Injective Protocol is advancing significantly in the cryptocurrency market. It launched its
native Ethereum Virtual Machine (EVM) to promote faster, cheaper decentralized finance (DeFi) operations. Injective's
INJ Coin prediction is projected to touch a new all-time high this year, signalling growing demand for altcoins. The protocol presented a
No-Code platform catering to Web3 developers, which could fuel innovation in the sector. October saw a
token burn which normally signals a coin's increasing value due to reduced supply.
Demonstrating corporate confidence,
Pineapple Financial activated its first corporate Injective (INJ) Treasury with a hefty $100 million investment. The protocol's lean towards
decentralized finance and
on-chain finance is pushing the boundaries of crypto-financial integrations.
Injective's ETF proposal moved into the SEC public input phase, and 21Shares also initiated an application for an Injective ETF, indicating heightened institutional interest. As an innovation, Injective introduced perpetual futures for pre-IPO entities like OpenAI to the blockchain.
XRP went live on Injective as XRPL EVM launch spurred integration, and Injective joined hands with io.net to revolutionize the training of AI models using decentralized infrastructure. Injective protocol is even set to launch the S&P 500 index soon. An investing community sees Injective, along with those like BlockDAG, BCH, and Render highlighted as desirable investments. Finally, at the heart of
DeFi revolution, Injective tokenized SharkLink's ETH treasury.
Injective Coin News Analytics from Tue, 27 Jul 2021 07:00:00 GMT to Wed, 12 Nov 2025 06:53:23 GMT -
Rating 8
- Innovation 8
- Rumor -2
