitcoin and Ethereum, layer-1 and DeFi-focused tokens are seeing significant adoption. This trend indicates a deepening sophistication among Korean investors and a robust developer community engaging with next-generation protocols. Consequently, routine technical events for these networks will become more common news items. Conclusion Bithumb’s temporary suspension of INJ deposits and withdrawals is a standard, safety-focused operational procedure. It directly supports the Injective Protocol’s scheduled network upgrade. This action prioritizes user asset protection and technical stability above all else. Users should plan transactions accordingly and await official confirmation from Bithumb when services fully resume. This event exemplifies the routine, behind-the-scenes maintenance required to keep the dynamic cryptocurrency ecosystem secure and functional for all participants. The Bithumb INJ suspension is a reminder of the ongoing technical evolution that underpins the blockchain industry’s growth. FAQs Q1: Can I still trade INJ on Bithumb during the suspension? A1: Typically, spot trading for INJ may continue, but you cannot deposit new INJ to sell or withdraw purchased INJ during the suspension window. Always check Bithumb’s official notice for specific trading availability. Q2: How long will the INJ deposit and withdrawal suspension last? A2: Bithumb has not announced a specific end time. These suspensions usually last several hours, concluding once the network upgrade is stable and the exchange’s systems are fully synchronized. Q3: Are my INJ tokens safe on Bithumb during this time? A3: Yes. The suspension is a preventive measure. Tokens held in your Bithumb wallet are not at risk due to the upgrade. The process is designed specifically to keep them safe. Q4: Will other exchanges also suspend INJ services? A4: Possibly. Other exchanges supporting the INJ token may also announce temporary suspensions to perform their own node upgrades. Users should monitor announcements from their respective platforms. Q5: What happens if I send INJ to my Bithumb deposit address during the suspension? A5: The transaction may not be credited immediately and could be delayed until after services resume. It is strongly advised to wait until Bithumb officially confirms that deposits are being processed again. This post Bithumb INJ Suspension: Essential Network Upgrade Prompts Temporary Trading Halt first appeared on BitcoinWorld .

