Injective Community Approves Meridian Upgrade with 99% Support for Institutional Growth

Key Facts

In a move reflecting the growing trend of integrating traditional assets with blockchain, the Injective community has overwhelmingly approved the Meridian mainnet upgrade with 99% support. This upgrade, designated as proposal IIP-701, aims to transform the protocol into a compliance-native blockchain to significantly boost institutional adoption. The upgrade is scheduled for deployment on September 24, 2026, at a specific block height, following the conclusion of the voting window on September 22.

The Meridian upgrade functions as a strategic pivot to enable the compliant issuance and trading of Real-World Assets (RWA) on Injective's EVM layer. According to reports, the new features allow token issuers to embed regulatory requirements directly into digital assets while unifying MultiVM markets for seamless trading and settlement. This development follows Injective Institutional Services receiving SEC transfer agent registration in August 2026, further strengthening the platform's regulatory framework.

Operationally, the upgrade introduces improvements to market execution mechanics and risk controls, alongside early testing of private RFQ transaction flows. Based on market data as of September 20, 2026, specific numeric price levels for the INJ token are unavailable in the current database; however, the upgrade is expected to drive demand for the native token for transaction fees and governance. Investors are looking toward the September 24 deployment as the next major catalyst for the network.