2023 in Injective - Evgen_by | Injective

From revolutionary technological milestones to a rapidly growing ecosystem and vibrant ninja community, 2023 is a year that will forever be a part of Injective's never-ending epic.

Milestones of 2023 There were many significant accomplishments within Injective, its ecosystem, and the greater community.

2023 saw the launch of both inEVM and inSVM deployment environments for Injective, which redefined the entire industry forever. Injective is now the only chain to support WASM, EVM and SVM development environments. The launch of the multi-tenant development environment demonstrated Injective's dedication to expanding the capabilities of its network while increasing compatibility with Ethereum, Cosmos, and Solana.

These advances have played a key role in bringing different blockchain environments together on the same blockchain, allowing developers to deploy their smart contracts on Injective, greatly increasing the potential for a wide range of financial applications. As a result, Injective has attracted a diverse group of developers and users, solidifying its position as a leader in blockchain innovation.

Among the exciting news, Google Cloud has recognized Injective's amazing momentum and has enabled the integration of Injective's blockchain data through Injective Nexus. This provides unique access to specialized datasets on the network for both developers and enterprises, including critical data for building various applications such as DeFi platforms, artificial intelligence models and advanced trading strategies.

Google Cloud BigQuery datasets are typically limited to leading blockchains such as Bitcoin and Ethereum. Injective is now part of this elite group, offering advanced data utilization and application development capabilities on the fastest L1 built for finance.

The Injective ecosystem has had an extremely successful year for all dApps. Injective experienced growth in all areas of Web3 Finance including DeFi, NFT Fi, RWAs, Game Fi and more. Some of the highlights include Helix, Mito, and Talis Protocol. Helix introduced innovative Pre-Launch Futures, focusing on tokens not yet listed on public exchanges, democratizing access to assets before their official launch. Mito was officially introduced and launched on Injective's testnet. Its automated vaults and Launchpad product became available to users on the whitelist, with the launch of Launchpad voting in the last week of the year. Finally, Talis Protocol, the leading NFT marketplace on Injective, reached a milestone by launching on the mainnet, creating over 265,000 NFTs and becoming the leader among NFT protocols in the crypto space.

Institutional and corporate acceptance of Injective continued to grow. For example, Injective became one of the few chains to support tokenized Ondo treasury accounts, allowing qualified users to access traditional yield opportunities digitally. Collaborations such as Helix Institutional have further strengthened overall liquidity in the Injective ecosystem, reinforcing its relevance in both traditional and blockchain-based financial environments.

With the new advancements, the total number of users and active wallets on Injective has noticeably increased. Active wallet addresses have soared from 14,000 to over 290,000. Additionally, the total number of transactions has grown to over 390 million, a notable jump from the 140 million recorded at the end of 2022. Over 47 million INJ tokens have now been frozen, cementing Injective's position as one of the largest L1 networks ever created.

These achievements not only demonstrate Injective's significant growth numerically, but also highlight the deepening trust and engagement in the community. With the launch of the Ninja Ambassador program, the community is more engaged than ever, with over 200,000 ninjas joining Injective's mission to change the financial industry.

Looking to the Future As Injective enters 2024, it's important to look back at the remarkable journey and accomplishments of the past year. Not only is progress a testament to how far Injective has come, but it also serves as a milestone marking the tremendous opportunities that lie ahead. Thanks go out to everyone who has been part of the Injective ecosystem during this period of significant growth.

As we stand on the threshold of 2024, get ready for an even more exciting journey ahead. Injective is just beginning its journey, and the year ahead promises to take the entire ecosystem to new heights of growth and adoption in Web3 finance.

Injective 2023 Milestones

While the following highlights don't encompass all of Injective's great work, they represent some of the key accomplishments the Injective community has achieved in 2023.

About Injective Injective is a lightning-fast interoperable blockchain platform optimized for building leading Web3 financial applications. Injective provides developers with powerful plug-and-play modules to build unrivaled decentralized applications. INJ is the back-end asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and backed by major investors such as Jump Crypto, Pantera and Mark Cuban.