🚀 Cryptocurrency news: Injective (INJ) in the spotlight!
- INJ price has been rising for six days in a row, which is the longest winning streak in 2024. On Wednesday, it rose more than 12%, becoming the best performer among the top 50 cryptocurrencies.
- INJ has risen 54% since July 5, driven by improved industry sentiment.
- Bitcoin is again testing resistance at $65,000, and the fear and greed index has risen from 38 to 58.
🔧 Injective developer activity is on the rise:
- The average number of weekly commits has increased to 700 over the past seven weeks.
- Derivatives volume also increased to $109 million on Tuesday.
- Helix, Injective's largest DEX network, processed $114 million worth of cryptocurrencies on Wednesday.
- INJ staking market capitalization reached $1.53 billion, with an annual return of 20%.
Optimism among traders is growing, with some predicting the price of $INJ to reach $100. What do you think? Share your opinion in the comments! 💬