Injective Launches EVM Testnet Boosting DeFi Capabilities

Generated by AI AgentCoin World
Thursday, Jul 3, 2025 3:04 pm ET1min read

Injective (INJ) has launched its first EVM dApps through the public testnet on July 2, 2025, marking a significant milestone in its blockchain ecosystem. This advancement highlights Injective's effort to integrate

assets seamlessly, promising to enhance Total Value Locked and attract developers to its platform.

The launch of the EVM public testnet by

marks a key milestone in its ecosystem. This new development aims to enhance DeFi capabilities by providing a unified platform for Ethereum-compatible applications. Injective, backed by major investors, seeks to embed the EVM into its core architecture, distinguishing itself from other Layer 1s that rely on bridging solutions.

The market showed a positive response, with INJ token prices rising notably. Engagement in the ecosystem surged, as evidenced by increased derivatives interest and anticipation for new decentralized applications. Historical trends suggest native EVM integrations boost network activity and trading volumes. The launch is expected to attract developers, increase transaction speeds, and lower fees, positioning Injective as a strong player in DeFi.

Comparisons to other Layer 1s show the advantage of a native EVM setup. Such integrations typically lead to growth in developer ecosystems and trading activity. Experts indicate that Injective's native EVM integration could result in increased Total Value Locked, given historical precedence. This move leverages Ethereum compatibility without the technical challenges of external bridges.

Injective, a prominent decentralized finance (DeFi) platform, has launched its Ethereum Virtual Machine (EVM) public testnet, marking a significant expansion of its capabilities. This development allows Injective to support a native EVM integrated directly into its Layer 1, enabling users to access a wide range of Ethereum-compatible applications. The launch of the EVM testnet is a strategic move by Injective to enhance its DeFi ecosystem, providing developers with the tools to build and deploy smart contracts seamlessly. This integration not only broadens the platform's appeal but also positions Injective as a competitive player in the DeFi space, offering a unified layer for finance that combines the speed and security of its Layer 1 with the versatility of Ethereum's smart contract functionality. The EVM testnet launch is expected to attract more developers and users to the Injective platform, fostering innovation and growth within the DeFi community.

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