As Bitcoin experiences a sideways consolidation phase, dropping up to 23% from its all-time highs, its overall market outlook remains cautiously optimistic. This consolidation is viewed as a healthy correction, potentially setting the stage for future growth.

Story Highlights The live price of the Injective token is Injective (INJ) price could hit a high of $57.66 by the end of the year 2024. With a potential surge, the INJ's price may record a high of $181.18 during the year 2030. Launched in November 2021, alongside a $120 Million incentive program called Astro.

The altcoin market retreats as most assets lose steam following the recent GameStop-triggered rallies. While the likes of PEPE stare at more dips, Injective's loyal investors keep INJ price afloat. Long-term holders aid INJ recovery Injective struggled after impressive actions, declining to explore yearly lows. Nevertheless, indicators suggest a notable comeback for the altcoin.

While Injective's (INJ) price may not be the worst performer, it managed to mark a new bearish achievement in the last 24 hours.

Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin, Ethereum, and Solana. According to DeFillama data, Lido accrued $2.34 million, while Aave amassed $1.85 million during this period.

Aave has reduced its loan-to-value requirements for DAI after MakerDAO's stablecoin gained indirect exposure to Ethena's USDe.

Injective (INJ), a decentralized exchange (DEX) protocol, is stirring excitement in the cryptocurrency market with analysts predicting a potential price surge. The token has been under the watchful eye of analysts, with many anticipating a significant upward move in its value.

As previously stated, the crypto markets continue on their roller coaster ride, with cryptos exhibiting high volatility. After a brief consolidation near $60,000, BTC prices rebounded above $63,000, ending the bearish trade setup. Now that the longs have played well, some altcoins, such as INJ, ARB, and AIOZ, have performed exceptionally well.

TL;DR Injective launches its Layer-3 network, inEVM, with Arbitrum's Orbit technology. It will provide more interoperability and enhanced functionalities. The main goal is to strengthen connectivity between Ethereum, Cosmos, and Solana. A mechanism to burn a portion of protocol fees will be implemented, increasing transaction processing efficiency and contributing to economic sustainability.

This collaborative integration with Caldera boosts interoperability and transaction efficiency across platforms. The newly introduced inEVM integration is set to transform how transactions and interoperability function within the blockchain realm.

Injective announced the launch of its Layer-3 network, the inEVM, powered by Arbitrum's Orbit toolkit.

Injective's "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit.

Ethereum (ETH) proved resilient, easily bouncing above $3,000 after corrections in the past weeks. However, the token now sits in a risky space, within hundreds of dollars of a series of ETH liquidation levels.

With bitcoin powering out of its recent dip, at one point adding almost $9,000 to its price, the altcoin market has also begun to shift. Solana (SOL) and Injective Protocol (INJ) are among the first altcoins out of the blocks.

INJ, the native token of the Injective Network, commenced May with a fluctuating price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price trajectory, popular market analyst with X handle Crypto Tony has highlighted a pivotal support zone for the altcoin in the coming weeks.

Aave Labs, the team behind the DeFi lending platform Aave, has proposed a significant upgrade to its protocol, marking two years since the introduction of V3.

The Aave community is set to vote on a new proposal to remove stablecoins like USDP and GUSD from Aave V2.

Aave V4 would be built with a new architecture to minimize disruptions to third-party integrators.

TL;DR Aave Labs has revealed a five-year roadmap, including a significant upgrade proposal for the transition from Aave V3 to Aave V4. The development timeline extends from initial research in Q2 2024 to a full rollout by mid-2025. Aave V4 introduces a new architectural blueprint to minimize governance overhead and enhance modularity.

Aave Protocol is preparing for a significant upgrade with its upcoming V4 release, scheduled for mid-2025.

With all the upgrades that the proposal suggests, a notable part focused on growing the protocol's algorithmic stablecoin GHO.

Aave Labs has unveiled its 2030 strategic roadmap, which includes multiple key initiatives such as Aave V4, a new visual identity, and expanded defi functionality.

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol's architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms.

Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO.

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.

Aave Labs has released its strategic roadmap for 2030 that introduces several key initiatives, including the launch of Aave V4, a new visual identity, and expanded DeFi functionalities. The “Temp Check” proposal aims to gather the Aave community's feedback on the proposed enhancements to advance the Aave protocol.

