On Monday, the Injective team announced via X that it has submitted the governance proposal for the Ethernia mainnet upgrade. The upgrade is slated to occur on July 31, 2025 and will introduce features such as real-time transaction finality, low transaction fees, and unmatched Ethereum compatibility.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $14.59, down 5% in the last 24 hours.