Injective reached a significant technical milestone by achieving 0.59-second block times following the IIP-665/v1.20.1 mainnet upgrade deployed on July 30, 2026. The blockchain has progressively optimized its performance since November 2025, when it launched its native EVM mainnet at 0.64 seconds, before a 42% reduction in April 2026 (from 1.2 to 0.7 seconds). This execution speed meets the demands of derivatives trading, Injective’s primary use case, where every millisecond directly impacts profitability. The upgrade received backing from major exchanges including Binance, and the blockchain has processed over 3 billion transactions since its launch. With its 0.59-second block time, Injective positions itself as a direct competitor to Solana, which advertises 400-millisecond block times.
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