Binance confirmed today that it will support the Injective network upgrade and hard fork. Binance is scheduled to suspend INJ network deposits and withdrawals from approximately 14:00 UTC on Sept. 24, while trading of $INJ remains available. Binance says deposits and withdrawals will reopen once the upgraded network is considered stable.
INTERPRETATION: Network upgrades can improve underlying infrastructure, but traders should separate that fundamental development from short-term price speculation.
🟢 Bull case: A smooth upgrade with normal network activity afterward can strengthen confidence around Injective.
🔴 Risk: Upgrade delays or technical issues could temporarily affect sentiment, while Binance deposit/withdrawal suspension reduces transfer flexibility during the window.
