Injective News (14-20 October) 📰

There were several important developments last week that are worth noting. By analyzing them, we will be able to better understand the direction Injective is heading in and what lies ahead. Analyzing these news will help us better understand their impact on the project and its next steps in an ever-changing industry

1.Injective has reached the impressive milestone of creating 90 million blocks! This efficiency not only enhances the user experience, but also positions Injective as a leading solution in decentralized finance and beyond

2.Injective Summit 2024 is just around the corner! Already on November 15, Bangkok will host a great event during DevCon. Join to participate in exciting discussions, see new launches and experience unique experiences

3.Paxos South America has launched the wUSDL stablecoin in the Injective ecosystem! Users can now use it in DeFi protocols and generate revenue from treasury bonds. wUSDL is suitable for margin trading, lending, and money market operations in Injective

4.South Korea's largest exchange, Upbit, has added support for $INJ! Millions of users can now purchase $INJ tokens directly for the Korean won ($KRW). This is an important step to expand access to the Injective ecosystem in a new market

5.The Helix platform has surpassed $40 billion in trading volume! This is a significant achievement for a decentralized exchange, underlining its popularity and trust from users

Injective is actively expanding its capabilities, improving its infrastructure and strengthening its presence in global markets. Integration with Paxos and Upbit, as well as a major summit in Bangkok that will take place in November emphasize the company's ambitious plans for global expansion and technological development