Injective now leads all major blockchains by revenue to fully diluted market cap.
โ Ahead of Solana
โ Over 20% ahead of Arbitrum
โ Over 8x Ethereum
โ Over 10x Sui and Avalanche
Revenue / FDV is one of the clearest measures of whether a networkโs valuation is backed by real usage.
On Injective, that onchain revenue flows into the INJ Community BuyBack, permanently removing $INJ from supply every month. This revenue is set to accelerate as Injective onboards new tokenization initiatives and launches brand new products in the coming months.