$INJ Over the next two weeks, there are two key dates worth watching.
First: the Meridian upgrade.
At present, the plan is to perform the mainnet upgrade at 15:00 UTC on September 24, with a target block height of approximately 184,394,000. What really matters isn’t the announcement itself, but whether the upgrade can be completed on time and without issues.
Second: 21Shares’ INJ product staking ratio.
The latest S-1 filing shows that 21Shares plans to use 40%—60% of its INJ holdings for staking, typically based on factors such as liquidity needs. The exact ratio will still be adjusted dynamically.
In addition, $INJ officially launched as an SPL token on Solana on September 17, and has begun trading in ecosystem venues such as Raydium and Meteora—further opening cross-ecosystem liquidity.
So over the next two weeks, the $INJ focus boils down to three things:
Can Meridian be upgraded successfully?
How much do institutions actually stake?
Can liquidity in the Solana ecosystem continue to expand?
If these three catalysts can land consecutively, market attention on INJ may continue to heat up.👀
First: the Meridian upgrade.
At present, the plan is to perform the mainnet upgrade at 15:00 UTC on September 24, with a target block height of approximately 184,394,000. What really matters isn’t the announcement itself, but whether the upgrade can be completed on time and without issues.
Second: 21Shares’ INJ product staking ratio.
The latest S-1 filing shows that 21Shares plans to use 40%—60% of its INJ holdings for staking, typically based on factors such as liquidity needs. The exact ratio will still be adjusted dynamically.
In addition, $INJ officially launched as an SPL token on Solana on September 17, and has begun trading in ecosystem venues such as Raydium and Meteora—further opening cross-ecosystem liquidity.
So over the next two weeks, the $INJ focus boils down to three things:
Can Meridian be upgraded successfully?
How much do institutions actually stake?
Can liquidity in the Solana ecosystem continue to expand?
If these three catalysts can land consecutively, market attention on INJ may continue to heat up.👀