CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Injective’s EVM Testnet Adds MultiVM Token Standard Support

July 5, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
Synesis One Expands to Injective: Boosting Decentralized AI
0
SHARES
7
VIEWS
ShareShareShareShareShare
  • Injective’s EVM Testnet now supports unified MultiVM Token Standard for seamless cross-VM token usage without bridging.
  • Developers can use familiar EVM tools while accessing Cosmos-native modules through Injective’s powerful precompile architecture.

Recently, Injective has officially launched the EVM Testnet, and now has a flagship feature called the MultiVM Token Standard (MTS). In essence, developers can now use one INJ token that is valid across virtual machines—both EVM and Cosmos—without having to bother with bridges or wrapping. Just click deploy, and the token can be used directly in two different environments.

🚨 BREAKING: The Injective EVM Testnet just got a major upgrade

You can now access the MultiVM Token Standard (MTS). One canonical $INJ token across multiple VMs, deployed with a single click

Blazing fast. Seamless. Truly interoperable.

Injective never stops.

— Injective 🥷 (@injective) July 4, 2025

Deep Integration Across VMs Without Compromising Speed

But MTS is not just about efficiency. This mechanism stands on a precompile bank and ERC-20 module that is directly connected to the Cosmos bank module. This means that the token balance remains the same, regardless of the VM.

Behind the scenes, all transfers, burns, and mints are done via the precompile address (0x64), which is directly connected to Injective’s native architecture. So, although it seems simple, this system has a deep technical foundation.

Interestingly, its execution speed is not sacrificed for flexibility. This testnet is capable of processing around 800 light transactions per second, and 320 heavy transactions with a gas limit of 50 million per block. In addition, the EVM engine used is the latest version of Geth, making it directly compatible with popular developer tools such as MetaMask, Hardhat, Foundry, and even Remix.

However, Injective does not stop there. They also embed a series of additional precompiles that allow Solidity contracts to directly interact with Injective’s signature features such as staking, governance, and order books. For developers who want to build complex DeFi, this is a kind of shortcut without having to build everything from scratch.

Injective Pushes Forward with Stability, XRP Access, and Community Support

On the other hand, the stability of the network is also commendable. Last May, as we have highlighted, Injective managed to surpass two billion on-chain transactions without stopping or fatal errors. Blocks are completed in an average time of 0.6 seconds, and network throughput can reach more than 25,000 transactions per second (TPS).

With this kind of performance, Injective is indeed increasingly worthy of being considered as an alternative for developers who are tired of the limitations of traditional networks.

Furthermore, CNF recently reported that Injective has also integrated XRPL EVM into its infrastructure. This opens the door for XRP to be used directly in both Cosmos and EVM-based DeFi ecosystems. Developers can now build cross-chain DeFi applications that leverage XRP without having to leave the Injective environment.

Aside from the technical side, the community aspect is not forgotten. Zellic—known as a security audit provider—has been highlighted in Injective’s Validator Spotlight series.

Not only have they contributed to strengthening the security and governance of the network, but they are also offering 0% commission to new delegators in a rebate campaign that runs until the end of July. This is not just a strategy, it is also a commitment to the sustainability of the network.

Amid all of these developments, the price of the INJ token has been moving up. At the time of writing, the token is sitting at around $10.82—up around 3.79% in the last 7 days, although it has now corrected slightly in the last 24 hours. For many, this may not seem like much, but it is enough to indicate an enthusiastic market response to Injective’s new direction.


Credit: Source link

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Bitcoin Price Watch: Calm Before the Storm—Could Bitcoin Shatter the $111K Ceiling This Week?

Next Post

‘Small Possibility’ $8.6B Bitcoin Transfer Was a Hack — Says Coinbase Executive

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
Bitcoin Whale Supply Hits 6-Year Lows—Will BTC Rally or Retreat?

'Small Possibility' $8.6B Bitcoin Transfer Was a Hack — Says Coinbase Executive

How Bitcoin Trends Shape the Entire Crypto Market

How Bitcoin Trends Shape the Entire Crypto Market

Recommended Stories

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026
SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

April 11, 2026
Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026

Popular Stories

  • SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

    SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

    0 shares
    Share 0 Tweet 0
  • Trump Eyes Bitcoin to Tackle $35T National Debt – Check These 3 Altcoins to Make Big Profits and Pay Off Own Debts up The End-Year

    0 shares
    Share 0 Tweet 0
  • Here Are the Top Five Altcoin Projects in Highly Undervalued World of Virtual Real Estate, According to Coin Bureau

    0 shares
    Share 0 Tweet 0
  • Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters – Bitcoin News

    0 shares
    Share 0 Tweet 0
  • ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.