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.

Pyth launched a $50 million grant program.

The Pyth Data Association has launched the Pyth Ecosystem Grants Program, offering $50 million in PYTH grants to eligible community members, as per the latest information shared with Finbold on May 16.

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

In just two years, Pyth Network has achieved remarkable milestones: expanding to over 55 blockchains, securing $300 billion in total volume, and integrating with more than 350 applications. To understand the factors behind this growth and its impact on the blockchain ecosystem, Invezz spoke Michael Cahill – CEO, Douro Labs (Core Contributor to Pyth).

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.

May sees major token unlock event for crypto projects like Aavo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month appeared first on Crypto Briefing.

The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks involve the gradual release of coins initially held to discourage early investors or team members from rapidly selling their large-volume holdings.

May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector.

Over $3.661B in tokens, including AEVO PYTH exceeding $1B.

As May approaches, BeInCrypto has identified noteworthy token unlock events set to influence the market. According to data from TokenUnlocks, in May 2024, the crypto market will see the release of approximately $3.58 billion worth of tokens into circulation.

Here are all the crypto projects are unlocking hundreds of millions of dollars worth of tokens in the month of May.

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 partnership brings over 500 real-time price feeds to Morph's testnet, empowering DeFi developers with reliable data. The post Pyth Network boosts Morph DeFi ecosystem with real-time price feeds appeared first on Crypto Briefing.

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.

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?

The digital currency market is abuzz with speculation about an upcoming altcoin season. Analysts, drawing insights from historical trends, suggest that a potential shift could be looming, propelled by compelling indicators. Ben Armstrong, known for his insights into the cryptocurrency market, recently shared his perspective on seven cryptocurrencies he deems as robust investment choices.

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.

Pyth Network partners with Portofino Technologies to improve its crypto data feeds, ensuring real-time price accuracy.

Portofino Technologies, a crypto startup specializing in market making, token services, and Web3 investments, has joined Pyth Network as a new data provider community, according to the info shared with Finbold on April 10.

Discover how Pyth Network's oracle services are challenging industry leaders and innovating in the DeFi space with cost-efficient models.

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.