🚨 Injective Just Passed a Major Supply Cut — And Three ETF Filings Are Live
Most traders only watched the daily range.
Three confirmed developments stand out.
First — the Supply Squeeze vote passed.
Injective governance approved IIP-617 with 99.89% support.
The proposal reduces native token issuance while keeping the buyback-and-burn program that uses protocol revenue to permanently remove INJ from circulation.
About 6.85 million INJ has already been burned through that mechanism.
Second — Gulf Labs is live as a validator.
Gulf Labs, part of Thailand’s GULF Group, is securing the network and collaborating on tokenization, stablecoins and enterprise distribution, including links to Binance TH.
Third — three U.S. spot INJ ETF applications are filed.
21Shares, Canary Capital and REX-Osprey have submitted applications.
Filings are not approvals.
Issuance is being tightened.
Institutional validators and ETF paperwork are both active.
Click $INJ below and check the live price right now.
$INJ
.
.
.
#INJ #write2earn
Not financial advice. DYOR.
Most traders only watched the daily range.
Three confirmed developments stand out.
First — the Supply Squeeze vote passed.
Injective governance approved IIP-617 with 99.89% support.
The proposal reduces native token issuance while keeping the buyback-and-burn program that uses protocol revenue to permanently remove INJ from circulation.
About 6.85 million INJ has already been burned through that mechanism.
Second — Gulf Labs is live as a validator.
Gulf Labs, part of Thailand’s GULF Group, is securing the network and collaborating on tokenization, stablecoins and enterprise distribution, including links to Binance TH.
Third — three U.S. spot INJ ETF applications are filed.
21Shares, Canary Capital and REX-Osprey have submitted applications.
Filings are not approvals.
Issuance is being tightened.
Institutional validators and ETF paperwork are both active.
Click $INJ below and check the live price right now.
$INJ
.
.
.
#INJ #write2earn
Not financial advice. DYOR.