CandleFocus

Injective Sets New ATH Trading Volume and Sees Surge in Transactions

The Injective ecosystem has experienced significant growth and activity in the past 24 hours. The platform has set a new monthly record with a 24-hour trading volume of $82.3 million and has handled 3.5 million transactions during this period. This increase in trading activity reflects the growing interest and involvement within the ecosystem. Additionally, the introduction of Injex Finance's native token and partnerships with Paxos and Upbit have further expanded Injective's DeFi offerings and global availability. The active addresses on the platform have increased by 2,000%, reaching a milestone of one billion transactions. The inclusion of NTT Digital as a validator and blockchain partner has boosted Injective's visibility in the Web3 space. The INJ token has also seen a 2.81% increase in price over the last 24 hours, currently trading at around $21.95.

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