---
title: "Injective's Price Surges Over 12% Following Governance Proposal Approval"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276321372.md"
description: "Injective (INJ) has seen a significant price increase of over 12% following the approval of the IIP-619 governance proposal, which enhances its MultiVM EVM architecture. According to NS3.AI, this development has coincided with Pineapple Financial (DAT) acquiring 7% of INJ's total supply, indicating a resurgence of institutional interest. Despite these positive trends and consistent on-chain activity, INJ's price remains more than 90% below its all-time high, as it continues to face challenges from the broader altcoin market sentiment."
datetime: "2026-02-19T10:03:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276321372.md)
  - [en](https://longbridge.com/en/news/276321372.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276321372.md)
---

# Injective's Price Surges Over 12% Following Governance Proposal Approval

Injective (INJ) has seen a significant price increase of over 12% following the approval of the IIP-619 governance proposal, which enhances its MultiVM EVM architecture. According to NS3.AI, this development has coincided with Pineapple Financial (DAT) acquiring 7% of INJ's total supply, indicating a resurgence of institutional interest. Despite these positive trends and consistent on-chain activity, INJ's price remains more than 90% below its all-time high, as it continues to face challenges from the broader altcoin market sentiment.

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