₿itRagnar

The price of AI compute is now a market on Injective. We launched the Super Intelligence Compute Index ($SICI) on Monday, and one day later we unveiled Injective Options so anyone can hedge that same cost. Then we opened applications for our first Hacker House with AWS, SMBC Nikko, and more. Below are the biggest developments from a packed week on Injective ⤵️ 🟪 Trade the cost of AI compute with $SICI, a diversified index of NVIDIA GPU rental prices now live as perpetuals with up to 10x leverage. 🟪 Injective Options is live on testnet with fully collateralized calls with initial markets being indicies and commodities. Developers can use it to launch white label options protocols and markets. 🟪 Applications are open for our first Hacker House, where 20 teams will build RWA, privacy, and agentic apps in Bangkok from December 1 to 10 with partners including @awscloud, Animoca Brands, Japanese banking giant SMBC Nikko, $TAO, and Gulf Labs, and the deadline is November 10. xitter.gq/injective/status/21154… 🟪 The Community BuyBack is complete with close to 7.3 million $INJ burned to date, and the first Injective Stockdrop is live so participants can claim tokenized stocks on @Solana, from Nvidia to Tesla. 🟪 The Injective Trench Treasury acquired 5% of the $RUNNER supply from @runupdotfun, the launchpad that brought more than 30,000 unique users to Injective and lets anyone on Solana launch tokens paired with $INJ. 📊 Key Stats 🟪 Builders shipped 2.3K code commits to Injective over the last 30 days, ranking #3 among L1s. 🌐 Ecosystem News 🟪 Staked Looped INJ (sLINJ) is live on @ChoiceXchange, issued by @MidasRWA, giving leveraged $INJ staking exposure in a single token with a target APY of ~12% on Injective EVM. 🟪 Get paid privately with Pay Links from @TryNoxApp, which let anyone send any coin from any chain to your Injective wallet as $INJ or USDC with no onchain transfer linking you to the sender. 🟪 12.7M USDC has migrated to Injective, according to the Q3 recap from @cosmoshub. 🟪 Injective exchange dApps saw $417M traded over the past 7 days, pushing cumulative volume to $84.6B. Compute got a price this week and away to hedge it a day later. Hacker House applications close November 10, so start building and apply today!

The U.S. Secret Service continues to investigate the theft of more than $6 billion in cryptocurrency from Binance Global. Within minutes of the incident on Thursday afternoon, Secret Service investigators worked with industry partners to identify and freeze a significant portion of stolen cryptocurrency. That work continues with the @FBI, @IRS_CI, the @USAO_DC and the U.S. Attorney’s Office for the Central District of California, DOJ CCIPS, and @DOJNatSec. A list of addresses that are holding or have held assets from the theft can be found here: fbi.gov/investigate/cyber/al…

Google is building Bitcoin custody infrastructure for banks. Think about how insanely bullish this is from an economic incentive standpoint. Google Cloud is developing technology that allows financial institutions to securely custody and transact in Bitcoin and other digital assets. The product is already in private preview, with commercial availability targeted for 2027. So basically this means one of the largest technology companies on Earth has decided that institutional digital asset custody represents a commercial opportunity worth dedicating engineering resources, security research, and product development toward. Google sees an opportunity to make money providing the infrastructure that banks will need to participate in the Bitcoin economy. Better infrastructure, in turn, lowers the barriers to adoption. Another self-reinforcing economic feedback loop where Bitcoin adoption incentivizes infrastructure investment, and infrastructure investment makes further adoption more attractive. Google wants to make money helping banks integrate Bitcoin into their businesses. Banks want to make money serving customers who own Bitcoin. The profit motive is aligning some of the most powerful companies in the world around building out Bitcoin's financial infrastructure. Bitcoin has reached the point where companies can pursue their own commercial interests by making the Bitcoin economy more accessible. This is an extraordinarily bullish development.

$BTC bottomed on top of the 200w MA, just like it has done many times before. The only time Bitcoin bottomed below that MA, the bull market that followed was rather muted. Time for BTC to get back to its old ways?

Over 7.2 million $INJ has been burned to date 🔥 Every month, Injective revenue flows into the Community BuyBack. INJ is burned and users earn a share of revenue & onchain stocks. More usage → More revenue → More INJ burned → More rewards. This is the INJ Revenue Flywheel.

🔥BREAKING: The Korean won is being tokenized on Injective. Injective is bringing one of the world’s largest currencies onchain for our rapidly growing RWA ecosystem. @BDACSKorea is issuing KRW1, Korea’s first won backed stablecoin, with reserves held at a major Korean bank.

“.. At the moment, we have more compute capacity than we have demand, and we have a lot of the tokens and processing power being given away in freemium solutions,” he told @CNBC. “Everyone in the AI race is running for a last-man standing position.” cnbc.com/2026/10/19/gartner-…

Injective's onchain revenue growth is accelerating, putting it ahead of many major blockchains in the space. All of this revenue is used to buy back and burn $INJ every month. With RWAs scaling and new Injective product launches on the way, this revenue is only set to rise.

$35 Billion+ all-time volume for NEAR Intents. Intentional as ever.

I have this eerie feeling that $USELESS is about to start racing past ATHs leaving everything else in the dust I’m ready.

I've spent the past few weeks on the road meeting with investors. Great conversations. A lot of the same questions. Here are my top 10 takeaways.

as someone whose public memecoin trades did: - $16k to $20m+ on $BONK - $6k to $1m+ on $WIF - ~$300k to $8m+ on $FARTCOIN - low 6 figures to $1m+ each on both $PNUT and solana:7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr - low 5/6 figures to $5m to $10m+ across $MAGA, $DOGEGOV, and the Roaring Kitty meta all publicly documented last cycle all while being clowned by an army of people telling me i would fail over and over again and over and over again, being proven right i'm going on record again: i believe solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk will be THE main memecoin play of this cycle the next multi-billion-dollar $DOGE / ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce type runner and here's the part people should pay attention to: my conviction in solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk is stronger than it ever was in any of the runners listed above this is my signature memecoin trade for this cycle the one i'm most willing to put my name and reputation behind one day, people will look back at this period and wonder how solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk was sitting right in front of them just like they did with the winners from last cycle i've heard the doubters before i know exactly how this movie goes and i can't wait to be publicly proven right again you can follow my solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk trade and watch it play out in real time on FOMO: fomo.family/r/unipcs

Only 3 meme's have an ETF: 1. $DOGE $16b mcap 2. $PEPE $2b mcap 3. solana:2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv $568 mcap The cheapest and newest of the current three is tied to one of the largest marketing brands found in every brick and mortar retailer as a physical representation of the token - doing 8 figures in sales 1y of accumulation for the most potent IP in crypto history When risk turns back on, solana:2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv is a staple When NFT's turn back on, Pudgys will shine Pengu is the DOGE of this cycle

imagine looking at this chart and NOT thinking $USELESS is about to go parabolic and run into the MULTI-BILLIONS $USELESS has essentially reversed its entire bear market correction new ATHs are now within striking distance and this is happening BEFORE the bull run has even properly started this is the $DOGE / $SHIB type runner of this cycle USELESS is THE main memecoin runner of the cycle plain and simple!

Goldman Sachs now expects global data center capacity to reach 217GW by 2030, up from 168GW previously. It also raised: 2025-30 power demand growth: 117% → 170% 2030 behind-the-meter power: 40GW → 67GW