The current competition among public chains is a bloody red ocean, with various factions advocating for the 'universal application chain.' However, Injective has chosen a completely different path: instead of becoming a 'core weapon' that tries to cover everything, it focuses on refining a 'scalpel' for the financial sector. I believe this extreme 'subtraction' thinking is key to breaking through and aiming for a market value of hundreds of billions.
Viewpoint 1: Verticalization is an inevitable stage in the evolution of public chains, and finance is the crown jewel.
The history of the Internet tells us that the evolution from portal websites (universal) to vertical e-commerce (focused) is an inevitable improvement in efficiency. The same is true for blockchain. Ethereum is a great world computer, but the specific requirements of financial applications regarding latency, cost, and compliance have created a demand for 'application chains.' Among many vertical tracks, finance is the field with the highest value density, most rigid demand, and strongest network effects. InjectiveAll in finance will allocate all resources to optimize core financial modules such as order books, derivatives, and settlements, creating an unfathomable technical moat in its niche. This is akin to how it's difficult to beat Intel in general computing, but NVIDIA can reign supreme in the GPU space.
Viewpoint 2: The gene of 'born for finance' addresses the real pain points of users.
Many public chains boast high TPS, but what users perceive the most is often the Gas fee. Injective's innovative zero Gas fee model (for users) directly addresses one of the biggest obstacles to large-scale adoption of DeFi - friction costs. At the same time, its native order book meets the demanding needs of professional traders for liquidity and order types. This product design, which is backward driven by user experience, has established a good reputation among true financial users (rather than just speculators). While other chains are still educating users on how to use wallets, Injective has already provided a seamless migration experience for traditional traders.
Viewpoint 3: The high alignment of economic models and ecological goals constructs the strongest flywheel.
The token economics and ecological development of many public chains are disconnected. The design of $INJ perfectly embeds into the ecological growth flywheel: ecological prosperity → fee growth → INJ destruction acceleration → enhanced deflationary expectations → attracting more holders and builders → more prosperous ecosystem. The core driving force of this flywheel is real financial activities, rather than inflationary staking rewards. It forces the community and developers to work together to enlarge the 'cake' (ecological value) in order to share the growth dividends, forming a strong community of interests.
Rebuttal and Outlook:
Some question whether focusing on finance will make the ecosystem too singular. In fact, modern finance itself is an all-encompassing universe, covering trading, lending, asset management, insurance, derivatives, RWA, and more. Injective's verticalization is deeply cultivating this vast land of finance, and its imaginative space has yet to reach the ceiling. With the launch of modules like RWA, the scale of traditional financial assets it connects will be several times that of the native cryptocurrency market.
Conclusion: The philosophy of Injective's success lies in 'less is more.' It abandons broad and vague competition, establishing an inimitable technological advantage, user experience, and economic model through extreme focus in the core track of finance. In the next stage of the public chain war, I believe the value of 'super vertical application chains' will be re-evaluated, and as the absolute leader of financial vertical chains, Injective has a clear logic and solid path to impact a market value of 100 billion. It is not fighting in a red ocean but sailing in a blue ocean of its own making.
