Ninjas, before we get too deep into October, I wanted to look back at what actually happened across
@Injective in September.
It was not just one big update. Several important things were moving at the same time.
Meridian, RWA growth, multichain
$INJ access, native USDC, institutional filings, the Community Buyback, first Stockdrop and strong onchain numbers.
➱ Meridian Mainnet
IIP-701 got 99% community support and went live September 24.
➱ Regulated token standards on Injective EVM
➱ MultiVM markets, RFQ testing and atomic onchain purchases
➱ CypherOS privacy infrastructure entered early testing
➱ RWA growth
Pineapple Financial crossed $1B in residential mortgage records, with 2,079 records worth $1.1B.
➱ 29,000+ mortgages targeted, worth $10B+
➱ LG CNS + POSCO International continued tokenized trade-receivables work
➱ More
$INJ access
➱ Robinhood US INJ transfers went live
➱ Native INJ launched on @solana through @sunrise
➱ Raydium liquidity + INJ base pairs on StonkFun
➱ dYdX adopted USDC.inj as sole eligible trading collateral
➱ Kraken added native Injective USDC deposits/withdrawals
➱ 8,000+ brands became reachable through LI.FI + Bitrefill
➱ Institutional
➱ 21shares filed an updated Injective ETF S-1
➱ CanaryFunds filed Amendment No. 3 for its Staked INJ ETF
➱ Canary targets 90%+ staking under normal conditions
These are filings, not approvals.
➱ First Stockdrop
Permanent INJ burns crossed 7.2M, worth ~$55.5M.
➱ Commit $inj INJ → earn revenue → INJ burned → chance at a stock token
➱ One stock token per address
➱ Buyback opened Sept 23, burn + reveal Sept 30
➱ Nearly $300K
$INJ set for buyback and burn
➱ Onchain
➱ 3.06B+ total transactions
➱ 42.8M in the prior 30 days
➱ ~0.65s block time
➱ 58.8M+ INJstaked
RWAs, institutions, Solana, stablecoins, payments, privacy and tokenized stocks are all developing together.
September showed the ecosystem building across multiple areas.
Curious to see what October brings 🥂
#injective #Altcoins!