Injective, as a veteran public chain, is a blockchain specifically built for finance, supporting the next generation of DeFi applications.
The tokenized stock trading volume of $INJ has reached $1.5 billion this year. Recently, Injective has been very active, with key developments standing out:
▪ Native EVM Launch
Injective has launched its native EVM testnet, becoming the first public chain to integrate EVM on a high-performance L1, aiding the development of DeFi and on-chain applications.
▪ XRP Officially Launched on Injective
Injective integrated the Peersyst XRPL EVM mainnet, becoming the first mainstream public chain to integrate this network. Users can now trade and transfer XRP tokens on the Injective mainnet.
▪ High-profile Endorsement
Billionaire Mark Cuban retweeted a Fortune interview with CEO Eric Chen, publicly supporting Injective. His successful investments in Netflix and Amazon enhance the project's credibility.
▪ ETF Application
CBOE BZX and Canary Capital have submitted an INJ ETF application to the SEC. If approved, it will open traditional investment channels for US stock investors in $INJ , bringing significant liquidity. The SEC recently clarified that liquid staking is not a security, which is clearly beneficial.
▪ Hangzhou Hackathon Event
In collaboration with AdventureX, a hackathon was held, attracting 30 Chinese teams, covering areas such as AI trading and identity protocols. At the same time, the EVM migration seminar with developer team @chuhanVcrypto received enthusiastic responses.
The ecosystem and data are also very impressive:
Injective's annual revenue (ARR): over $14.1 million, leading multiple mainstream L1s.
Monthly active addresses: over 100,000.
Three-month inflow: $121 million.
Last week's trading volume: 45 million transactions, a new high.
Injective, combining technological innovation, regulatory progress, and community activities, has clear advantages in the RWA and DeFi fields. If the ETF is approved, it is likely to trigger a new wave of growth. Keep a close watch on this!
