Injective has launched a native Ethereum Virtual Machine (EVM) layer, enhancing its blockchain's appeal by offering Ethereum compatibility with high-speed infrastructure. This upgrade enables developers to create Ethereum-style applications directly on Injective, eliminating the need for additional layers or bridges, and promises faster, cheaper transactions.
The EVM launch has already brought over 40 decentralized applications (dApps) and infrastructure providers online, signaling a significant advancement for onchain finance. Users can now experience block times as short as 0.64 seconds and transaction fees as low as $0.00008, marking a new era of efficiency and cost-effectiveness in decentralized finance.
Injective Unveils Native EVM for Enhanced DeFi Experience
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