Recent news for the @Injective ( $INJ ) coin is focused on major technical upgrades, a new AI development platform, ongoing token burn mechanisms, and growing institutional interest amid a turbulent market.
Major Developments & News
Vibe Coding/iBuild Launch On November 23, 2025, Injective launched "vibe coding" via its iBuild platform, an AI-powered suite of developer tools that allows users to create Web3 applications using natural language prompts. This aims to democratize dApp creation and expand the ecosystem.
Altria (EVM) Upgrade Live The "Altria" upgrade went live on November 11, 2025, enabling native Ethereum Virtual Machine (EVM) compatibility on the Injective Layer 1 blockchain. This allows Ethereum developers to port dApps to Injective seamlessly, potentially attracting significant cross-chain liquidity from both the Ethereum and Cosmos ecosystems.
Institutional Interest & ETF Filings
Asset manager 21Shares has filed for a U.S. INJ Exchange-Traded Fund (ETF).
Pineapple Financial allocated $100 million to a corporate $INJ token treasury, becoming the first publicly traded company to directly hold INJ. Crypto.com is providing the custody and staking infrastructure for this treasury.
Community Token Burns The protocol continues its deflationary mechanism through monthly "Community Burns," where 60% of fees generated from dApps are used to buy back and permanently burn INJ tokens. A recent buyback on October 27, 2025, burned 6.78 million INJ tokens (worth approximately $32 million at the time).
Partnership with Chainlink Injective has adopted Chainlink Data Streams as the preferred oracle solution for its new EVM chain, providing real-time data for applications like the Helix perpetuals DEX.
Market and Price Analysis
INJ's price is currently around $5.37 USD, but it has been highly volatile, affected by broader macroeconomic pressures and a general "extreme fear" sentiment in the crypto market.
Bearish Factors: Despite strong fundamental developments, the price has been in a downward trend, hit hard by altcoin liquidations and a technical breakdown below key support levels.
Bullish Indicators: The ongoing deflationary token burns, high developer activity (Injective ranks highly in L1 code commits), and new feature launches (like the EVM integration) offer underlying strength that some analysts believe could lead to a future rally if market sentiment improves.
