Pineapple Financial has moved over $1 billion in residential mortgage records onto the Injective blockchain, increasing transparency and reducing friction in mortgage data verification. The company aims to scale this to $10 billion in on-chain loan data, with 2,079 records currently tokenized and linked to original loan files. This move could disrupt traditional mortgage-backed security markets by offering cleaner, faster, and cheaper data handling. The PAPL0 token, representing these records, has gained 48.2% in market cap over nine months, signaling growing investor interest in blockchain-based mortgage assets.
A projection based on trendline analysis suggests Injective (INJ) might reach $100 around 2029, contingent on breaking and retesting the $50–$53 resistance zone. Increased active addresses and developer activity support the token's potential but do n...
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...
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...
