Injective launches INJ token on Solana

Layer-1 blockchain Injective announced via its official X account on Sept. 17 that it has launched the INJ token on the Solana network as part of its multichain asset expansion. At the same time, Solana-based INJ was listed on Sunrise, a trading platform connected to Backpack, a decentralized exchange in the Solana ecosystem. Injective said the move will allow Solana users to trade INJ directly and provide liquidity without crosschain bridging. According to CoinMarketCap, INJ was trading at $5.67, up 5.42%, at the time of writing.