$INJ is trading around $8.5, with 24h trading volume reaching roughly $194M.
The number I’m paying the most attention to is actually the volume.
With a market cap of around $853M, 24h trading volume is equivalent to more than 22% of its market cap.
At the same time, Injective has just completed the Meridian upgrade, expanded INJ to Solana, and continues to push deeper into RWA.
I think this is a good time to look at the data rather than just the chart.
Will the volume continue to hold?
Will RWA generate real activity?
And will the new liquidity coming from Solana stay within the ecosystem?
These are the things that will show how much the current $INJ move is actually backed by real activity.
This is information, not investment advice.
@Injective
The number I’m paying the most attention to is actually the volume.
With a market cap of around $853M, 24h trading volume is equivalent to more than 22% of its market cap.
At the same time, Injective has just completed the Meridian upgrade, expanded INJ to Solana, and continues to push deeper into RWA.
I think this is a good time to look at the data rather than just the chart.
Will the volume continue to hold?
Will RWA generate real activity?
And will the new liquidity coming from Solana stay within the ecosystem?
These are the things that will show how much the current $INJ move is actually backed by real activity.
This is information, not investment advice.
@Injective