March community update: inEVM on the mainnet problem
As March approaches, Injective continues to strengthen its position at the forefront of the decentralized finance industry, embodying continuous progress and pioneering innovation. This month has been filled with significant events and updates, including the launch of inEVM on the Injective mainnet and major updates such as improvements to the Injective Bridge, each of which marks another milestone in the ongoing saga of outstanding achievements in the Injective ecosystem.
The highlight of March was the launch of inEVM on the Injective network, a groundbreaking milestone in virtual machine development with the first move to hyperscale concurrent VM innovation. This revolutionary update redefines the dApp development and execution landscape, offering unmatched scalability, speed and efficiency. By enabling concurrent transaction processing, inEVM not only significantly improves the performance of the Injective ecosystem, but also further unifies Injective and Ethereum. This enhancement expands Injective's technology horizons and enriches the user experience, providing a more dynamic, responsive and integrated environment for both developers and users.
Another important event in March was the introduction of the Ionic update to the Injective bridge, marking a significant leap in blockchain interoperability and efficiency. This next-generation upgrade revolutionizes the way assets are transferred between different ecosystems, streamlining the process with increased security and speed. This update not only expands Injective's capabilities, but also significantly improves the user experience, making cross-chain transactions more seamless and reliable than ever before.
Injective's ecosystem also expanded this month, with multiple dApps launched on the mainnet and over 540 million on-chain transactions recorded, demonstrating Injective's scalability and growing presence in the Web3 scene.
