Injective Launches INJ Token on Solana Network

Layer-1 blockchain Injective (INJ) announced on X that it has officially launched the INJ token on the Solana (SOL) network on July 17. This marks a step in INJ's multi-chain assetization initiative. Concurrently, INJ built on Solana is now listed on Sunrise, a trading platform connected to Solana ecosystem decentralized exchange (DEX) Backpack (BP). Injective explained that Solana users can now directly trade and provide liquidity for INJ without cross-chain bridging.

CoinGecko data shows INJ is currently trading at $5.67, up 5.42%.