- The Injective mainnet upgrade will be carried out today after the proposal is approved.
- The upgrade focuses on technical and functional improvements.
- INJ price is showing positive signs despite short-term declines.
Injective is back in focus as the network prepares for a major mainnet upgrade scheduled for April 28, 2026. With this Injective mainnet upgrade, the network is entering a pivotal phase with high expectations for improved performance and a new token buyback mechanism.
The timing of the Injective mainnet upgrade is of particular interest. The update comes as INJ price action begins to show signs of stabilizing after weeks of downward pressure. While the wider Market sentiment remains cautiousA slowdown in selling indicates that traders are no longer pushing the price down as aggressively.
Revealing the basic details of the main network upgrade
In X’s post earlier today, The Injective team highlighted that the community agreed Main network upgrade proposal. The upgrade is scheduled to take place today at approximately 2:30 PM UTC, or once block height 164,394,000 is reached. Read post
“Injective’s mainnet upgrade proposal has been officially approved. The upgrade is set to improve technical performance across the network while boosting Injective onchain units and $INJ token buybacks. The mainnet upgrade is scheduled to take place on April 28.”
Through Injective’s cross-chain governance system, INJ stakeholders and validators voted on and approved the proposal. This means that with successful approval, the mainnet is scheduled to be upgraded on April 28, bringing changes to technical and functional elements.
It is worth noting that the Injective mainnet upgrade aims to bring significant improvements to the technical aspects. It also targets how the token works within the ecosystem.
At its core, the upgrade aims to make the network faster and more efficient by improving the implementation and optimizing its on-chain modules. This would make Injective more reliable for DeFi applications and trading activities.
It is worth noting that this development comes after Solana Strategic movement of the network To upgrade quantum resistance. As CryptoNewsZ reported, both Anza and Jump Crypto’s Firedancer The Chosen Falcon.
Bybit supports Injective mainnet upgrade
Bybit, a prominent cryptocurrency exchange, announced its support for the Injective mainnet upgrade. The stock exchange wrote in a blog post:
“Bybit will support the Injective (INJ) v1.19.0 network upgrade, which is expected to occur on April 28, 2026, at approximately 02:30 PM UTC, or at a block height of 164,394,000. To ensure a smooth transition, deposits and withdrawals via Injective (INJ) will be temporarily suspended starting April 28, 2026, at 01:30 PM UTC. “Coordinator.”
As part of the upgrade, the exchange will temporarily suspend INJ deposits and withdrawals starting at 1:30 PM UTC today one hour early. However, users can continue to trade INJ as usual, as spot and other trading services will not be affected.
How does INJ price react?
More importantly, the introduction of INJ token buybacks adds a new layer of demand, as tokens will be repurchased based on network usage. While this creates a stronger long-term support system for the token, the current price action suggests that traders are still waiting to see real results before reacting aggressively.
As of press time, INJ price Eng-0.29% Its value is $3.61, registering a marginal decline of 1.16% in one day. This indicates that the news of the Injective mainnet upgrade did not have a significant impact on INJ’s price in the short term.
However, the INJ cryptocurrency has seen notable gains of 9% and 28% over the past week and month, respectively. This indicates that despite the short-term decline, the symbol is showing positive signs, sparking optimism.
