What is the Navi coin?

Can you please explain what the Navi coin is in detail? I've heard about it but I'm not entirely sure of its purpose or how it functions within the cryptocurrency market. Is it a new entrant in the space, or has it been around for a while? What are some of its unique features and benefits compared to other digital currencies? Additionally, what kind of opportunities does it present for investors and traders? I'm particularly interested in understanding its potential for growth and adoption in the future.