The Injective ecosystem is witnessing a surge in meme coin activity, particularly with the introduction of $NINJA, which is being compared to $BONK on Solana. Currently, the market capitalization of $NINJA stands at $4 million, while $BONK's market cap is significantly higher at $1.5 billion. The excitement around $NINJA is fueled by its association with the Injective platform, which is promoting itself as a hub for meme coins, decentralized finance (DeFi), and AI finance. Additionally, Injective has partnered with MoonPay to facilitate fiat onboarding, allowing users to purchase $INJ and other assets more easily. The platform is also launching new applications to enhance token swapping capabilities, with features that support tokens from EVMs and Solana, aiming to provide users with the best rates through liquidity partnerships with Astroport and Dojo Swap.