BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Injective Protocol Processes over 90 million on-chain transactions

by Dalmas Ngetich
Aug 4, 2022 - 12:00 am
in Blockchain
Injective Protocol Processes over 90 million on-chain transactions

On the 2nd of August, the Injective team took to Twitter to announce a new feat in its history. The decentralized protocol has successfully processed over 90 million transactions since its inception, and the team looked set to get the figures up to a hundred million.

Injective has processed over 90M on-chain transactions 🎯🥷

That’s it. That’s the tweet. pic.twitter.com/AozSM1E4dP

— Injective 🥷 (@injective) August 2, 2022

Just last week, the protocol also announced the launch of Injective explorer. This was accompanied by a revamped interface and new sections that displayed the CosWasm smart contract deployments.

With CosmWasm, users can enjoy self-executing smart contracts, binary options, interchain accounts, and much more. The Injective chain has held a reputation as a blockchain built for finance. Its ecosystem is growing rapidly, and developers are building a host of decentralized applications on the protocol.

Frontrunner is one such application. Frontrunner is a decentralized prediction and sports platform that rewards active participants. A few weeks back, the application launched a 12-week trading competition with a $15000 price pool for winners. The sports prediction market has zero gas fees, and users can access unlimited markets while fully controlling their portfolios.

Another famous DApp built on Injective is INJ Dojo. INJ Dojo is a platform for traders to practice their trading. Unlike Frontrunner, though, the platform charges trading fees used to develop the INJ community.

Other notable DApps supported by Injective are Dexterium and Wavely exchange. Both are order book derivative exchanges built to simplify the trading experience for DeFi users.

Undoubtedly, the fascinating features of the Injective protocol will attract a host of DeFi users to the ecosystem soon. So far, over 100 projects have been built on the Injective blockchain, and the protocol has more than 200 thousand community members spread across various nations. Also, the project is backed by influential individuals and crypto companies like Mark Cuban and Pantera Capital.

Tags: BlockchainCryptoINJ
Dalmas Ngetich

Dalmas Ngetich

His primary focus is on technical analysis (crypto is, obviously, *not* crypto without the twirls of price action), the magic of DeFi, and NFTs. He is specifically training his eyes and effort on DeFi—and how the tech is changing investment, opening up opportunities for everyone—and the possibilities of NFTs.

Related Posts

Arthur Hayes speaking about Bitcoin as Japan’s new Prime Minister announces economic stimulus measures

Arthur Hayes Predicts $1M Bitcoin as Japan’s New PM Unveils Economic Stimulus

October 22, 2025

Arthur Hayes predicts Bitcoin could hit $1M as Japan’s new PM Sanae Takaichi launches economic stimulus, signaling potential...

blockchain

Bolivia’s President-Elect Rodrigo Paz Turns to Blockchain to Fight Corruption

October 20, 2025

Bolivia’s new president Rodrigo Paz plans to use blockchain in public procurement and crypto asset declarations as part...

Metaplanet and Bitcoin Magazine logos, symbolizing their new partnership to expand operations in Japan.

Japan Moves Toward Allowing Banks to Buy Bitcoin Under New Regulatory Framework

October 19, 2025

Japan’s regulators are reviewing changes that could let banks buy and hold Bitcoin, signaling a major shift in...

24H HOLD token price chart showing 35% surge despite market pullback

Crypto markets surge as Trump confirms October 31 summit with Xi Jinping

October 19, 2025

Crypto markets rebound after Trump confirms October 31 summit with Xi Jinping, easing US-China tensions and sparking optimism...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service