Two upgrades are scheduled on Enjin Chain: the Fort Canning Relaychain runtime 1.8.0 on November 9, 2026 and the Matrixchain runtime 1.4.1 on November 16, 2026, pending governance referenda approval. The native ENJ token currently trades at $0.033, down 99% from its all-time high of $4.82 in 2021, with a market capitalization of $66 million. Fort Canning changes include a significant increase in governance deposits, rising from 0.025 ENJ to 1,000 ENJ, along with OpenGov adoption on Matrixchain featuring 15 referendum tracks. Cross-chain improvements through new XCM APIs and marketplace updates should enhance user experience, though the actual impact on demand remains uncertain.
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