#injective $INJ @Injective
Today's share is $INJ . The future development of the INJ mainnet is quite clear. I found many ways online to make money and arbitrage on the INJ mainnet; everyone can look it up themselves.
Technology and function: #injective is a Layer-1 blockchain network aimed at decentralized finance applications (DeFi), emphasizing cross-chain interoperability, high-speed transactions, and low fees. The #injective mainnet chain has a widely used feature that allows for the deposit and withdrawal of tokens, similar to the ERC20 Ethereum chain and BSC chain, but its receiving speed will be faster and the fees will be lower. Binance has now stopped the deposit and withdrawal services for the Injective mainnet chain, but other exchanges like KuCoin / Bitrue / Bitkub are still using it.
#injective focuses on decentralized finance, enabling perpetual contracts, futures, spot trading, leverage, indices, synthetic assets, market-making, and other financial transactions on-chain, similar to the Nasdaq system in the crypto world, aiming to bring traditional financial transactions from the real world onto the blockchain. It is said that the INJ mainnet chain is leading the reform of real-world assets in traditional finance. INJ is issuing new institutional assets, tokenizing assets to bring them on-chain. It is akin to packaging Nvidia's real assets into tradeable assets on-chain, allowing the buying and selling of contracts and derivatives representing Nvidia on-chain. The New York Stock Exchange-listed Pineapple Financial Inc. (PAPL) has announced the establishment of a $100 million Injective digital asset treasury, allocating a significant portion of the company's assets and reserves to INJ.
Future trends and reasons: Many institutions are optimistic about INJ, with some unofficial, more aggressive predictions suggesting that if Injective becomes a mainstream DeFi framework or market trading volume increases significantly, it could reach significantly higher prices in the long term (for example, triple digits). This is primarily because it is compatible with the Ethereum ecosystem, enabling many tokens and decentralized apps to trade and use on the INJ mainnet, greatly enhancing its usability. Additionally, the total token supply cap is only 100 million, combined with a more efficient monthly burn plan. INJ will be listed on U.S. ETFs, with multiple INJ ETF proposals already submitted to regulators.
Good news is not necessarily good, and bad news is not necessarily bad. Everyone should DYOR, making judgments based on candlestick patterns, investment preferences, and personal feelings.
