Injective and Solana Unveil Groundbreaking Omnichain Domain, Connecting Users via Phantom

A public Layer 1 blockchain built on Cosmos, Injective (INJ) has introduced a revolutionary omnichain domain name service on its mainnet that simplifies cross-chain transactions between the cutting-edge Solana and Injective networks. This innovative solution empowers users to execute transactions on both chains using a single domain, fostering tighter integration of the two environments.

Now, users can utilize native INJ assets to purchase .sol domains, enabling seamless use of these domains across Solana dApps and facilitating their integration into the Injective infrastructure.

Moreover, the popular Solana wallet Phantom has been woven into the Injective ecosystem, enhancing the connection with Solana and allowing users to access Phantom key services, including the Injective Hub and well-liked dApps like Helix and Mito.

Injective embarked on the journey to develop a cross-chain naming service nearly a year ago, aiming to strengthen the connection between two of the fastest networks in the crypto space. They kicked off the testnet in collaboration with Bonfida towards the end of 2023, focusing on rigorous monitoring and stress testing.   

The omnichain domain is enabled through a sophisticated two-way communication framework that allows SNS transactions to be initiated on Injective, verified on Solana, and then returned to Injective. Unlike conventional bridging techniques that often complicate the user experience, this method streamlines the process, promoting network interoperability while ensuring users can navigate their respective ecosystems easily. Solana Solana users can easily transition into the Injective environment by entering the platform, registering a new domain, or linking their existing Solana domain. Injective claims that by this year, the developer experience across the networks will unify even further with the launch of inSVM, which is characterized as the world’s first Solana-specific blockchain rollup.

Injective is designed as an interoperable Layer 1 blockchain that optimizes performance for developing top-tier Web3 financial applications. It provides developers with user-friendly plug-and-play modules for crafting dApps. The platform has been incubated by

Injective Elevates Layer 1 Landscape 

and is backed by notable investors such as Jump Crypto, Pantera Capital, and renowned venture capitalist   Mark Cuban. Binance Labs Recently, Injective rolled out a mainnet update named Volan, which integrates a new software module aimed at real-world assets (RWA). This upgrade is intended to give both institutional and retail users access to a wider array of structured financial products, including tokenized fiat currency pairs, treasury bills, and exclusive credit offerings.

The recent launch of an omnichain domain service in collaboration with Solana underscores Injective's dedication to enhancing cross-chain connectivity, improving user experience, and expanding its service offerings, all of which contribute significantly to the broader cryptocurrency landscape. 

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