Injective Launches Important Token Tool As INJ Bleeds
2024年3月20日 - 4:00AM
NEWSBTC
Injective Protocol, a decentralized finance-centric platform, has
launched TokenStation. In a blog post on March 18, Injective
said the solution, deployed on its mainnet, allows users to launch
native tokens. With this tool, Injective said it would empower
anyone to create their tokens in a low-fee and scalable
environment. Injective Launches TokenStation, Strikes Key
Partnership The tool was developed by the Injective community and
aims to “remove barrier to entry for token creation.” Like the
token creation tools on Solana and Ethereum, for example, using
TokenStation, part of the blog post won’t require coding
experience. Related Reading: Top Reasons Why The Bitcoin
Price Crashed Below $63,000 This makes it easier for individuals
and projects to launch on Injective. Beyond token minting, the tool
allows token management and integration of tokenomics mechanisms
like burning. The blockchain is launching the TokenStation days
after partnering with AltLayer, a platform backed by Binance Labs
dedicated to developing roll-up technology for Ethereum. Through
this collaboration, the two will build a re-staking security
framework for Injective Ethereum Virtual Machine (inEVM)
applications. The recently launched inEVM allows developers to
seamlessly build applications leveraging the high scalability and
near-zero fees on Injective. Additionally, the inEVM is set to
increase composability between WebAssembly (WASM) and EVM
environments. Through this unique feature, Injective can bridge the
interoperability of Cosmos, the developer activity of Ethereum, and
the high scalability of Solana. Will Volan Help Prop Up INJ
Prices? In January, Injective Protocol activated the Volan
Upgrade, setting the platform’s plans to build a robust real-world
tokenization infrastructure into motion. Part of this was the
introduction of a Real-World Asset (RWA) module. In this way,
institutions can launch regulatory-compliant security tokens.
Additionally, Volan modified INJ tokenomics, making the token
progressively deflationary. Burning reduces INJ tokens over time, a
measure adopted by other protocols, including BNB and Ethereum.
Related Reading: Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3
Target In Sight While the upgrade and subsequent partnerships have
lifted its prominence in decentralized finance (DeFi), growth has
been slower than expected. So far, DeFiLlama
data shows that Injective Protocol commands a total value
locked (TVL) of less than $65 million. This is miles behind Solana
or Ethereum, two of the world’s most active smart contract
platforms where active DeFi protocols also thrive. Meanwhile, INJ
prices, although relatively higher, are under pressure, as seen in
the candlestick arrangement in the daily chart. INJ is down 30%
from 2024 highs, slipping and following Bitcoin. However, the coin
is within a broader consolidation. Resistance and support levels
are around $44 and $30, respectively. Feature image from Canva,
chart from TradingView
Solana (COIN:SOLUSD)
過去 株価チャート
から 3 2024 まで 4 2024
Solana (COIN:SOLUSD)
過去 株価チャート
から 4 2023 まで 4 2024