1. Injective continues to push the boundaries of blockchain scalability, with recent upgrades delivering the fastest speeds imaginable.
Injective block times have now been slashed to just 0.65 seconds, making it one of the fastest layer 1 blockchains ever created 2. Every millisecond of improvement counts on-chain.
Faster block times translate directly to a more efficient developer environment that over time becomes a magnet for innovation and liquidity. In turn, this provides endless opportunities for users and institutions alike.
3. The remarkable reduction in Injective block times is the result of carefully engineered optimizations focused on several key areas from optimized state synchronization and data handling to enhanced resource management.
4. Injective brings the first and only L1 for finance that delivers
• A self-evolving network that enables dApps to rapidly grow over time • A truly MEV resistant chain • Instant finality enshrined at its core
5. Injective today stands at the forefront of scalability.
With just $1, users on Injective can conduct over 3,000 transactions. How does Injective achieve this?
Gas Compression
A major infrastructure overhaul has enabled Injective to release the first ever implementation of gas compression at the chain level. By dramatically decreasing resource costs and constraints, Injective is able to offer a nominal cost of only $0.0003 per transaction.
July was another massive month, not only for the platform and ecosystem, but also for finance at-large. From launching historic products to integrating key partners, the developments were significant. Major highlights included the launch of AINJ, the Injective Staking ETP, and the integration of OndoFinance and MountainUSDM, offering new yield-bearing stablecoins $USDY and $USDM. These achievements reflected Injective's growing influence in the institutional space.
Likewise, ecosystem's diversity expanded with the introduction of StreamSwap and Start.cooking, enhancing functionality and user experience. Additionally, network security was bolstered by Galaxy Digital joining as a validator, reinforcing Injective’s commitment to a secure and robust platform.
👇Key Metrics
#Burn Auction
-75,232 INJ ($1.8M+) burned in July -6.08 million INJ burned in total -1300% increase over the last year
-80 million blocks processed -Over 829 million on-chain transactions, including a record 3.9 million in a single day on July 4th -$1.6 billion trading volume across Injective DEXs in July, peaking at $163.9M on July 4th
Network Activity -80 million blocks processed -Over 829 million on-chain transactions, including a record 3.9 million in a single day on July 4th -$1.6 billion trading volume across Injective DEXs in July, peaking at $163.9M on July 4th