Brothers, I discovered an issue; Binance has been booming with BNB Chain recently, but many other projects seem to be doing just fine. I checked the projects incubated by Binance Labs, and their development is quite good. As the first project launched on Binance Launchpad incubated by Binance - Injective, it has seen good development to this day, and it is indeed worth studying!
The Injective mainnet has been running stably for three years, with the mainnet token $inj fully unlocked and deflationary, destroying about 6 million tokens weekly. It is not an exaggeration to call it the most communicative chain.
Most importantly, it is currently the only blockchain built for finance, having been approved by the American Blockchain Association and becoming a member, with a status equivalent to Coinbase and Circle. That's impressive!
The recently upcoming market structure bill aims to promote greater institutional adoption of Defi and the entire industry. Among them, the opinions and suggestions provided by Injective have been adopted, contributing to the implementation of policy decisions.
A brief introduction to this project: it can be simply understood as a Layer 1 blockchain focused on the financial sector, similar to WordPress, where anyone can build projects on Injective, including but not limited to DEX, memes, lending, etc. Its speed is incredibly fast, at only 0.64 seconds, making it one of the fastest blockchains in the world.
In the entire financial ecosystem built on Injective, it leads the revolution of tokenized assets in traditional finance while powering asset tokenization platforms. Currently, there are over 11 tokenized RWAs on-chain, making it one of the largest tokenized asset blockchains.
Injective's RWA infrastructure allows institutions to easily integrate and launch tokenized assets, currently being the world's first real-world RWA module. Other integrations such as PYUSD, USDY, and USDM are all supported by Injective's technology, and due to its strong technical expertise and development, Injective has become the preferred token assetization ecosystem for many institutions.
The on-chain order book, financial infrastructure (plug-and-play modules), anti-MEV, high interoperability, and timely trade finality have unique technical advantages. It is also the only one that can automatically execute smart contracts and supports multiple virtual machines, allowing it to stand out in an ecological field. What surprises me the most is that accessing dapps built on Injective incurs nearly zero GAS fees, significantly reducing transaction costs.
The INJ token serves as the native asset of the Injective ecosystem, enabling various dapps to facilitate auction burns, reducing the supply of INJ. The latest 3.0 mechanism has quadrupled its deflation rate, and on-chain transaction volume has reached one billion, with over $185 million net inflow in the past three months. This might be hard to grasp, but let me put it this way: the net inflow is even greater than that of major chains like Solana, Polygon, and BNB Chain, so the overall economic model of the token is very healthy, having already become one of the safe assets!
Both Trump and the famous billionaire Mark Cuban hold INJ tokens, with Mark Cuban showing particular favor, mentioning Injective multiple times during his AMAs.
This is mainly because: INJ has been added to the Coinbase 5.0 index, allowing users to access the largest assets among all cryptocurrencies through a single product. Meanwhile, Grayscale has listed INJ for consideration, meaning that INJ will have opportunities to serve funds, asset management companies, and traditional financial giants in the future!
Injective has also joined the token assetization alliance, participating in the formulation of industry standards for tokenized assets, providing broader development for services in the financial on-chain environment.
In recent months, some notable projects within the Injective ecosystem have airdropped tokens to users, including $pyth, $w, $ena, $omni, and $xion. Many more upcoming projects will also have opportunities to receive rewards, so keep an eye on the dynamics of the Injective system and new project developments to have a chance at rewards!
