Injective News Today: 8x Ethereum Revenue Claim, INJ Near $8.51 As of October 18, 2026, Injective news today covers two claims from the network itself: an earnings lead over major chains and
As of October 18, 2026, Injective news today covers two claims from the network itself: an earnings lead over major chains and a jump in tokenized trading.
Among crypto news today, few updates pair a valuation argument with fresh usage numbers.
Perthe network’s official X post, RWA perpetuals have crossed $1.1 billion in volume this year.
WSX (WallStreetXHQ) also covered this news inits tweet on X, relaying that earnings claim.
Injective news today rests on two posts from October 18, 2026:
00:14 UTC, official post: perpetual volume passed $1.1 billion year to date, with $230M+ over the past month.
03:06 UTC, WSX: the network says it leads major blockchains in 2026 earnings relative to FDV, and funds monthly buybacks.
Both figures are the network’s own claims, not third-party audits.
Injective revenue to FDV ratio reads 0.95 on its chart, against 0.83 for Solana. The Injective vs Solana revenue comparison also lists Arbitrum at 0.78. The Injective vs Ethereum revenue ratio 2026 gap is above 8x, with Ethereum at 0.11.
Chain
Ratio
INJ
0.95
Solana
0.83
Arbitrum
0.78
Ethereum
0.11
Fully diluted valuation (FDV) values all tokens at full supply, so injective revenue vs fully diluted valuation shows how much income backs the price.
The post gives no dollar figure for Injective protocol revenue, so the ratio works only as a relative yardstick.
The Injective RWA perpetuals $1.1 billion volume figure is the network’s own number. Real-world assets (RWA) trade through RWA perpetual futures, which give traders price exposure without holding the asset.
Metric
Figure
Year-to-date volume
$1.1B+
Past month
$230M+
Markets
Equities, FX, commodities, indices, pre-IPO
These RWA perps volume and RWA perps trading volume 2026 numbers span tokenized equities and commodities trading on Injective, plus onchain FX and commodities and indices and pre-IPO markets.
Pre-IPO perpetuals onchain follow private company valuations. Readers seeking tokenized stocks onchain should note that this onchain derivatives trading involves contracts, not shares.
WSX names no 2026 total. Perthe official buyback guide, an earlier burn auction removed 6.78 million tokens before the monthly rounds began.
The INJ monthly buyback and burn explained simply: holders commit tokens, those tokens are burned, and participants share ecosystem income.
This INJ buyback burn design is a token buyback and burn route to permanent supply reduction.
Data from CoinGecko, as of October 18, 2026, puts INJ price today live at $8.51, down 3.8% in 24 hours. Injective price today ranks #83, between a 24-hour low of $8.38 and a high of $8.94.
Metric
Value
INJ Price
$8.51 (-3.8%)
Market cap
$851.042M
FDV
$851.042M
24h volume
$123.935M
Perps open interest
$441.989M
INJ circulating supply
100M
Market cap equals FDV because the full 100M supply already circulates.
Analysts following crypto news may read this injective latest update as a case for usage-backed valuation, though a ratio is not a price forecast.
Injective news today could turn on whether the claims hold up, and INJ news today may center on the next buyback round.
Price impact remains uncertain.
Disclaimer: This article is for information only and is not financial, legal, or investment advice. Crypto assets are volatile, and you can lose money. Verify details with official sources before making any decision.
