Injective Tests EVM Compatibility for Smart Contracts: Is INJ The Top Crypto asset to Purchase Right Now?

Injective Network evaluates EVM compatibility to enable Ethereum smart contracts to operate natively. Following SBET and stock tokenization, is INJ crypto poised for a 130% surge?

Crypto asset prices remain stable, experiencing little movement over the weekend but reviving strongly, finishing above $4 trillion. Bitcoin’s dominance has dipped below 60%, yet ETH is trending and is now recognized as one of the top cryptos to buy. With hundreds of millions invested into the second-most valuable crypto token, the non-BTC crypto season is on the horizon.

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Is INJ Crypto Set for a 130% Jump?

As we anticipate a surge in non-BTC crypto values, Injective has been in the spotlight recently. This wave of bullish announcement coincides with stable INJ (No data) prices.

On July 28, INJ remains steady, nearly 20% up from Friday, July 25. Over the weekend, prices increased, recovering losses from the previous week, putting bulls in a solid position to breach $16 in a bullish upward movement pattern.

If purchasers succeed in completely reversing the losses from July 23, it could create a robust base for INJ to rebound to December 2024 highs of around $35. Should this occur, INJ crypto would feature among the next 1000X cryptos worth considering.

From current figures, this would indicate an increase of approximately 130%, a significant boost for INJ, whose developers are actively enhancing the platform’s capabilities.

From a technical standpoint, the token has been trading sideways following the rise from April 2025 lows. A close above $17 this week may provide the necessary momentum for buyers to advance, achieving higher peaks and potentially reversing H1 2025 losses. In such a scenario, INJ could climb to $35, capitalizing on the Decentralized finance wave, a sector that Injective Network aims to address.

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Introduction of EVM Environment in Testnet

Last week, Injective developers revealed a significant milestone in their efforts to build a high-performance product that is also compatible with the first smart contracts protocol.

In an announcement, they stated that they had successfully implemented an EVM environment on Injective that, upon deployment on the live platform, will permit Ethereum-compatible smart contracts to operate natively on its infrastructure.

🚨BREAKING NEWS: The Injective EVM mainnet has been successfully achieved internally.

— Injective 🥷 (@injective) July 27, 2025

This rollout signifies that Injective will remove the necessity for cross-chain bridges or rollups, allowing DeFi protocols aiming to function on Ethereum to simultaneously operate on Injective, benefiting from its low costs and high scalability.

During tests, the EVM environment that Injective developers intend to implement achieved 320–800 TPS in a simulated live platform environment. However, it has the capability to handle up to 12,500 transactions per second, making it up to 4X quicker than alternative EVM-based solutions.

This testing and anticipated mainnet launch will complement the Injective Multi-Virtual Machine Token Standard (MTS), which minimizes redundancy and improves composability.

Injective at the Forefront of RWA Tokenization

Beyond development, Injective Platform unveiled the SBET stock on the live protocol after introducing the first on-chain Digital Asset Treasury (DAT) last week.

🚨 Injective has launched the first ever onchain Digital Asset Treasury (DAT).$SBET, the largest DAT for $ETH is live onchain, giving Injective users 24/7 access with leverage to one of the hottest financial products yet.

The future of global markets starts on $INJ pic.twitter.com/OXW6PuLkjd

— Injective 🥷 (@injective) July 24, 2025

Through the DAT, Injective Network has tokenized the SBET stock, through which SharpLink, a public entity, emulates MicroStrategy’s approach by launching an ETH treasury.

The tokenization of the SBET stock turns SharpLink’s static ETH assets into 24/7 tradable assets that can also generate yield and function as collateral in Decentralized finance protocols supported by Injective Protocol’s iAssets.

On Injective, Bondi Finance has also rolled out tokenized bonds as the DeFi-focused network progressively transitions toward the tokenization of real-world assets.

On Bondi Finance, users have the opportunity to mint bond tokens during the funding phase prior to trading them on secondary markets. This initiative enhances the accessibility of corporate bonds to retail and institutional investors.

Tokenized corporate bonds can be integrated into Decentralized finance platforms or employed in derivatives, enhancing their utility and increasing liquidity.

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The article Injective Tests EVM Compatibility for Smart Contracts: Is INJ The Best Crypto To Buy Now? first appeared on 99Bitcoins.