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Even with the little dip, $INJ still looks strong ๐ช
The pullback didnโt completely break market structure ,buyers stepped in fast and price is still holding key levels around the $5 zone. That kind of reaction usually shows thereโs still confidence in the trend.
Three things are stacking at once, moving Injective higher this week...
1 @BinanceUS listing + staking
Adds a fresh liquidity and a retail on-ramp after a long period where $INJ was effectively delisted from major US venues.
2 Community buyback program
Protocol revenue gets used to buy INJ off the market, which traders are pricing as a sustained bid.
3 Institutional pipeline maturing
US-regulated INJ futures live, and chatter around a potential staked INJ ETF.
The result is @injective price up +31.23% on top of a 134.2% increase in social engagement.
๐ฅ Over $240,000 of $INJ has been removed from circulation with the conclusion of the May Community BuyBack
Thanks to all the ninjas that participated. Head over to the Injective Hub to claim your rewards!
Stay tuned for next month, you won't want to miss it ๐ฅท
The $INJ thesis is playing out in real time
Pineapple Financial $PAPL INJ holdings now sit north of $61,000,000
@injective is building institutional financial infrastructure for the long term, and Pineapple's treasury reflects deep conviction in that future
Injective is truly helping to link decentralized finance with regular, traditional finance. Are you ready to start building on this platform? You can find out more at https://t.co/lAi4u0gV2f
@Injective is being talked about as the future of finance. It's really changing what's possible in Web3, offering an impressive platform for developers, everyday people & large organizations alike.
Here's why others in the industry are starting to pay attention to its performance
Connecting different financial worlds.
@Injective isn't only for people who are already deep into crypto. By partnering with big names from both the traditional internet (Web2) and the new internet (Web3),
You can set up smart contracts that run on their own, allowing for new and exciting applications in areas like decentralized finance, real-world assets (RWA), and AI.