🔗 $INIT $BTC $ETH : The "Interwoven" Layer 1
INIT (Initia) is a modular Layer 1 blockchain built on the Cosmos SDK, designed to solve the problem of "fragmentation" in crypto. It acts as a central hub for a network of interconnected Layer 2s called Minitias.
🚀 What makes Initia different?
* The Interwoven Stack: Developers can launch their own customizable L2s (rollups) that support various coding languages like EVM (Ethereum), MoveVM, or WasmVM, all while being natively connected to the Initia L1.
* Enshrined Liquidity: Initia features a built-in DEX at the L1 level. Users can stake their liquidity (LPs) directly with validators to secure the network, earning rewards while providing depth for the entire ecosystem.
* One-Stop UX: Through "Initia Wallet" and "Initia Scan," users can manage assets across dozens of different app-specific chains as if they were all on a single network.
📊 Market Snapshot (Feb 16, 2026)
| Metric | Current Value |
|---|---|
| Price | $0.11 |
| 24h Change | +55.3% (Recent Breakout) |
| Market Cap | ~$20.5M |
| Circulating Supply | 183.7M INIT |
🛠️ Token Utility
* Gas Fees: Used to pay for transactions on the L1 and across the Minitia rollups.
* Staking: Secures the network through its unique "Enshrined Liquidity" Proof-of-Stake model.
* Governance: Holders vote on protocol upgrades and the distribution of the "Initia VIP" incentive programs.
> 💡 Developer Note: Initia is the first Cosmos-based chain to fully integrate MoveVM, the high-security language originally designed by Meta (Facebook) for its Diem project.
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Would you like me to find the list of active Minitia app-chains you can interact with, or explain how the "Enshrined Liquidity" staking works?