The Injective team announced via X on Tuesday that INJ3.0 is now live on the mainnet. This latest development allows INJ to become one of the most deflationary assets in all of crypto. The launch would reduce the supply of INJ rapidly.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $28.63, up by 1% in the last 24 hours.