Week #50 stats on $INJ looking healthy. We keep believin | Endurance Udoh en Binance Square

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Week #50 stats  on $INJ  looking healthy. 
We keep believing and working towards making #Injective🔥  Great Again 💙
Up only🚀

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INJ

11.83

-4.59%

735

0

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The @injective Nivara Mainnet upgrade is complete. 42.3 million $INJ were used in the governance voting process, with 86.84% of participants voting "Yes". What should users expect? The chain upgrade delivers the most performant version of Injective to date. It includes powerful architectural enhancements designed to make Injective the leading L1 for asset tokenization and RWAs. This upgrade is expected to bring unmatched tokenization infra to Injective, including: ▷An Enhanced RWA Module Architecture. ▷Institutional Compatibility A Next-Gen RWA Oracle ▷And Much More The future starts here. #Injective🔥

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If you missed out on this last year, you won't want to miss it this time around. Join in for an exclusive event featuring: ● A keynote by Albert Chon, CTO of injective Labs ● Project demos showcasing the future of Web3 ● Networking with top builders and innovators ● Free food & drinks 🍸 The Injective Builder Day is your opportunity to meet new friends and top builders in the Injective ecosystem. RSVP now for a day of innovation, collaboration, and fun! check the Injective Twitter page on X for the link to RSVP

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Another week, even more numbers. The numbers keep adding up, no doubt, and week after week, @injective isn't stopping. New validators are joining Injective, and the amount of $INJ staked by users demonstrates the belief in the long-term potential of the token. Transaction count will undoubtedly hit 5 billion soon, thanks to the #TradFi Stocks Index perpetuals now available to trade on @HelixApp_. For the first time in the crypto space, this gives on-chain users access to the leading stock market index. These stats show how busy the @injective blockchain has been, yet there's no record of any downtime.

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Injective's $INJ Burn Auction Round #188 has reached a significant milestone, with an impressive 12,700 $INJ being burnt in this round alone. This action has led to the permanent removal of an estimated $182,753 USD worth of INJ from the circulating supply. ▷Why is this important? Token burns are a powerful mechanism in the cryptocurrency ecosystem, designed to decrease the total supply of a token, potentially increasing its value due to the basic economic principle of supply and demand. Here's how the INJ Burn Auction impacts the Injective ecosystem:⤵ ■ Scarcity: By reducing the total supply of INJ, each remaining token becomes scarcer, which can lead to an increase in value over time if demand remains constant or grows. ■ Investor Confidence: Regular burn auctions signal a commitment to maintaining and enhancing the value of $INJ, fostering trust and confidence among investors and users of the Injective Blockchain. ■ Ecosystem Health: A lower supply can contribute to a healthier ecosystem by ensuring that the token's value is propped up by genuine demand rather than an oversupply. The $INJ Burn Auction is a step towards a deflationary token model, which is often viewed positively in the crypto space. As @injective continues with its strategic burn auctions, the community watches with keen interest. The reduction of supply not only aligns with long-term value accrual strategies but also positions $INJ for potential growth in the competitive DeFi space. With each burn auction, the narrative around INJ becomes increasingly bullish. Reducing the circulating supply while the blockchain grows in utility and adoption could lead to significant value appreciation, making INJ a token to watch in the DeFi sector.

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𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗼𝗻 𝗜𝗻𝗷𝗲𝗰𝘁𝗶𝘃𝗲 𝗜𝘀𝗻'𝘁 𝗝𝘂𝘀𝘁 𝗦𝘂𝗿𝘃𝗶𝘃𝗶𝗻𝗴, 𝗜𝘁'𝘀 𝗧𝗛𝗥𝗜𝗩𝗜𝗡𝗚! For the 4th month in a row, neptune finance has outshined 9 other lending platforms with the highest stablecoin rates in the crypto space. If you're not leveraging Neptune on #Injective🔥 , you're not just missing out—you're literally throwing money away. Neptune Finance isn't here to play games, it's here to DOMINATE. Join the movement where your assets don't just sit idle but grow. Don't settle for mediocrity. Choose dominance. Choose Neptune. Lend smarter, not harder. Source: PulsarFinance

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