Injective (INJ) has burned over 7.27 million tokens through its Burn Auction and Community BuyBack programs, with the latest burn of about 29,246 INJ completed on September 30. Despite these burns, the total supply increased to nearly 123 million INJ by mid-September, about 22.9% above the initial 100 million. This is because new token issuance, which adjusts based on staking participation, currently outpaces the tokens being burned, meaning the net supply is still growing. Around 47.2% of INJ supply is bonded to validators, below the 60% target, affecting issuance rates that range from 2.20% to 4.40% annually.
Injective (INJ) trades at Rp149.223 on Pluang as of Oct 22, 2026 10:31 WIB, down 8.19% in the past day. Despite the ongoing token burns reported in the news, the circulating supply on Pluang remains fixed at 100 million INJ, reflecting the platform's current supply snapshot. Market activity shows a strong sell bias with 77% of orders to sell and a typical holding period of 38 days, indicating cautious sentiment among investors.
Injective (INJ) price fell 9.34% to $8.28 due to a surge in token deposits to centralized exchanges, signaling increased sell pressure. On-chain data shows heavy wash trading inflating reported volume, with 94.2% of transfers flagged as non-genuine, ...
Injective has permanently removed over 7.2 million INJ tokens from circulation through its monthly Community BuyBack program and an earlier burn auction. Participants commit INJ tokens to the buyback events and receive a share of ecosystem revenue be...
Injective and BDACS signed a memorandum of understanding to develop KRW1, a won-backed stablecoin, for settling tokenized real-world assets in Korean won. This partnership aims to provide Korean investors a local currency option for trading tokenized...
In the past week, the World (WLD) token showed the strongest recovery among ranked cryptocurrencies, rebounding 28% from its low. Other notable weekly gainers included Pump.fun and Injective, each recovering around 24-25%. Conversely, StarkNet experi...
Pineapple Financial aims to place records for over 29,000 funded mortgages worth more than $10 billion on the Injective blockchain network. Currently, mortgage records on the network represent loans valued at over $1 billion. While this expansion sho...
