Injective Puts All Bets On Expansion: Launches on Solana and Robinhood Simultaneously
Injective has taken an unconventional approach to growing its user base by launching on two major platforms simultaneously. The derivatives-focused chain became a native SPL token on Solana on September 17, 2026, allowing it to trade directly on popular venues like Raydium and Phantom without the need for a bridge.
This move is particularly noteworthy as Injective has traditionally focused on building its own ecosystem rather than chasing existing liquidity. However, by leveraging the Sunrise token gateway built by Wormhole Labs, Injective has been able to tap into the existing market on Solana.
But that's not all - Injective also launched on Robinhood Crypto in July 2026, giving it access to a massive retail audience with no prior crypto experience. This move seems to have paid off, as INJ has roughly tripled in value since its listing price of around $4.76.
The rapid expansion of Injective's distribution channels is also worth noting. In addition to the Robinhood and Solana launches, two competing staked-ETF filings were made within days of each other, with 21Shares and Canary Capital seeking to bring regulated products featuring INJ to the market.