On the third anniversary of the Injective mainnet, INJ's performance is very impressive. Judging from the prosperous ecological performance, INJ is becoming a super public chain giant!
In the past year, Injective has carried out comprehensive development in many fields including new chain upgrades, token destruction mechanism, MEME, INJ ETP, RWA, etc.!
Just looking at the project dynamics in the past two weeks, we can see that the Injective team has been working on:
1⃣CEO Eric Chen attended the New York University blockchain seminar
The seminar on "Challenges and Opportunities of Institutional Participation in Blockchain" held at New York University discussed the future of blockchain with leaders from BlackRock, JP Morgan and Franklin Templeton. This frequent high-level interaction also means that Injective's influence in the institutional capital market is constantly rising.
2⃣Ecosystem growth exploded in October: on-chain transactions reached 1 billion times, and Helix's total transaction volume exceeded US$40 billion
The Injective ecosystem achieved many impressive indicators in October. A total of 1 billion transactions were completed on the chain, and the total transaction amount of the decentralized exchange Helix reached 40 billion US dollars. At the same time, 51,520 INJ were destroyed in October, which not only demonstrated the strict implementation of its deflation mechanism, but also enhanced market confidence.
3⃣Highlight product release: AUSD native stablecoin is launched Injective has launched a native stablecoin AUSD, which is provided by VanEck as reserve assets and StateStreet as custodian. The support of the two giants brings strong credit endorsement to AUSD, which also shows that Injective is laying the foundation for its further expansion in the decentralized finance (DeFi) market in the future.
4⃣Injective integrates with the ASI Alliance to promote on-chain AI financial applications Injective's cooperation with the Artificial Intelligence Super Alliance (ASI) has injected new AI capabilities into its ecosystem. Users can now access the ASI Alliance's $FET in dApps on Injective (such as Helix) and use AI to enhance financial strategies. With the addition of Fetch.ai, SingularityNET and Ocean Protocol to ASI, Injective has become an important platform for promoting the integration of blockchain and AI.
5⃣The Injective Summit in Thailand is about to be held, and VanEck and other bigwigs have confirmed their attendance. The Injective Summit in Thailand will be held soon, and Nick Van Eck will attend in person. This large-scale summit also reflects the strength of INJ. It is a good opportunity for user institutions to communicate face to face offline. At the same time, Injective may reach cooperation with more institutions.
6⃣FET/USDT spot market is launched on Helix decentralized exchange
FET is a Cambridge-based artificial intelligence company dedicated to redefining the possibilities of a smart, connected world through AI agent-based technologies. The ASI Alliance, co-founded by Fetch.ai, SingularityNet and Ocean Protocol, aims to advance the development of decentralized general artificial intelligence (AGI) and super artificial intelligence (ASI) within the Injective ecosystem.
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Injective has been continuously integrating in DeFi, smart contracts, AI and other fields recently. Its products and ecology are very active, and it has cooperated with many large institutions. Its influence and application are becoming more and more extensive. The trend of INJ tokens is also an intuitive performance. The team that has been working hard deserves praise and continues to be optimistic in the long term.