$INIT As of April 29, 2025, the Initia (INIT) token is trading at approximately $0.8095 USD, reflecting a 0.28% increase from the previous close. Launched on April 24, 2025, on major exchanges including Binance, Kraken, and Crypto.com, INIT is a Layer 1 blockchain utilizing the Cosmos SDK to enhance scalability and interoperability within the blockchain ecosystem. The token's market capitalization is around $109 million, with a circulating supply of 148.75 million out of a total supply of 1 billion. Despite an initial surge to $0.953, the price has experienced volatility, with recent fluctuations between $0.62 and $0.81. Analysts project that INIT could reach between $4 and $5 in the future, contingent on market conditions and adoption. Investors should monitor upcoming token unlock events and broader market trends to assess potential impacts on INIT's price trajectory.