Injective is a proprietary cryptocurrency of the Injective Protocol, which is used for protocol management, exchange fees, providing derivatives, liquidity mining, stacking and in other scenarios. The coin has a number of advantages, for example, such as support for Binance, Pantera Capital, Hashed, the ability to maintain inter-network trading and generate profitability. Also, Injective achieves high trading speeds with zero gas commission due to Level 2 derivatives.

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For the users who were experiencing issues using Keplr + Ledger (getting the "Please initialise the Ethereum app first" error) here is the explanation on why it happens and how to resolve it:

"There is a one-time process where first-time users of EVM-based chains need to explicitly select Injective within the extension in order for Keplr to get the public key from the Ledger. So selecting Injective in this case should resolve the issue. "