The crypto market is heading towards a crucial decision in the next few days. Will the market go up or down?

In the latest insightful video, Aaron from Altcoin Daily delves into the current crypto scenario, highlighting key market developments and sharing his top picks for quality altcoins poised for growth. Let's unpack his analysis and explore the altcoins he's bullish on.

Ethereum (ETH) is the second-largest cryptocurrency by market cap and is now back in the spotlight with increased institutional interest. As traditional finance money flows into the Ethereum ecosystem, Finbold selected two of the best ERC-20 tokens to consider investing.

The INJ 3.0 upgrade by Injective introduces a deflationary model for its token, aiming to enhance long-term ecosystem value and security. The post Injective unveils largest tokenomics upgrade with INJ 3.0 release appeared first on Crypto Briefing.

The Injective community has approved transformative changes to its tokenomics, launching the Injective 3.0 system.

TL;DR Launch of INJ 3.0 on mainnet, making $INJ one of the most deflationary assets in the crypto market. Plan for accelerated reduction in INJ supply over the next two years. Beginning of a new era for the platform with these significant updates. Since its recent mainnet launch, INJ 3.

The Injective community approved changes to INJ's upper and lower inflationary bounds and its inflation rate change parameter.

Layer1 blockchain Injective introduced proposal IIP-392 to reduce INJ's inflation rate as the project aims to be among the “most deflationary” cryptocurrencies. Injective proposal receives massive support Data shows the new proposal has received 99.99% YES votes less than 20 hours before the voting closes.

The decentralized finance (DeFi) landscape has been brimming with activity over the past week. Leading the charge, Lido Finance announced the launch of its Simple Distributed Validator Technology (DVT) on the Ethereum mainnet.

Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform's proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by introducing deflationary measures for INJ.

Injective Protocol, a blockchain for decentralized finance (DeFi) and derivatives trading, is voting on a proposal to significantly reshape the platform's tokenomics and introduce a new era dubbed Injective 3.0. According to Injective, through a post on April 19, the proposal is now open for voting via the Injective Hub.

Injective, a decentralized Layer1 blockchain network, announced a few days ago that its blockchain network will soon be updated. Such a feat, IIP-392 Proposal, aims to radically pivot the INJ token's economic landscape, eventually cementing it among the most deflationary assets, just as market players know it.

TL;DR Injective and Jambo Partner to Bring DeFi to Millions in Emerging Markets. Collaboration to offer financial solutions based on blockchain through the JamboPhone. Ninji Wallet will be available on Jambo phones, making it easier to access its DeFi ecosystem.

Injective (INJ) attracted investor interest on Thursday following the blockchain's groundbreaking partnership with Jambo – a web3 mobile service provider. Injective confirmed that the collaboration aims to offer decentralized finance (DeFi) and Web3-based technologies to boost economics in Latin America, Southeast Asia, and Africa.

INJ, the native token of the Cosmos-based layer 1 blockchain Injective, piqued substantial investor interest today, April 18, as its cryptographic venture took an exciting turn with a new collaboration. In an official statement released today, the layer 1 blockchain announced a strategic merger with Jambo, a Web3 mobile infrastructure, aiming to provide web3-based escapades

After trading under a bearish sentiment for over a week, the INJ price has recorded a bullish jump of 11.97% within the past 24 hours, highlighting a bullish reversal for the altcoin in the crypto industry.

Amidst market turbulence, Token Metrics, renowned for its AI-powered investment research, has identified a select group of cryptocurrencies poised to deliver extraordinary returns. Firstly, let's delve into Token Metrics' latest findings, spotlighting cryptocurrencies with the potential to yield gains of up to 100 times and more when the market rebounds.

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant.

Two of the most promising altcoins have been beaten down heavily by the current crypto market correction. Is it time to buy $RNDR and $INJ now, before the bull market resumes?

An Aave fork on Blast network liquidated user positions worth over $26 million due to an erroneous threshold change

Token Metrics, an AI-driven investment research platform, has recently identified 27 crypto assets with the potential to deliver significant gains of up to 10,000% for investors within the next two weeks.

As the Injective (INJ) token exhibits a consolidation pattern, market enthusiasts and traders closely monitor on-chain metrics to discern whether the price could be setting up for a leap toward the $40 mark.