$INJ

As of today, Injective (INJ) is seeing a moderate upward trend in the market, with its price hovering around $20.80, which marks a 4.11% increase in the last 24 hours. The token's market cap is approximately $2.08 billion, and it continues to experience positive movement due to its utility within the decentralized finance (DeFi) space.

Injective is a layer-1 blockchain that offers high transaction throughput (over 10,000 transactions per second) and enables the creation of decentralized applications (dApps) across multiple blockchains. It is considered a major player in cross-chain trading, making it highly attractive for DeFi developers.

Looking at long-term potential, analysts are generally optimistic about INJ's future growth. The coin’s deflationary model, where 60% of dApp fees are burned every week, is expected to decrease its circulating supply, potentially driving up demand. By 2025, experts predict that INJ could range from $22 to $25 per token. In the longer term, with estimates suggesting INJ could reach anywhere from $28 to over $80, depending on market conditions.

Injective's strong ecosystem, the low fees, and the continuous growth of decentralized applications on the platform make it a promising asset for the future.