A popular analyst is unveiling his breakout targets for a small group of altcoins including Binance Coin (BNB) and Chainlink (LINK).

In a new strategy session, pseudonymous analyst Altcoin Sherpa says that he’s keeping a close watch on Binance Coin, the utility token of the world’s largest crypto exchange.

According to Altcoin Sherpa, BNB has been trading in a wide range for a year and a strong move above the $350 level could propel the large-cap altcoin to a level last seen in March 2022.

“If this actually does have a strong breakout, then I would view $450 probably as a first area, and there’s going to be a lot of intermediate levels in between but $450 probably be my next level up.”

At time of writing, BNB is trading for $339.

Next up is the decentralized oracle network Chainlink. According to Altcoin Sherpa, a big breakout above $9.30 could push LINK to print gains of as much as 207% considering that it has been consolidating in a wide range for about a year.

“When Chainlink starts to actually move strong, I think that it’s quite likely this goes to at least $14… Since it’s accumulated for such a long time, I wouldn’t be surprised at all to see something like $25.” 

At time of writing, LINK is worth $8.19.

Another altcoin on the trader’s list is the layer-2 scaling solution Arbitrum (ARB). According to the analyst, ARB could witness a corrective move to as low as the $1.45 level before the next leg up.

“I wouldn’t be surprised if this goes above $2. If you look at it from a fundamental standpoint, it still has pretty high TVL (total value locked), pretty high usage relative to other blockchains that are close to being [the] same value.”

At time of writing, ARB is trading for $1.62.

The last altcoin on the trader’s radar is the decentralized exchange Injective (INJ). Altcoin Sherpa says INJ is in the midst of a “monster run,” which he notes is likely to continue in the short term.

“I think the next area up would be around this $10 to $10.60 area, and that’s going to be a pretty interesting area, in my opinion. Would be looking to take heavy profits around there.”

At time of writing, INJ is worth $9.01.

#Binance #crypto2023 #arbitrum #injective #link

Summer has just begun, and Injective is already blazing a trail of innovation that's catching fire throughout the blockchain ecosystem. This month, a series of exciting updates and integrations have taken place within the Injective platform, presenting enhanced opportunities for users seeking to harness the power of decentralized protocols. From groundbreaking swaps to intelligent vaults, Injective is shaping the future of decentralized finance.

Revolutionary Swaps with Helix

Helix, the dynamic trading platform within the Injective Ecosystem, has introduced an incredible new feature: Helix Swap. With the click of a button, users can now seamlessly convert assets across a multitude of markets. This revolutionary upgrade propels trading on Helix to a whole new level of simplicity, enabling the effortless execution of multiple transactions simultaneously. Swift trade execution empowers users to capitalize on opportunities without delay, all while enjoying the benefits of Injective's on-chain orderbook module – guaranteeing lightning-fast, cost-effective, and transparent transactions.

But that's not all. Helix has gone the extra mile by introducing fee delegation support for all Cosmos wallets, including Keplr, Leap, and Cosmostation. This innovation creates a 100% gasless trading environment, making the financial experience even smoother and more accessible for users.

Ready to experience the future of trading? Try Helix Swap here.

Black Panther Pounces with Incentivized Testnet

Black Panther, the asset management protocol on Injective, has achieved a monumental milestone by launching its incentivized testnet. Garnering attention as the third-place winner in the Injective hackathon, Black Panther introduces intelligent vaults that empower users to profit effortlessly from yield opportunities. Unlike traditional yield protocols, Black Panther offers dynamic trading strategies such as grid trading and trend following, providing a fresh source of alpha for users.

Step into the "Injective in Borderland" testnet, an engaging environment where users participate in games to earn rewards. A point system tracks future rewards, encouraging active participation. Embark on challenges like "Challenge 1 King of Spades" and "Challenge 2 King of Clubs" to amass points and unlock exciting opportunities.

Mito's Closed Testnet: Powering Automated Trading Vaults

Mito, a collection of automated trading vaults powered by Web3 smart contracts, is making waves within its closed testnet. Currently accessible to Ninja Pass holders, Mito is continuously expanding its array of strategy vaults, including vaults for $ATOM, $INJ , $WETH, and $USDC stablecoins. The release of Mito Swap further simplifies asset swaps, boasting the fastest transaction speeds and lowest fees.

With over 50,000 users already on an early access whitelist, the gates to Mito's highly anticipated project will soon swing open, allowing more users to explore this cutting-edge platform.

