Web3Bay Brings Decentralization to E-Com: 2 Presale Stages Gone in a Flash! Injective Ecosystem & Fantom Expand

Recent technological updates from Injective (INJ), Fantom (FTM), and Web3Bay (3BAY) are bringing a mountain of new innovations to the blockchain market.

Injective (INJ), a decentralized derivatives exchange protocol, recently announced a collaboration with Solana (SOL) to integrate AI applications across blockchains. This integration will enable developers to deploy AI agents on Injective and Solana, facilitating interoperability and expanding the possibilities for decentralized applications (dApps).

The integration will be realized through Solana’s SVM Sonic and Injective’s Smart Agent Hub, which will connect Solana and Injective’s WebAssembly blockchain via the Inter-Blockchain Communication Protocol (IBC). This connection will allow for the transfer of SOL, Solana-based tokens, and Injective tokens across the chains.

The testnet for this integration is expected to launch in early 2025, enabling developers to build and deploy AI agents for use in decentralized applications on Injective. These agents can perform various tasks, such as collecting and analyzing on-chain data, predicting trends, and executing automated trades.

Injective is known for its high throughput and low latency capabilities, which are crucial for real-time AI applications. Combining this with Solana’s strengths in developer experience and community engagement could accelerate the adoption of cross-chain AI dApps.

This integration is part of Injective’s broader efforts to enhance its ecosystem and introduce new use cases for blockchain technology. The protocol has previously integrated with Cosmos (ATOM), Polkadot (DOT), and Ethereum (ETH) via IBC and XCMP. These integrations aim to create a multi-chain network of decentralized derivatives exchanges and other dApps.

As blockchain technology continues to evolve, cross-chain interoperability is becoming increasingly important for enabling the seamless transfer of assets and data. This collaboration between Injective and Solana could pave the way for innovative AI applications in the decentralized finance (DeFi) space.