INJ is included in the COIN 50 index, MoonPay is integrated, and the ecosystem has added a new member
📆Injective Ecosystem Weekly Report (11.11 - 11.17)
🔸Major progress
- INJ is included in Coinbase's COIN 50 index, becoming a highly compliant member. The index provides investors with broad exposure to the crypto market.
- MoonPay integrates Injective's fiat currency services, and $INJ can be purchased directly through MoonPay, supporting a variety of crypto assets and providing global services.
- Injective's ecosystem has seen a recent increase in the prices of multiple Meme tokens and utility tokens, and a surge in trading volume, with more than 5.1 million transactions, setting a historical record.
- HexTrust integrates Injective to provide custody, staking and trading services for institutional investors, enhancing Injective's decentralized governance.
- SwapFast transaction aggregator is connected to Injective, supporting local and cross-chain token swaps, and the underlying routing uses DojoSwap and Astroport.
- XION airdrops to the Injective community, Injective users holding Ninja Pass and Premier Ninja can receive airdrops to reward long-term supporters.
- Paradyze prediction market is launched on the Injective mainnet.
- DojoSwap Ecosystem Recovery Fund repurchases assets to support the value of DOJO, and promises that tokens in the team and treasury will not be sold.
- DojoSwap mining pool incentive adjustment, stopping mining rewards for low transaction volume and TVL mining pools, but retaining mining pools and continuing to issue transaction fee rewards.
- DojoSwap launches HDRO-INJ dual-currency mining pool to improve on-chain asset liquidity and attract new market participants.
🔹Other highlights
- Cooper Emmons, on behalf of Injective Labs, detailed Injective's core products, RWA capabilities and future update plans at Thailand Blockchain Week.
♦️Summary
The Injective financial public chain ecosystem has a new member. It has been connected to MoonPay and allows the direct purchase of $INJ with legal currency. At the same time, $INJ 's inclusion in COIN 50 is also a major positive news, and its compliance has been further recognized. With the gradual advancement of the Injective financial public chain, more and more traditional large enterprises and institutions have begun to join Injective to build together. The value of INJ will definitely be discovered. We continue to be optimistic about $INJ and be a firm Holder.