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Injective By the Numbers
$INJ price: $12.78 (+18.22%)
Token market cap: $1.25B (+19.05%)
Total $INJ staked: 56.72M (-0.98%)
Staking APR: 12.24% (+0.99%)
Injective daily trading volume: $87.43M (+3.41%)
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: Injective launched its EVM Public Testnet, embedding an Ethereum-based environment into its layer-1 blockchain.
🥷Why it matters: Unlike conventional EVM solutions that are reliant on bridges or external layers, Injective’s EVM integration enables high-speed execution of Ethereum-compatible smart contracts natively. This allows developers to leverage familiar coding languages like Solidity and wallets like MetaMask. At the same time, they can tap into Injective’s financial modules, such as an onchain order book, for building sophisticated DeFi applications.
Additionally, the native EVM lowers barriers for developers to integrate withRWA Moduel,, a protocol for tokenizing RWAs like stocks and commodities. Thus enhancing liquidity and advancing its mission to bridge TradFi and DeFi. Injective’s EVM enables rapid development and cross-chain composability, positioning the platform as a more accessible hub for financial ecosystems.
🥷 The bigger picture: Injective’s EVM Public Testnet is the network’s next step toward creating a unified, interoperable DeFi ecosystem.
The network looks to eliminate the need for bridges and foster greater cross-chain composability via its MultiVM environment. This allows developers to create dApps that integrate directly with Injective’s central limit order book infrastructure and extend to Ethereum and other VM environments, such as SVM, Move and more.
This dual-structure approach mirrors broader trends in DeFi, where platforms are able to combine high-throughput trading with smart contract programmability to eliminate fragmentation and create a better user experience.
Expanding its financial ecosystem
Updates on the latest network of dApps, validators, builders and more helping Injective expand its financial use cases.
Injective Labs submitted a letter to the SEC regarding its role in building a regulatory model that protects consumers, while empowering innovators
Returning users on Injective reached an all-time high of 82.4K on July 8, Artemis data shows
Injective shared its newly formed Injective Council that includes Google Cloud, Republic, Deutsche Telekom and more
Round 209 of the Injective burn auction with 8,057 INJ tokens, worth about $104K, being removed from supply
Unique active wallets on Injective rose nearly 63% on the month to 104.7K, according to DappRadar data
Injective integrated Peersyst’s XRPL’s EVM mainnet in order to act as a gateway for its token XRP
Helix added spot and futures trading for XRP to its Injective-powered DEX
Explore Injective’s institutional overview here
From the Injective ninjas 🥷
Highlighting the builders, communities and ecosystem players within the Injective blockchain.
Check out a playlist of all the panel sessions from the Injective Summit
Read about Neptune Finance’s quarter 2 updates and what’s planned for the remainder of the year
Deutsche Telekom shared its ranked as the 6th highest Injective validator by voting power with 4.26%
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.
Participate in Quants’ AI meme competition for a chance at a 1,000 QUNT token prize pool
Check out Injective’s Ninja Missions to earn rewards for contributing to community activations
Explore Injective’s EVM Testnet campaign and earn rewards for engaging with network dApps
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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.