Injective, a blockchain platform based on Cosmos, is making significant strides in expanding its ecosystem and enhancing its market presence. The platform plans to launch a layer-3 network on Arbitrum, a layer-2 Ethereum project, aiming to leverage its technology for improved scalability and efficiency. Additionally, Injective has introduced the CW-404 standard to enable fractional NFT ownership, broadening its appeal and potential financial applications.
In parallel, Injective is gaining traction in the financial markets with Canary Capital's filing for a staked Injective ETF, which follows SEC guidance on treating staking rewards as income. This move positions Injective alongside other major cryptocurrencies like Solana and Ether in the ETF space, potentially increasing investor interest and market liquidity. The launch of Injective's mainnet, coupled with a $120 million incentive program, underscores its commitment to driving innovation in the DeFi derivatives sector.
Injective (INJ) Expands Ecosystem: Layer-3 Network & ETF Filing
September 22, 2025
1 min read
Injective, a blockchain platform based on Cosmos, is making significant strides in expanding its ecosystem and enhancing its market presence. The platform plans to launch a layer-3 network on Arbitrum, a layer-2 Ethereum project, aiming to leverage its technology for improved scalability and efficiency. Additionally, Injective has introduced the CW-404 standard to enable fractional NFT ownership, broadening its appeal and potential financial applications.