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.

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.

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.

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.

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.

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.

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.

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?

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.

Injective (INJ) is an exciting network with an ambitious vision. Like its rivals, Injective Protocol claims to be the fastest Layer 1 blockchain in the industry, offering unprecedented speeds and a secure, user-friendly blockchain experience.

Injective (INJ), a blockchain designed for financial applications, has surged by 28% in the last 24 hours and has witnessed an impressive 570% increase over the past year. This substantial growth has fueled optimism among investors and traders, leading to expectations of further gains in the future.

Injective price prediction: INJ, a blockchain tailored for finance, has seen a significant price increase of 28% in the last 24 hours, contributing to an overall surge of 570% over the past year. This bullish pressure has been mounting, forming expectations among investors and traders for future gains.

Over the past week, Injective experienced a significant correction, with its price dropping by 16% and dipping below the crucial $35 support level. However, amidst this downturn, crypto whales have emerged as key players, strategically accumulating large quantities of INJ tokens.

Injective (INJ) may be on the brink of a potential price surge following a recent wave of accumulation by crypto whales. This would undoubtedly be a much-needed relief for the INJ token, which has dipped significantly in the last seven days.

Injective (INJ) price is attempting a recovery after falling through the $35 support level, marking a monthly low.

Analyzing the fluctuations in Injective's value, it's evident that the coin has experienced a degree of volatility, as illustrated by the Bollinger Bands. These bands, represented by gray areas on the chart, indicate the level of volatility in both the daily and weekly price movements.

The Injective (INJ) price dynamics reveal that 83% of active holders are at break-even, hinting they're awaiting a price rebound. Concurrently, INJ's active addresses have recently increased after a late March dip.

This groundbreaking integration marks a pivotal moment for users. It expands Bitget's functionalities, improving UX and providing broader access to blockchain services.

The longer this period of gathering lasts, the bigger the potential upward move could be if and when it happens. Analyzing $INJ's Potential Breakout

The longer the sideways price action goes on, the more explosive the eventual move can be. Both $INJ and $KAS have been moving sideways in ranges since before the new year.

Here are three altcoins poised for stratospheric gains long-term investors should certainly consider owning at current levels.

Understanding the INJ Coin Market: Injective Protocol (INJ) Coin has recently demonstrated resilience in the face of market fluctuations, undergoing a notable recovery from a dip experienced just 72 hours ago. Despite enduring a mid-March downturn, INJ has regained momentum, with its price approaching the $40 mark once again.

Layer-1 blockchain Injective (INJ) has launched its Ionic Upgrade to the Injective Bridge, a feature that is poised to enhance its interoperability between several networks. Ionic Upgrade to Drive Interoperability According to news of the upcoming Ionic upgrade to the Injective Bridge, this development will create a scenario where advanced interoperability meets standard user experience.

The Injective (INJ) price momentum turned bearish following the formation of its all-time high nearly two weeks ago.

Altcoins like Solana (SOL) have come to be recognized for their ability to remain resilient even when the market turns south. Following the FTX implosion, SOL tumbled to $8 giving savvy investors a chance to buy the heavily discounted crypto gem which recently topped $210 before correcting to $162.

Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens.

A closely followed crypto analyst says that BNB, the native token for the BNB Chain ecosystem, is one of the most solid high-cap plays for the current market correction. Pseudonymous trader Kaleo tells his 630,000 followers on the social media platform X that he thinks BNB is gearing up for a breakout.