Binance’s Support for Injective (INJ) Upgrade
In a separate development, Binance, a leading cryptocurrency exchange, demonstrated its commitment to supporting the upcoming upgrade of the Injective (INJ) network. The exchange announced a temporary suspension of INJ token deposits and withdrawals to facilitate a smooth transition during the upgrade process. This move aims to enhance the capabilities and performance of the Injective Protocol within the decentralized finance (DeFi) ecosystem.
As Binance prepares for the INJ upgrade, market analysts anticipate significant improvements to the Injective Protocol. INJ’s current price reflects a positive sentiment, with a 6.75% increase in the last 24 hours and a surge in trading volume. The strategic upgrade is poised to contribute to the broader DeFi landscape and potentially influence INJ’s market dynamics
