Layer 1 Network’s Coin Has Been Valued 30 Times This Year Alone

INJ, the coin of the Layer 1 blockchain Injective, has gained thirty times in value this year alone, reaching over $39.

According to CoinGecko data, INJ was for $39.87 It rose and broke the all-time price record for itself. INJ is trading at $39.36 at the time of writing.

INJ, which entered this year at $ 1.27, has gained more than 2,900 percent since the beginning of the year.

Injective, an ecosystem of decentralized applications, was developed using the Cosmos SDK and can be used to quickly process transactions across large networks such as Ethereum and Cosmos Hub.

According to Defi Llama data, it is locked in the Injective ecosystem worth $16.5 million existence exists. The transaction volume of the ecosystem was yesterday $43 million He went up to the top.

Mobility in the Injective ecosystem is partly due to due to airdrops it could be. a user to share According to many Injective based projects, He confirmed that he will airdrop.


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