The cryptocurrency INJ (Injective Protocol) has experienced a significant 24-hour surge of 16.47%, reaching $11.53 per token. This rally comes with a trading volume of $28 million and a market capitalization of $1.153 billion, positioning INJ at #37 in global crypto rankings.
INJ Price Performance Snapshot
- 24-hour high: $11.9
- 24-hour low: $9.43
- Circulating supply: 99,970,935 INJ
What Is Driving INJ’s Momentum?
Injective Protocol is revolutionizing decentralized finance (DeFi) with its unique value propositions:
1. Zero gas fees and high-speed transactions
2. Fully decentralized network architecture
3. Layer-2 protocol efficiency
4. Permissionless market creation for any asset
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Historical Performance Trends
| Timeframe | Percentage Change |
|---|---|
| 1 Week | -0.18% |
| 1 Month | -17.81% |
| 3 Months | +4.19% |
| 6 Months | -53.05% |
| YTD 2025 | -46.76% |
Why INJ Matters in DeFi
Injective Protocol eliminates two major DeFi pain points:
– Gas fee removal: Unlike Ethereum-based protocols
– Institutional-grade tools: Decentralized order books rivaling centralized exchanges
The platform’s recent partnerships and protocol upgrades likely contributed to this price surge.
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Frequently Asked Questions
What makes INJ different from other DeFi tokens?
INJ uniquely combines zero gas fees with true decentralization, offering institutional-grade trading tools typically only available on centralized platforms.
Is INJ’s price surge sustainable?
While technical indicators show strong momentum, cryptocurrency markets remain volatile. The protocol’s adoption rate and developer activity will be key long-term factors.
How can I track INJ’s real-time price?
Major tracking platforms like CoinMarketCap and CoinGecko provide live price updates, trading volume, and market cap data.
What’s INJ’s circulating supply?
Currently 99,970,935 tokens, with details available on Injective’s official blockchain explorer.
Where can I trade INJ?
The token is available on top-tier exchanges including Binance, OKX, and KuCoin, with trading pairs against USDT, BTC, and ETH.
What risks should investors consider?
Like all cryptocurrencies, INJ is subject to market volatility, regulatory changes, and technological risks inherent in blockchain projects.