NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round

INJ Token Surges Over 63% In One Week, Will It Hit $10?

Jammy Hunts
Jammy Hunts
1 year ago
3 mins read
INJ

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Injective’s INJ token has registered over 63% price gain on the weekly chart, beating top coins like Bitcoin and Ethereum. The token bucked all bearish trends last week, soaring higher amid a market-wide downturn. 

These impressive moves place INJ in the 9th place among top-gaining coins today, with an over 5% price increase over the past 24 hours. At press time, INJ trades at $9.31, slowly edging near the $10 mark. The token could be on its way to higher highs in the coming days.

INJ Price Surges Amid Increased Ecosystem Development Activity

The last few days have been bubbling with activities in the Injective ecosystem. According to an April 16 tweet, Injective mainnet integrated with Kraken Exchange, one of the largest cryptocurrency exchanges.

Not only that, the proposal to migrate Pyth Network to an Injective mainnet received a 98% approval rate. This integration will make Injective the only IBC-enabled Layer1 blockchain with Pyth on-chain, allowing users to access crypto and real-world asset data.

Related Reading: Little-Known Crypto WOO Outshines DEX Tokens With Surprise 32% Spike

Also, Fiat on-ramps for native INJ went live last week. In addition, the network launched its first Hackathon program and integrated dual rewards on Astroport, a Cosmos-based liquidity provider. The Dual Rewards Proposals aim to incentivize INJ staking on Astroport. It allows the INJ community to earn staking rewards on liquid stakes while earning yield from stINJ. 

The project’s success has already manifested in INJ Total Value Locked (TVL). According to data on Defilama, the IJN’s TVL on Astroport has increased by 48%, while that of Helix rose by 23.53% over the past seven days. 

Data on Stelareum shows a rapid rise in the total value locked on Injective protocol from $9.66 million on April 13 to $12.488 million on April 17. As of April 12, total assets on the Injective blockchain exceeded $500 million. 

The increased network activity could be related to the INJ token’s impressive price moves. Besides the price increase, INJ has recorded a notable increase in trading volume of 24.01% over the past 24 hours.

INJUSD price chart
INJ’s price currently hovers at $9.32 in the daily chart. | Source: INJUSD price chart from TradingView.com

INJ Token Price Outlook

Although the global cryptocurrency market cap decreased today, investor sentiment remains bullish, with the Fear and Greed Index at 69. Therefore, most cryptocurrency prices are trading with gains as the bulls take control of the market. 

INJ’s sentiment is even more bullish with the numerous ongoing activities in the Injective ecosystem. Since the start of April, INJ’s price moved with bullish momentum, rising from $4.19 on March 29 to its current price of $9.3, an over 115% increase.

INJ price has more than tripled since starting January at $1.2714 and rising bullishly above $3 in February. INJ is 1,260% higher than its all-time low price of $0.6557, recorded on November 3, 2020. Despite being over 60% lower than its April 2021 all-time high, INJ has increased by over 2,000% since its launch. 

Related Reading

peter brandt bitcoin prediction

Company Of Legendary Peter Brandt Goes Long Bitcoin, Here’s His Target Price

1 year ago

As of yesterday, April 16, the token closed with a 14.11% price increase and continued bullish today. At press time, it is trading at $9.32. If the bulls remain in control, INJ could surpass its current price and break above $10 in the coming weeks.

Featured image from Pixabay and chart from TradingView.com
Tweet123Share196ShareSend
Jammy Hunts
Jammy Hunts

Jammy Hunts

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto news

Liquidity Wave Extends The Crypto Bull Run Into 2026, Predicts Raoul Pal

Raoul Pal believes the crypto cycle is not nearing a peak but entering a longer, more powerful expansion that can...

Jake Simmons 2 hours ago
Bitcoin

The Mobility Advantage: Why Bitcoin’s Portability Makes It Superior To Traditional Gold

Bitcoin and Gold as stores of value often boil down to a single, critical distinction in the digital era of...

Godspower Owie 3 hours ago

Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup

As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves...

Ash Tiwari 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

山寨幣季熱度再升溫:從Zcash隱私敘事到PepeNode遊戲化挖礦百倍幣預期

Mark Mak 22 minutes ago
Crypto

70% Decline In Corporate Crypto Treasury Buying: What’s Going On?

Ronaldo Marquez 32 minutes ago
Bitcoin & Ethereum

Crypto Suffers Nearly $1 Billion In Liquidations As Bitcoin Extends Decline

Keshav Verma 1 hour ago

Premium Sponsors

Press Releases

  • Inwestorzy kryptowalutowi porzucają Shiba Inu dla tokena, którego cena wynosi 0,03 zł, a celem jest 12 000 zł

    Inwestorzy kryptowalutowi porzucają Shiba Inu dla tokena...

    9 hours ago
  • Táto alternatíva Shiba Inu (SHIB) v nasledujúcich týždňoch prekoná očakávania a vyskočí z $0,00000012 na $15

    Táto alternatíva Shiba Inu (SHIB) v nasledujúcich...

    10 hours ago
  • Ta alternatywa dla Shiba Inu (SHIB) może w nadchodzących tygodniach wzrosnąć z 0,03 zł do 6 000 zł

    Ta alternatywa dla Shiba Inu (SHIB) może w nadchodzących...

    11 hours ago
  • イーサリアム...

    13 hours ago
  • 重要な経済指標を前に、市場は警戒感を強める

    ビットコイン 今後...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.