Initia (INIT) is a new cryptocurrency launched on April 24, 2025, representing a modular blockchain platform that combines Layer 1 and Layer 2 technologies to address fragmentation issues in the multi-chain ecosystem.
Initia is a decentralized blockchain protocol that integrates Layer 1 and Layer 2 technologies to eliminate fragmentation in the multi-chain ecosystem. It provides a unified architecture for developers, allowing them to build efficient decentralized applications (dApps). A key feature of Initia is the 'Interwoven Stack,' which enables developers to deploy customizable Layer 2 solutions (called Minitias) that support various virtual machines, such as EVM, MoveVM, and WasmVM. Users can participate in staking assets from the Ethereum or Cosmos ecosystems, with these Layer 2 solutions working alongside the main Layer 1 chain to ensure efficient transactions and cross-chain compatibility. $INIT
##Binance 📈 Market Dynamics and Prospects
Since its launch, INIT has shown significant volatility, reaching a peak of $0.9609 on April 25, 2025, and a low of $0.5971 on April 24, 2025. Despite recent declines, the token demonstrates sustained interest from investors, especially considering its unique architecture and support from major funds such as Binance Labs and Delphi Digital.