Introducing Hydro Protocol: The Future of Liquid Staking Derivatives

Diversifying the DeFi landscape within the Injective Ecosystem, Hydro Protocol takes center stage. As the first native liquid staking derivatives (LSD) protocol on Injective, Hydro Protocol plans to launch by September 2023, offering liquid staking derivatives, farming, and auto-compounding. Community members can stake INJ and mint hINJ (liquid INJ) tokens on a 1:1 basis, earning rewards and deploying hINJ on other protocols for additional returns.

Empowering Developers: Espresso Systems and Warp Protocol

Injective's commitment to innovation extends beyond individual protocols, evident through key collaborations. Espresso Systems, a protocol supporting decentralized rollup sequencers, has teamed up with Injective, furthering the decentralization of rollups within the ecosystem. Notably, this partnership facilitates Solana developers' access to a broader audience.

Warp Protocol, the decentralized automation layer for the Cosmos ecosystem, has gone live on Injective. By empowering developers to craft diverse DeFi experiences, Warp Protocol promises a new era of possibilities for users.

Galxe Integration Opens New User Acquisition Avenues

Injective's growth receives a significant boost with the integration of Galxe, the premier platform for building Web3 communities. This integration empowers builders and dApps within the Injective Ecosystem to seamlessly launch loyalty programs, reward initiatives, and more via Galxe. This innovative synergy brings a fresh approach to user acquisition, enhancing go-to-market strategies for wider outreach.

With Galxe's advanced on-chain transaction tracking capabilities, projects can now craft targeted campaigns that directly benefit their users.

Injective's Summer Triumph: A Glimpse into the Future

July's progress not only benefits individual users but also provides a sneak peek into the future of the broader Injective Ecosystem. As the summer sun continues to shine, Injective remains steadfast in its mission to create a free and inclusive financial system through decentralization. Stay tuned for more groundbreaking updates and advancements from Injective as we ride the wave of innovation into the future of finance.

To stay updated on Injective's latest developments and join the thriving community, follow us on Twitter and join our Discord. The revolution is heating up – be a part of it!

$INJ #injective #Web3 #DEFi #helix #galxe

As a blockchain built for Web3 finance, it’s unique modules can truly be utilized for multiple use cases, expanding beyond a platform for solely buying and selling assets. 
A prime illustration of this innovation is seen in Talis, which harnesses the full potential of Injective to create a groundbreaking NFT marketplace. Offering a suite of features that facilitate NFT transactions and participation in this vibrant ecosystem, Talis pioneers the field of NFT Finance (or NFT Fi, for short), within the Injective ecosystem, even becoming the first native token for the Injective network. 
What is Talis? 
Talis is the premier NFT marketplace, revolutionizing participant interactions within the Injective ecosystem through its innovative marketplace, powerful tools, and dynamic fee accrual mechanism. 
At the core of Talis is its marketplace, a virtual hub facilitating NFT exchanges. Users benefit from a user-friendly interface for various transactions, including Launchpad Sales, peer-to-peer trades, secondary market acquisitions, floor sweeping, and collection offers. 
Talis stands out, however, by offering an evolving set of tools, including collection activity, analytics, price analysis, and real-time market insights - all made possible through Injective. 
Talis’ Growth On Injective
Since mainnet launch in June 2023, over 200,000 INJ has been transacted on the platform, with an impressive 85,800 INJ exchanged within the first week of December 2023 alone. Talis also saw a staggering 58,000+ transactions within 24 hours, illustrating the vibrant and active community. 
Talis boasts a robust user base, with over 140,000 registered wallets contributing to its success. Additionally, the platform has witnessed the creation of an astonishing 238,277 NFTs, with an impressive 46,348 NFT sales recorded—a testament to the platform's pivotal role as the premier NFT marketplace within the Injective network.
Talis’s Token Launch on Injective
To meet the soaring demand and further enhance the capabilities of the Talis ecosystem, Talis launched $TALIS, becoming the first native token for the Injective network.
This market listing will mark the first public listing for TALIS following the initial TALIS token auction that occurred from November 3rd to November 9th, resulting in 1.7 million tokens being sold. The TALIS market listing presents a unique opportunity for the community to participate in the growth and evolution of the Talis project, providing Injective users with exclusive access to TALIS tokens.
Talis was listed exclusively on Helix on Thursday, December 14th at 10am ET. 

#freedomofmoney #injective #AirdropOpportunity #Talis