BitcoinWorld Upbit Halts INJ Transactions: Strategic Pause for Crucial Injective Network Upgrade SEOUL, South Korea – February 19, 2025 – Leading South Korean cryptocurrency exchange Upbit has announced a temporary suspension of all deposit and withdrawal services for the Injective (INJ) token, commencing at 1:00 p.m. UTC today. This strategic operational pause directly supports the Injective protocol’s scheduled mainnet upgrade, a significant event for the blockchain’s ecosystem. Consequently, traders and investors must prepare for a brief period of transaction inactivity for this specific asset on the platform. Upbit INJ Suspension: Operational Details and Timeline Upbit communicated the suspension clearly through its official announcement channel. The exchange will halt all INJ deposit and withdrawal functions precisely at the stated time. However, trading of INJ against Korean Won (KRW) and Bitcoin (BTC) pairs will continue uninterrupted on the spot market. This distinction is crucial for users. The suspension affects only the movement of tokens on and off the exchange’s custodial wallets. The maintenance period’s exact duration remains unspecified, but Upbit confirmed it will provide a follow-up notice once services fully resume. Typically, such upgrades require several hours to complete node synchronization and post-upgrade validation checks. Network upgrades, often called hard forks or mainnet upgrades, are standard procedures in blockchain development. They introduce new features, enhance security, or improve scalability. Exchanges like Upbit must temporarily suspend external transactions to safely update their internal systems, validate the new chain, and ensure user funds remain secure throughout the process. A failed or mismatched upgrade could lead to fund loss. Therefore, this precautionary measure demonstrates operational diligence. Understanding the Injective Protocol Network Upgrade The Injective blockchain is a decentralized exchange protocol built for cross-chain derivatives trading. Its upcoming upgrade, dubbed “Volan,” represents a major milestone. According to the Injective development team’s roadmap, this upgrade focuses on several key enhancements. First, it aims to introduce real-world asset (RWA) modules, allowing tokenized traditional assets to trade on-chain. Second, it seeks to improve inter-blockchain communication (IBC) efficiency for faster cross-chain transactions. Finally, it includes optimizations to the proof-of-stake consensus mechanism for greater network throughput. Such technical advancements require all network validators and node operators, including exchanges, to install new software. The process involves a coordinated switch to the new protocol at a specific block height. During this transition, the network experiences a brief hiatus in block production. Once a supermajority of validators upgrades, the chain resumes. Exchanges must wait for sufficient network stability before reopening deposits and withdrawals to prevent any transactional errors or double-spend risks. Expert Analysis on Exchange Protocol Management Industry analysts view such suspensions as a sign of mature exchange risk management. “A proactive, announced suspension for a network upgrade is fundamentally different from an emergency halt due to security issues,” notes blockchain infrastructure expert Dr. Elena Park. “It reflects a standardized operational procedure. Major exchanges like Coinbase, Binance, and Kraken routinely enact similar pauses. The transparency in timing and reasoning provided by Upbit aligns with global best practices for user protection and asset security.” Data from CryptoCompare shows that over 80% of top-tier exchanges implement planned maintenance windows for major protocol changes, minimizing systemic risk. Market Impact and Trader Preparedness The immediate market impact of the announcement has been minimal. INJ price action showed only minor volatility following the news, indicating the market had likely anticipated this routine event. Historical data from previous upgrade-related suspensions on other exchanges suggests any price effect is typically short-lived, provided the upgrade proceeds smoothly. However, the suspension has direct implications for active traders and investors. Arbitrage Opportunities: The inability to transfer INJ to or from Upbit may temporarily create price discrepancies between Upbit and other global exchanges where deposits/withdrawals are active. Portfolio Management: Users needing to rebalance portfolios or move INJ to private wallets for staking must complete transactions before the suspension window. Withdrawal Planning: Any pending withdrawal requests initiated before the cutoff may be processed only after the maintenance concludes. Traders are advised to monitor the official Injective and Upbit channels for real-time updates on upgrade completion and service restoration. Regulatory Context in South Korea’s Crypto Landscape Upbit’s operation under South Korea’s stringent financial regulations adds another layer of context. The country’s Virtual Asset Service Provider (VASP) framework mandates strict user protection and operational transparency. Planned maintenance events like this must be communicated clearly and in advance. Furthermore, the Financial Services Commission (FSC) requires exchanges to maintain robust technical safeguards during any system change. Upbit’s methodical approach to the INJ upgrade likely incorporates these regulatory requirements, ensuring compliance while supporting blockchain innovation. This incident highlights the evolving interplay between decentralized protocol development and centralized exchange compliance in a regulated market. Conclusion Upbit’s temporary suspension of INJ deposits and withdrawals is a standard, precautionary measure tied to the Injective protocol’s significant “Volan” network upgrade. This action ensures the security of user assets during a critical technical transition. The event underscores the collaborative nature of the crypto ecosystem, where exchanges must work in tandem with underlying blockchain networks. For users, it serves as a reminder of the importance of monitoring official communications and planning transactions around known maintenance events. The successful execution of this upgrade will ultimately contribute to Injective’s long-term scalability and feature set, benefiting the entire ecosystem. The Upbit INJ suspension is therefore a routine step in the continuous evolution of blockchain infrastructure. FAQs Q1: Can I still trade INJ on Upbit during the suspension? A1: Yes. The suspension applies only to deposits and withdrawals. Trading of INJ/KRW and INJ/BTC pairs on Upbit’s spot market will continue as normal. Q2: How long will the INJ deposit and withdrawal suspension last? A2: Upbit has not specified an exact end time. The duration depends on the successful completion and stabilization of the Injective network upgrade. The exchange will issue a new announcement once services resume. Q3: Will my INJ tokens be safe on Upbit during this time? A3: Yes. The suspension is a procedural measure to safeguard assets during the technical upgrade. User funds remain secure in Upbit’s custodial wallets. This is a planned maintenance event, not a security incident. Q4: What is the reason for the Injective network upgrade? A4: The “Volan” upgrade aims to introduce new features like real-world asset (RWA) modules, improve cross-chain communication efficiency, and optimize the network’s consensus mechanism for better performance and scalability. Q5: Do other exchanges also suspend INJ services for this upgrade? A5: It is common practice. Many global exchanges supporting INJ may enact similar temporary suspensions to update their nodes and ensure compatibility with the new protocol. Users should check announcements from their respective exchanges. This post Upbit Halts INJ Transactions: Strategic Pause for Crucial Injective Network Upgrade first appeared on BitcoinWorld .

INJ is being tested at critical support levels at $2.99, RSI giving an oversold signal but downtrend remains dominant. Bitcoin's decline is increasing pressure on altcoins, while MTF confluence may...

INJ at $3.72 is at critical levels; watch for breakout above $3.9176 for upside, below $3.6247 for downside. BTC's downtrend increases altcoin risk, while oversold RSI balances both scenarios.

Key Takeaways RWA leadership is being decided by development activity, not price or hype. Hedera leads, with Chainlink, Avalanche, and […] The post Here Are the Most Developed RWA Networks Right Now appeared first on Coindoo.

The Injective community kicked off the week with a decisive move after approving a major tokenomics overhaul through governance, with more than 99.8% of staked voting power backing the proposal. This shift in sentiment is already shaping near term discussions around the Solana pr...

New York, NY, USA, January 20th, 2026, Chainwire