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Injective launches native EVM mainnet to enhance on-chain finance

Crypto Briefing
Injective launched its native EVM mainnet, enabling developers to build on both WebAssembly and EVM with unified assets.

Summary

Injective has launched its native EVM mainnet, integrating Ethereum Virtual Machine (EVM) capabilities into its blockchain to advance on-chain finance. This upgrade creates a MultiVM environment, allowing developers to build applications using both WebAssembly (WASM) and EVM, benefiting from shared liquidity and unified assets without modification. The new mainnet boasts 0.64-second block times and ultra-low transaction fees, supporting high-performance financial operations. Developers can utilize familiar Ethereum tools like Hardhat and Foundry, while leveraging Injective’s financial modules. Over 40 dApps and infrastructure partners are launching alongside the upgrade, focusing on use cases like lending, tokenized assets, and derivatives. The project is supported by entities including Google Cloud, Binance’s YZI Labs, Jump Crypto, Pantera Capital, and Mark Cuban.

(Source:Crypto Briefing)