Initia Listing on Binance Today: Will $INIT Token Price Hit $1?

​Initia's $INIT Token Debuts on Major Exchanges: A New Chapter in Blockchain Interoperability​

April 24, 2025 – The blockchain landscape witnesses a significant development as Initia's native token, $INIT, commences trading on several prominent cryptocurrency exchanges, including Binance, Kraken, HTX Global, Gate.io, Bitget, Crypto.com, and KuCoin. The listing on Binance is scheduled for 11:00 UTC, marking a pivotal moment for the project.

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Understanding Initia: Bridging Layer 1 and Layer 2 Solutions

Initia distinguishes itself in the blockchain sector through its innovative architecture that seamlessly integrates Layer 1 (L1) and Layer 2 (L2) solutions. By employing interwoven rollups, Initia facilitates efficient communication and interoperability between different blockchain layers, enhancing scalability and user experience. ​

The network's design aims to address the challenges of building and deploying application-specific blockchains, known as app chains, by providing a unified platform that supports multiple virtual machines (VMs) and a shared security layer. This approach simplifies the development process and promotes a more interconnected blockchain ecosystem. ​

Source: Binance

Tokenomics: A Structured Approach to Sustainability

The total supply of $INIT is capped at 1 billion tokens, with an initial circulating supply of approximately 148.75 million tokens, representing about 14.88% of the total. The token distribution is meticulously planned to ensure long-term sustainability and growth:​

• Foundation: 7.75% allocated for ecosystem development and liquidity provision.​

• Protocol Developers: 15% with a four-year vesting period (one-year lock, followed by a three-year linear release).​

• Investors: 15.25% under the same vesting schedule as developers.​

• Staking & Liquidity Rewards: 25%, vesting at 5% annually.​

• User and Builder Rewards: 25%, with a 7% annual vesting rate.​

• Binance Launch Campaign: 6% dedicated to providing exchange liquidity.​

• Airdrop for Early Testers: 5%, claimable within 30 days.​

• Community Sales on Echo.xyz: 1% with phased unlocks.​

Additionally, through Binance Launchpool, 30 million $INIT tokens (3% of the total supply) will be distributed as farming rewards, with another 30 million reserved for future marketing initiatives.​

Source: X

Vested Interest Program (VIP): Aligning Incentives Across the Ecosystem

Initia introduces the Vested Interest Program (VIP) to align the interests of users, developers, and Layer 2 solutions within its ecosystem. The VIP manages $INIT distribution to encourage active participation and integration of the token, driving economic activity and long-term commitment to Initia’s goals. ​

The program operates through two main reward pools:​

• Balance Pool: Rewards are based on the amount of $INIT tokens locked by each participating application (minitia).​

• Weight Pool: Rewards are distributed based on the weight of each minitia, determined through a gauge weight voting process.​

Users and operators receive rewards based on activity and contributions, with vesting mechanisms in place to promote sustained engagement. For instance, users can unlock their rewards by maintaining a required activity score over multiple periods or by converting escrowed $INIT tokens into staked liquidity positions. 

Source: CoinMarketCap

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Market Performance and Future Outlook

Prior to the official exchange listings, $INIT has been trading on MEXC's pre-market at approximately $0.088. Given the project's robust fundamentals and strategic exchange partnerships, market analysts anticipate an initial trading range between $0.80 and $1.00. Under bullish market conditions and increased adoption, projections suggest the token could reach up to $5 in the future.​

The success of $INIT will largely depend on the community's response and the project's ability to maintain momentum post-launch. With its innovative approach to blockchain interoperability and a well-structured incentive program, Initia is poised to make a significant impact in the decentralized finance landscape.​

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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