What matters here isn’t the ranking itself, but the persistence across a multi-month window. Short-term rotations can fake momentum. Sustained allocation is harder.
When flows hold at this level, the asset starts being treated as part of the core L1 set rather than an opportunistic trade.
Over the last 365 days, $INJ ranks 2nd among all L1s by code commits.
Real ecosystems grow when engineers keep pushing regardless of market mood. Injective sitting at the top tier of L1 development activity tells a simple story: the foundation is being reinforced in real time.
$INJ moves to structurally accelerate INJ deflation
Injective has approved IIP-617, introducing changes that permanently increase the rate of INJ supply reduction.
Rather than relying on episodic burns, the update tightens issuance parameters while continuing revenue-backed Community BuyBacks that systematically remove INJ from circulation. The result is a token model where supply contraction becomes an ongoing network behavior, not a cyclical event.
For investors, the shift signals a transition toward a more predictable, structurally deflationary framework, with token supply increasingly tied to real ecosystem activity rather than discretionary policy changes.
Injective has significantly increased the pace of its internal development over the past month, according to Mirza, Head of Business Development.
In a recent statement, Mirza pointed to major progress across technology, product development and tokenization initiatives, alongside new business agreements and institutional infrastructure.
He added that these efforts are now converging, positioning Injective for a more advanced phase of execution.
Fast block times only matter if the chain stays predictable under load.
What’s interesting about $INJ isn’t just sub-second blocks, but the fact that performance improvements keep compounding without breaking execution guarantees.
That’s how Web3 infrastructure starts feeling usable, not just fast on paper.
$INJ is preparing a series of product launches and strategic initiatives that could make 2026 a pivotal year for the network, according to Mirza, Head of Business Development at @Injective
Speaking about the roadmap currently in development, Mirza said the scale of upcoming plans exceeds anything the Injective has previously delivered, adding that the team is entering a phase he described as “unimaginable.”
Injective just revamped the Exchange Module | $INJ
This actually solves a real execution problem.
On most chains, liquidity is scattered across apps, and everything seems fine until trades get larger. That’s when slippage hits, no matter how good the routing looks.
By consolidating liquidity at the exchange layer, Injective makes execution consistent across dApps instead of forcing each one to patch the same problem individually.
$INJ has joined a Blockchain Association policy letter alongside Coinbase and Stripe.
The letter supports core principles of the GENIUS Act, focused on preserving lawful incentive mechanisms and maintaining US leadership in stablecoin innovation.
Injective’s Community BuyBack is a monthly onchain mechanism that combines INJ burns with revenue distribution to active ecosystem users.
Participants commit INJ, receive a proportional share of Injective ecosystem revenue, and the committed INJ is permanently burned. Supply reduction and network usage are directly linked.
The program replaced the former winner-take-all burn auction with a more inclusive, activity-based model.
Access is whitelist-based and recalculated monthly. Eligibility depends on recent onchain interactions across Injective dApps, orderbooks, and Ninja Pass ownership. Qualification in one month does not guarantee access in the next.
The current BuyBack window is still open.
Eligible addresses can verify and participate via Injective Hub.
EVERYTHING you need to know about the @Injective EVM Mainnet 👇
Injective just went live with its most important upgrade ever. A single environment where WebAssembly and EVM coexist, share liquidity, and run at unmatched speed.
Here’s what this means: • Full public EVM access - developers can deploy any Ethereum-compatible app directly on Injective
• Unified execution - WASM and EVM now share assets, liquidity, and state
• Near-zero gas & sub-second finality (0.64s blocks, ~$0.00008 fees)
• Familiar tools - Hardhat, Foundry, and more, working natively
• Institutional-grade liquidity available from day one through Injective’s CLOB module
This is the first true MultiVM environment in crypto, where composability, performance, and finance-focused modules exist in one place.
From the start, 30+ dApps and infrastructure partners are live on Injective EVM, including: Rarible, Graphp, Bswap, Palmera, Pumex, Debridge, Paradyze, YeiFinance and more joining every week.
The launch also brings major ecosystem integrations: • LayerZero • MetaMask • Сhainlink • Morpho • and RWA primitives like pre-IPO stocks (SpaceX), tokenized funds from Hamilton Lane and BlackRock.
For developers, Injective EVM means instant liquidity, modular plug-and-play architecture, and compatibility with Ethereum’s largest dev ecosystem.
For users, it’s faster transactions, broader asset access, and a real step toward unified onchain finance.