Recently Happened to Injective
Messari highlights Injective's significant growth in on-chain Real World Asset (RWA) activity, which has reached $6 billion, driven by perpetuals across stocks, forex, and commodities.
Injective is an interoperable Layer 1 blockchain designed for DeFi applications. It provides developers with on-chain financial infrastructure modules to build dApps such as decentralized exchanges, prediction markets, and lending protocols. Its decentralized cross-chain bridging infrastructure offers compatibility with most blockchains, including EVM chains like Ethereum and non-EVM chains like Solana.
What is the daily trading volume of Injective (INJ)?
The trading volume of Injective (INJ) is $53,786,889 in the last 24 hours, representing a -25.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the market cap of Injective (INJ)?
Market capitalization of Injective (INJ) is $581,369,434 and is ranked #139 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of INJ tokens (100 Million tokens are tradable on the market today).
What is the fully diluted valuation of Injective (INJ)?
The fully diluted valuation (FDV) of Injective (INJ) is $581,369,434. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million INJ tokens are in circulation today. Depending on how the emission schedule of INJ tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Injective compare against its peers?
With a price decline of -7.20% in the last 7 days, Injective (INJ) is underperforming the global cryptocurrency market which is up 0.70%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 1.40%.
