Bybit Supports Nibiru v2.3.0 Network Upgrade

Bybit Announces Support for Nibiru v2.3.0 Upgrade

Bybit, a major cryptocurrency exchange, announced its support for Nibiru’s v2.3.0 upgrade set for April 2025. The upgrade focuses on enhancing user security and optimizing platform capabilities. Previous upgrades have similarly prioritized security and operational efficiency.

Unique Divine, Co-founder of Nibiru, leads the initiative backed by substantial institutional funds. The upgrade will reinforce Nibiru’s robust infrastructure, involving additional features like EVM compatibility to boost user experience on the platform.

Community Shows Positive Sentiment Towards Security Enhancements

Community sentiment appears positive, with stakeholders anticipating increased security measures. Bybit’s coordination involves temporary suspensions to facilitate the upgrade without major market disruption, in line with responses to previous updates.

Potential impacts on Ethereum-based tokens are minimal, with focus remaining on enhancing Nibiru’s platform. Historical data suggests stable operations post-upgrade, with locked value around $2.03 million, maintained through secure investment vesting schedules and audit verifications. Unique Divine, Co-founder and CEO, Nibi, Inc., stated, “This milestone marks a key step in the evolution of Nibiru. Smoothly launching an initiative like this is about doing small things right to make a big difference. Nibiru places a heavy emphasis on security for users and their digital assets. The audits and resulting mitigation changes help ensure that the new generation of apps on Nibiru will deploy in a secure and efficient environment.” Source

Consistent Support from Bybit for Nibiru Upgrades

Previously, versions v2.1.0 and v2.2.0 received similar support from Bybit, demonstrating the exchange’s commitment to ensuring seamless transitions for users. Past upgrades have consistently prioritized security enhancements without inciting market volatility or liquidity concerns.

Experts suggest this upgrade could incrementally enhance market confidence without inducing major shifts. Historical examination indicates that such initiatives have succeeded in stabilizing the platform rather than provoking uncertainty or unexpected performance issues.