Figment’s incident page shows that Injective mainnet validators coordinated a pause at 13:00 UTC on November 9, completed the patch and resumed operations at 18:04 UTC, with the status page recording 305 minutes. Odaily’s headline described the outage as lasting 4 hours and 24 minutes, a duration that differs from the status page’s figure. The pause was requested by the Injective Foundation, initially described as a precaution against a potential attack vector, and later reframed as a measure to deploy a security patch.

Odaily reported at 17:36 CST on November 10 that Upbit, Coinone, and Kraken had successively suspended INJ deposits and withdrawals, while spot trading was unaffected. The incident came after the staking-based INJC ETF launched on November 5 and Nasdaq rang the opening bell on November 6, putting the institutional narrative to an on-chain stability stress test just as it was getting started.

Binance snapshot, November 10, 20:59: INJ at $8.037 (-1.471%), with a 24-hour range of 7.864–8.294. Personal opinion: If it reclaims $8.10 and holds for 4 hours, consider going long, targeting $8.29 and $8.50, with a stop-loss at $7.86. If it breaks below $7.86 and fails to rebound above $8.05, look toward $7.70 and $7.55, with a stop-loss at $8.15.

If there are no further outages after service resumes, the price may return to the ETF narrative. If the cause of the incident remains unclear or the chain goes down again, the institutional trust discount will widen. Would you touch INJ before the outage risk is fully clarified?

$INJ

#Injective #INJ #公链 #Nasdaq

The above does not constitute investment advice