Injective Launches Native EVM Support to Enhance dApp Interoperability
Injective has launched native Ethereum Virtual Machine (EVM) support on its Layer 1 blockchain.
- The EVM is fully embedded within Injective's core infrastructure, enhancing interoperability with no reliance on third-party bridges.
- Utilizes the latest version of Geth for compatibility with Ethereum tools and standards.
- Conducted testing showed an 8x faster theoretical maximum transactions per second (TPS) compared to other blockchains.
- Under simulated mainnet conditions, it outperformed top EVM networks by over 400%. Current handling is at 1,000,000 lightweight EVM transactions at around 800 TPS.
- Supports on-chain AI inference models, enabling advanced applications in finance and data indexing.
Recent advancements include:
- Completion of the Avalon Mainnet upgrade for improved interoperability, including integration with Polygon.
- Surpassing one billion transactions processed in October 2024, showcasing scalability and adoption.
- Launch of INJ 2.0 tokenomics for enhanced utility and a deflationary model through participation in burn auctions.
- Introduction of Helix Institutional trading portal aimed at attracting institutional capital.
These developments confirm Injective's focus on innovation, scalability, and interoperability in the blockchain space.