On July 2, 2025, Injective launched its first EVM public testnet, marking a significant milestone in its blockchain ecosystem.
Injective's Strategic EVM Integration
The launch of the EVM public testnet by Injective marks a key milestone in its ecosystem, aiming to enhance DeFi capabilities by providing a unified platform for Ethereum-compatible applications.
Positive Market Reaction to EVM Testnet Launch
The market reacted positively, with notable increases in INJ token prices and heightened engagement in the ecosystem, as reflected in growing interest in derivatives and anticipation for new decentralized applications.
Native EVM Setup Gives Injective Competitive Edge
Comparisons to other Layer 1s like Avalanche highlight the advantages of a native EVM setup, which typically leads to growth in developer ecosystems and trading activity.
The launch of the public EVM testnet positions Injective to explore new avenues in DeFi while attracting more developers and increasing Total Value Locked.