# INJ token bullish momentum

#all time high $53 all time low $0.18 start price recently $11

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The INJ token is the native cryptocurrency of the Injective Protocol, a decentralized finance (DeFi) platform designed for fast, secure, and fully decentralized trading. INJ serves multiple roles within the ecosystem, including governance, staking, and transaction fee payments. Token holders can participate in decision-making processes regarding protocol upgrades and new features. INJ is also used to incentivize network validators and users, promoting decentralization and long-term sustainability. With its unique layer-1 blockchain built on Cosmos, Injective enables cross-chain derivatives trading, spot trading, and other DeFi applications without intermediaries. INJ supports a scalable, interoperable, and permissionless financial future.

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