INJ: A strong comeback or just temporary?
After a period of silence, $INJ
unexpectedly recorded a positive cash flow of 142 million USD in 30 days, second only to Ethereum.
On-chain users surged, trading volume improved, and the price of $INJ increased by more than 140% since April.
The main driver comes from Upshift – an institutional DeFi platform with yields of up to 30% per year, strongly attracting cash flow through Peggy Bridge (accounting for 98.5%).
INJ is also accelerating the expansion of its ecosystem:
- April: Lyra mainnet
- May: Launch of the iAssets oracle framework for RWA
- Attracting Google Cloud, Republic, Deutsche Telekom as validators.