Injective burns over 7.2 million INJ through its buyback and revenue flywheel

Injective burned over 7.2 million INJ through its buyback and revenue flywheel, enhancing token scarcity and potentially boosting INJ's value. The burn positions Injective as a high-revenue Layer-1 network, with the deflationary mechanism rewarding holders. This move underscores the network's commitment to reducing supply and increasing long-term value.