Injective remains one of the more active finance oriented chains in the market. The network records more than two billion six hundred ninety million total transactions which points to heavy historical usage and continuous activity across many applications. This lifetime transaction count shows sustained developer and user engagement over time.
Daily throughput also tells a similar story. Recent snapshots show roughly two million one hundred forty three thousand transactions in the last 24 hours and more than sixty four million transactions over the last 30 days. These figures reflect a network that handles real traffic and supports many on chain operations day after day.
Performance metrics further reinforce the chain’s capability. The network sustains an average of about twenty transactions per second and average block times near seven tenths of a second. This level of throughput and responsiveness matters for financial applications where execution speed and predictability reduce slippage and failed orders.
Wallet growth remains healthy. More than one million six hundred thousand distinct wallets have interacted with Injective. That user base indicates broad distribution and repeated usage from many accounts. The breadth of active addresses helps the network keep liquidity and usage diverse rather than concentrated in a tiny group.
The token economics also reflect on chain commitment. The circulating supply stands around one hundred million INJ with roughly fifty six million INJ staked. High staking participation shows that a large portion of holders lock tokens to support network security and governance. The staked amount equals meaningful protocol level commitment and suggests many holders view the network as a long term place to participate.
Financial snapshots place the token price near six dollars and market capitalization near six hundred twenty six million USD. On chain asset value and total asset listings measure in the low six hundreds of millions which aligns with observed market interest and platform utility. Injective has also recorded more than six million seven hundred sixty thousand INJ burned which reduces supply pressure and supports longer term economic alignment.
Developer activity appears robust. Explorer snapshots show over seventeen thousand smart contracts and a large set of deployed assets. The total asset value and on chain asset count highlight that teams build varied products on the chain including exchanges, structured finance applications and automated trading systems. These composition metrics help explain why transaction volumes remain elevated and why the network can sustain complex finance use cases.
Staking yields and governance participation are visible through the staking APR near twelve and a half percent and steady validator engagement. These incentives encourage holders to remain in the protocol while the validator set keeps block production stable and efficient.
There are risks to consider. Competition for financial builders is intense and other chains emphasize modular approaches or new scaling tech that could lure projects away. Liquidity fragmentation across multiple networks can also weaken individual pools and make deep order execution harder for some dApps. Finally macro market swings affect trading volumes which directly influence revenue and token sentiment.
Overall, Injective shows clear signs of an active, functioning finance chain. High lifetime transactions and sustained daily throughput demonstrate continued usage. Strong staking levels and a wide user base support security and participation. If Injective keeps expanding integrations, deepening liquidity, and supporting builders with high quality tools the chain can preserve and possibly strengthen its role as a hub for on chain financial engineering.
