Injective Protocol announced on Wednesday that its native $INJ token is now listed on Ston.fi, the leading decentralized exchange on The Open Network (TON). This development marks a significant step for Injective, expanding its reach within the decentralized finance (DeFi) ecosystem.

However, the broader market sentiment remains pessimistic. Regulatory uncertainties and increasing scrutiny from global authorities continue to cast a shadow over the industry. The listing of $INJ on Ston.fi, while positive for Injective, does little to alleviate the overarching concerns that plague the cryptocurrency market.