Solana

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Injective

<h2 id="span-span-style-font-size-16px-korean-won-tokenization-leads-the-latest-network-recap-span-span">Korean Won Tokenization Leads the Latest Network Recap</h2>
This Injective weekly update covers the recap the project posted on Oct 25, 2026. It touches <a href="https://www.coingabbar.com/en/crypto-news-today-october-23-bitcoin-81k-eth-dacity-coin-price" rel="noopener noreferrer nofollow">crypto news</a> on a Korean won stablecoin, a token buyback, private swaps, and fresh network figures.
According to the project’s official X post dated Oct 25, 2026, the network now tokenizes the Korean won. It marks the first time for the currency. The same week also brought a buyback worth up to $251,000 and private swaps across 37 chains.
<h2 id="span-span-style-font-size-16px-krw1-brings-won-settlement-to-tokenized-assets-span-span">KRW1 Brings Won Settlement to Tokenized Assets</h2>
KRW1 comes from<a href="https://x.com/BDACSKorea" rel="noopener noreferrer nofollow">BDACS Korea</a>, according to the team. The team describes it as the first won-backed stablecoin in Korea. Reserves sit with a major Korean bank.
The Injective weekly update ties KRW1 to on-chain RWAs, short for real-world assets. These tokens represent items such as stocks or bonds. "On-chain" means the activity records on a public blockchain.
The team calls the won one of the world’s largest currencies. It says the new token will power a next-generation <a href="https://www.coingabbar.com/en/injective-news-pentiv-10b-real-estate-onchain-plan" rel="noopener noreferrer nofollow">RWA ecosystem on the chain</a>.
<img alt="Injective weekly update X post" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/7yVmDOYadLPkUKKpMHB690f1ujjkS5yCRBw9umqb.png" width="300" style="margin-bottom: 10px; margin-left: auto; margin-right: auto; margin-top: 10px" height="531">
Source: <a href="https://x.com/injective/status/2114325502924107996?s=20" rel="noopener noreferrer nofollow">Official X Post</a>
<h2 id="span-span-style-font-size-16px-community-buyback-targets-up-to-251-000-in-token-burns-span-span">Community Buyback Targets Up to $251,000 in Token Burns</h2>
The community buyback went live this week with up to $251,000 in INJ set for burning. Burning removes tokens from supply for good. The team adds that bonus on-chain stocks on Solana are coming for participants.
More than 7.2 million INJ has burned so far, per the post. Monthly network revenue flows into the buyback and funds those burns. Circulating supply stands at 100 million tokens, per CoinGecko data.
<h2 id="span-span-style-font-size-16px-solana-launch-tokens-and-nox-private-swaps-go-live-span-span">Solana Launch Tokens and Nox Private Swaps Go Live</h2>
<a href="https://www.coingabbar.com/en/injective-news-today-revenue-lead-rwa-perps-inj-price-move" rel="noopener noreferrer nofollow">Launch tokens on Solana</a>, paired with INJ, are now live through runupdotfun. Holders can earn INJ rewards by holding them. The second Stockdrop also starts this week, according to the post.
Private swaps now work in both directions through<a href="https://x.com/TryNoxApp" rel="noopener noreferrer nofollow">Nox Superswap</a> from TryNoxApp. The tool moves assets in or out across 37 chains through NEAR Confidential Intents. The Injective weekly update shows how the team keeps adding cross-chain tools.
<h2 id="span-span-style-font-size-16px-network-numbers-and-ecosystem-additions-listed-in-the-recap-span-span">Network Numbers and Ecosystem Additions Listed in the Recap</h2>
The Injective weekly update also shares activity figures, shown below with market data from CoinGecko on Oct 25, 2026.
<table>
 <colgroup>
 <col width="232">
 <col width="144">
 <col width="323">
 </colgroup>
 <tbody>
 <tr>
 <td>Metric</td>
 <td>Figure</td>
 <td>Context</td>
 </tr>
 <tr>
 <td>INJ burned to date.</td>
 <td>7.2 million+</td>
 <td>Funded by monthly buyback</td>
 </tr>
 <tr>
 <td>USDC supply</td>
 <td>$16.5M</td>
 <td>Up 43% in one month</td>
 </tr>
 <tr>
 <td>Expected stablecoin inflow</td>
 <td>$100M+</td>
 <td>Tied to a canonical standard for 20+ chains</td>
 </tr>
 <tr>
 <td>Native DEX volume, 7 days</td>
 <td>$405M</td>
 <td>Cumulative volume at $84.3B</td>
 </tr>
 <tr>
 <td><a href="https://www.coingabbar.com/en/injective-price-prediction-after-ceo-sec-cftc-meeting" rel="noopener noreferrer nofollow">INJ price</a></td>
 <td>$7.61</td>
 <td>Down 1.4% in 24 hours</td>
 </tr>
 <tr>
 <td>Market cap</td>
 <td>$759.765M</td>
 <td>Ranked #86</td>
 </tr>
 </tbody>
</table>
CoinGecko also shows 24-hour trading volume of $75.041M. Perpetual futures open interest sits at $350.087M, and perpetual futures are contracts with no expiry date.
<img alt="Injective Price Chart" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/3bOEDurF6RFuET07YVbR6rrZrIwykfimXkqUqjXV.png" width="300" style="margin-bottom: 10px; margin-left: auto; margin-right: auto; margin-top: 10px" height="696">
Source: <a href="https://www.coingecko.com/en/coins/injective" rel="noopener noreferrer nofollow">CoinGecko Chart</a>
DEX stands for decentralized exchange, a trading venue run by smart contracts. The recap also lists these ecosystem items:
<ul>
 <li>COO Mirza told a US business network that 24/7 access can bring tokenized stocks onshore.</li>
 <li>FinchTechAI, an AI marketplace with 35,000+ users, is building on the network.</li>
 <li>The Trench Treasury sent NINJACAT rewards from StonkFun to core contributors.</li>
 <li>The team says on-chain revenue growth is accelerating, ahead of many major chains, including DFINITY and Sui.</li>
</ul>
<h2 id="span-span-style-font-size-16px-expert-opinion-reading-the-week-through-its-data-span-span">Expert Opinion: Reading the Week Through Its Data</h2>
The Injective weekly update pairs product launches with figures that readers can check. KRW1 may widen local currency use, yet the recap gives no adoption data. <a href="https://www.coingabbar.com/en/injective-news-inj-whitepaper-gasless-usdc-bridge" rel="noopener noreferrer nofollow">The USDC supply</a> of $16.5M is small next to the $100M the team expects to arrive.
A $251,000 buyback equals about 0.03% of the $759.765M market cap, so its direct supply effect looks small. The post links burns to monthly revenue, which makes trends easier to track. The token moved within a $7.43 to $7.77 range over 24 hours.
<h2 id="span-span-style-font-size-16px-conclusion-what-to-watch-after-krw1-span-span">Conclusion: What to Watch After KRW1</h2>
The second Stockdrop starts this week, and the team hints at new releases for the token. Readers can follow each Injective weekly update to see whether KRW1 usage <a href="https://www.coingabbar.com/en/crypto-dictionary/coin-token-burning" rel="noopener noreferrer nofollow">and burns</a> keep growing.
YMYL Disclaimer:This article is for educational and informational purposes only. It is not financial advice, a price prediction, or a guarantee of returns. Crypto assets carry risk, so readers should do their own research.

Injective Weekly Update: Korean Won Stablecoin KRW1 and INJ Buyback

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