$INIT is the native utility and governance token of the Initia Network, a modular blockchain ecosystem designed to unify and scale decentralized applications using a flexible Layer-1 + Layer-2 (rollup) architecture. Initia’s core aim is to solve multi-chain fragmentation by letting developers build and deploy custom app chains (“Minitias”) that share security, liquidity, and interoperability through a so-called Interwoven Economy.
💰 Price & Market Snapshot
Here’s where INIT stands in the market (early 2026):
Price: Around ~$0.09–$0.13 USD per token (varies by exchange).
Market Cap: ~$20–$25M USD.
Circulating Supply: ~174–180 M of 1 billion max.
All-Time High: $1.44 (May 2025) — currently **-90 % from peak**.
Volume: Active trading with significant daily volume highlights ongoing interest.
Prices remain well below launch highs typical for infrastructure tokens as market sentiment fluctuates.
🛠️ What INIT Is Used For
INIT plays a key role at the heart of the Initia ecosystem:
🔐 Network Fees & Gas
INIT is used to pay transaction fees on the Initia Layer-1 and (optionally) on its app-specific rollups.
🏛️ Staking & Security
Token holders can stake INIT (including via liquidity positions) to help secure the network and receive rewards.
🧠 Summary
INIT (Initia) is the native token powering a modular blockchain ecosystem that blends a base Layer-1 with interwoven, customizable rollups to address cross-chain fragmentation, security, and liquidity sharing. It’s used for transaction fees, staking, governance, and ecosystem incentives. While the price is well below past peaks, the technical foundation, broad VM support, and interoperability focus make it a noteworthy infrastructure project — though adoption and competitive positioning will determine its long-term success.
$US
$UNI #INIT #INitVerse #initusdt