Welcome back to the Injective Overview. In this edition, we explore Microsoft and Web3Labs new developer program, mainnet upgrades and Alchemy’s integration for deeper developer tooling.
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Injective By The Numbers
$INJ price: $3.68 (+11.52%)
Token market cap: $369M (+11.85%)
Total $INJ staked: 57.4M (-1.54%)
Staking APR: 6.26% (+1.79%)
Injective daily trading volume: $15.7M (+10.56%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Injecting The Biggest Developments
🥷 What’s happening: Injective is launching an incubation program, dubbed Injective Nova Program, in partnership with Microsoft and Web3Labs.
The venture, unveiled at the Hong Kong Web3 Festival last month, targets developers at universities across the Asia -Pacific region.
🥷 Why it matters: The partnership gives Injective a channel through which it can tap the growing pool of developer talent in Asia, and help them build projects targeting onchain finance on the blockchain.
As part of the partnership, Injective is providing grants and technical support, Microsoft is offering Azure credits and infrastructure, and Web3Labs is facilitating developer access via its community.
The program aims to foster new talent and help incubate and grow projects by providing infrastructure, funding, technical support and mentorship.
🥷 The bigger picture: Enterprise and institutional adoption of blockchain technology across APAC has accelerated, with regional regulators establishing licensing frameworks for exchanges, stablecoins, and tokenized assets.
More specifically: The Hong Kong Monetary Authority (HKMA) has granted stablecoin issuer licences under the Stablecoins Ordinance to Anchorpoint Financial and HSBC; Singapore’s Monetary Authority has finalized a framework for single-currency stablecoins issued in the country; South Korea’s Digital Asset Basic Act, proposed in April 2026, seeks to implement licensing, registration and reporting rules for stablecoin issuers; and amendments to Japan’s Payment Services Act aim to regulate fiat-pegged stablecoins as electronic payment instruments.
The program will serve to improve Injective’s visibility in Asia Pacific, particularly among the younger university developer demographic as onchain finance takes off.
Expanding The Financial Ecosystem
Updates on the latest network of dApps, validators, builders and more helping Injective expand its financial use cases.
Injective has upgraded its network to enable an auto-deleveraging system that manages positions and applies minimum order size rules to synthetic pairs.
Injective has released an AI platform to let users create agents that can make trades on their behalf. The platform automatically links onchain identity and routes fees back to the agents’ creators
Alchemy is adding its developer toolkit, including RPC endpoints, developer APIs, indexing tools, and node infrastructure, to Injective
Explore Injective’s institutional overview here
From The Injective Ninjas 🥷
Highlighting the builders, communities and ecosystem players within the Injective blockchain.
Quack AI is launching its gasless payment infrastructure, Q402, on Injective, aimed at facilitating automated payments and AI-driven agents
Injective has created a guide on how AI agents registered on its blockchains can earn protocol fees by following automated trading strategies
Ninja Labs is promoting the Injective developer ecosystem in Singapore via a collaboration with moledao
Hydro Protocol has launched yINJ, a yield-bearing liquid staking token that auto-compounds yield based on exchange rate
Neptune Finance listed stATOM as collateral on its DEX so users can trade perpetual futures for ATOM and loop stake it
Dive Deeper Into Injective
Want to get involved in the ecosystem?
Sign up for the Injective Summit, scheduled for July 16 in Washington D.C.
Injective is hosting an event during Consensus Miami on May 5
Explore Injective’s institutional overview here
Until next time!
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.