Bybit announced that it will temporarily pause deposits and withdrawals of Injective (INJ) as they proceed with the network’s v1.17.1 upgrade starting on December 3, 2025.
This upgrade may not have immediate market effects but indicates ongoing development efforts, affecting mainly the exchange’s operations involving INJ tokens.
Bybit has announced its support for the upcoming Injective (INJ) v1.17.2 network upgrade. This continues Bybit’s ongoing commitment to aiding in significant protocol changes for the Injective platform.
Bybit’s decision involves suspending INJ deposits and withdrawals to ensure network safety. The changes could enhance the operational capacity of the Injective network, as has been the case with previous upgrades like v1.17.0 and v1.16.2.
Temporary INJ Transactions Halt Sparks Curiosity
The upgrade leads to temporary suspension of INJ transactions on Bybit. Bybit has yet to detail the specific enhancements that v1.17.2 will bring, though safety and performance remain key priorities.
Historically, Bybit has managed prior upgrades effectively, mitigating major disruptions. However, the financial implications of these upgrades on INJ’s market position remain speculative pending further data. “These upgrades might well determine the trajectory of INJ in the cryptocurrency market, highlighting how pivotal such transitions can be,” analysts assert.
Expert Insights on Bybit’s Steady INJ Support
Bybit has a consistent track record of aiding INJ upgrades, such as v1.13.2 and v1.17.0. These upgrades usually involve temporary suspensions, ensuring cohesive transitions while maintaining network integrity.
Kanalcoin analysts suggest that these upgrades may foster enhanced network functionalities. Comparative analysis with previous updates indicates likely progression in network performance, benefiting long-term holders of INJ.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |
