Google Cloud dives deeper into web3 as Injective validator
The Injective Overview - April 7, 2025
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Injective By the Numbers
$INJ price: $7 (-33.08%)
Token market cap: $700M (-32.69%)
Total token holders: 51.2K (-0.49%)
Total $INJ staked: 56.45M (-1.29%)
Staking APR: 12.33% (-0.98%)
Injective daily trading volume: $64.29M (+18.29%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Injecting in the biggest developments
Highlighting some of the largest announcements from Injective.
🥷What’s happening: Google Cloud became a validator for the Injective protocol to help secure the network and deployed developer tools to its ecosystem.
🥷Why it matters: Google Cloud, the company behind Gmail and YouTube, became an active network participant by processing transactions and maintaining consensus across the broader Injective blockchain.
Validators are the backbone of proof-of-stake networks because they process transactions and maintain network consensus. In turn, having a technology provider like Google Cloud on Injective can improve network stability and reliability.
In this instance, Google Cloud will help enhance network security, while providing web3 infrastructure services. It aims to do this by allowing Injective developers to leverage its protocol accelerator tools via the Google Cloud Web3 Portal. This means users can receive INJ testnet tokens for decentralized applications testing and development purposes.
This partnership could also lower the barrier of entry for developers looking to build on Injective. The integration of blockchain data into BigQuery public datasets can enable more sophisticated analytics and trading strategies that weren't previously possible at scale. This means developers can access core chain data from the Injective network in order to create real-time data dashboards.
🥷 The bigger picture: Google Cloud's participation can be viewed as a sign of growing institutional interest in blockchain technology. As traditional tech companies enter web3, it may signal increasing confidence in blockchain's decentralization and long-term viability.
Additionally, Injective can leverage this partnership to attract more users and developers, while maintaining its decentralized principles. As blockchain networks mature, the quality and diversity of validators matter to create a more decentralized web3 landscape.
Expanding its financial ecosystem
Updates on the latest network of dApps, validators, builders and more helping Injective expand its financial use cases.
Helix deployed onchain perp trading for Google stock, part of its iAssets initiative
Injective shared it joined The Blockchain Association, a coalition with the goal of shaping pro-crypto policy in the USA
The network completed Round #195 of its burn auction with 10,900 INJ token being removed from supply
Four Pillars, a research firm based in South Korea, became a validator on the Injective network
Learn about Injective’s application, consensus and networking layer for its blockchain
Dapp related transactions on the network reached 125M, a 36% increase WoW, DappRadar data shows - this ranks it #1 amongst all other blockchains
Explore Injective’s institutional overview here
From the Injective ninjas 🥷
Highlighting the builders, communities and ecosystem players within the Injective blockchain.
Hear Injective Labs CEO Eric Chen talk on Block Fuel about finance, tokenization and the network’s goal to build an AI Index
ICYMI: Listen to Injective community projects Quants and Kira the Cat, discuss their motives to build on the network, as well as upcoming product upgrades
Learn about Injective’s interoperability features with other blockchains like Ethereum, Solana and Avalanche via a thread by X user Iryna
Neptune collaborated with Drop and Skip Protocol to deploy yield generation pools for user’s assets they swap to Injective
Hydro Protocol shared it hit 220K INJ tokens deposited in its yield compounding pool
For more Injective updates, check out its blog here.
Dive deeper into Injective
Want to get involved in the ecosystem? Developers can check out documentation, GitHub and more here. Find the latest job postings here or get involved at an event below.
Injective Foundation and Four Pillars are hosting a Builder Day in Seoul, South Korea on April 11
Participate in Injective’s NFT content contest for a chance to win INJ rewards
Join the Injective Discord and learn about its finance and developer community
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.