Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
Briefly

Injective's inEVM, compatible with EVM, connects Ethereum, Cosmos, and Solana using Arbitrum's Orbit toolkit for customizable interoperable chains.
The integration aims to enhance opportunities within Ethereum L2 while maintaining speed and low fees, impacting INJ tokenomics through burning mechanisms.
Injective's collaboration with Arbitrum emphasizes interoperability, bridging Ethereum, Cosmos, and other L1 blockchains to facilitate cross-chain assets.
Read at Coindesk
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