Injective (INJ), a Cosmos-based Layer 1 blockchain, has improved the Injective Bridge’s compatibility with many networks by releasing its Ionic Upgrade. An improved user experience is promised with little to no additional costs with this update.
Users can now move core assets to designated addresses for greater flexibility and effortlessly switch between blockchains, such as Ethereum (ETH), Solana (SOL), and Cosmos (ATOM), thanks to the Ionic upgrade.
Recent innovations such as the inEVM Layer 2 rollup solution on the mainnet demonstrate Injective’s leadership position in interoperability. Ethereum developers may now quickly and affordably create Decentralized Applications (DApps) with the help of this solution.
The earlier Volan mainnet upgrade enabling Real-World Assets (RWAs) integration and increased Inter-Blockchain Communication (IBC) with other chains in the Cosmos ecosystem are examples of the protocol’s consistent evolution.
By utilizing Wormhole 2.0 and the IBC protocol to connect new assets, the Ionic Upgrade strengthens Injective’s position as the central hub of the financial ecosystem. In spite of the market’s volatility, this announcement has already caused the price of the INJ token to rise by 4.75% to $39.78.
Blockchain interoperability is being reshaped by Injective’s dedication to innovation, which is a big step in the direction of a more linked and accessible digital asset ecosystem.