$INJ 48 hours +14.44% — the toughest performer in L1 today
It climbed all the way from $8.1 to $9.26, up +14.44% in 48 hours (Kraken hourly chart, see image).
Two fresh catalysts in a row: yesterday, the official account shared a revenue/FDV comparison chart, with Injective at 0.95—far ahead of other major public blockchains (Ethereum: 0.11); today, FXStreet reported that the CEO met with U.S. policymakers to promote advanced tokenization.
My take: on-chain revenue is real, and the policy narrative is fuel. Once it broke through the $8.21 resistance, the bulls charged straight up. Next, the question is whether it can hold $10.09 (the October 13 high).
That $8.21 resistance line has now become a foundation.
Personal opinion only; not investment advice.
#INJ #Injective
It climbed all the way from $8.1 to $9.26, up +14.44% in 48 hours (Kraken hourly chart, see image).
Two fresh catalysts in a row: yesterday, the official account shared a revenue/FDV comparison chart, with Injective at 0.95—far ahead of other major public blockchains (Ethereum: 0.11); today, FXStreet reported that the CEO met with U.S. policymakers to promote advanced tokenization.
My take: on-chain revenue is real, and the policy narrative is fuel. Once it broke through the $8.21 resistance, the bulls charged straight up. Next, the question is whether it can hold $10.09 (the October 13 high).
That $8.21 resistance line has now become a foundation.
Personal opinion only; not investment advice.
#INJ #Injective