1. Home
  2. Injective Protocol

Injective Protocol

Trader Says One Large-Cap Crypto Looks Way Stronger Than Others, Predicts Correction for Solana and One DeFi Altcoin

Trader Says One Large-Cap Crypto Looks Way Stronger Than Others, Predicts Correction for Solana and One DeFi Altcoin

A widely followed crypto analyst says that one top-10 altcoin looks stronger than the competition while predicting corrections for the smart contract platform Solana (SOL) and one decentralized finance (DeFi) token. Pseudonymous crypto strategist Altcoin Sherpa tells his 205,800 followers on the social media platform X that he thinks BNB, the native asset of the […]

The post Trader Says One Large-Cap Crypto Looks Way Stronger Than Others, Predicts Correction for Solana and One DeFi Altcoin appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Analyst Says DeFi Altcoin Gearing Up To Revisit All-Time Highs, Updates Outlook on Solana, Cardano and Polkadot

Analyst Says DeFi Altcoin Gearing Up To Revisit All-Time Highs, Updates Outlook on Solana, Cardano and Polkadot

A closely followed crypto analyst says that one decentralized finance (DeFi) altcoin is setting the stage to revisit its all-time highs. Pseudonymous crypto strategist Rekt Capital tells his 369,500 subscribers on the social media platform X that the decentralized exchange (DEX) platform Injective Protocol (INJ) is positioning itself to skyrocket to its previous all-time high […]

The post Analyst Says DeFi Altcoin Gearing Up To Revisit All-Time Highs, Updates Outlook on Solana, Cardano and Polkadot appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

Crypto analytics firm Santiment says that the prices of eight altcoins are showing signs of moving higher. Santiment says that the supplies of the Ethereum (ETH)-based native tokens of decentralized exchanges SushiSwap (SUSHI) and Injective Protocol (INJ), decentralized finance platform CurveDAO (CRV) and cross-chain protocol Biconomy (BICO) are falling on exchanges as the assets are […]

The post Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash

Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash

A popular crypto strategist is bearish on Fantom (FTM) and two other altcoins while warning of a potential Bitcoin (BTC) crash. Pseudonymous analyst Altcoin Sherpa tells his 184,900 Twitter followers that smart contract-enabled blockchain Fantom is collapsing. “This one looks horrible… I don’t see any sign of a bottom currently.” Altcoin Sherpa is also bearish […]

The post Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Crypto Strategist Sets Big Price Targets for Ethereum-Based Decentralized Exchange Protocol

Crypto Strategist Sets Big Price Targets for Ethereum-Based Decentralized Exchange Protocol

Closely followed crypto analyst Michaël van de Poppe is eyeing one Ethereum-based decentralized exchange (DEX) protocol and setting upward price targets. In a new blog post for Eight Global, Van de Poppe says that Injective Protocol (INJ) has tested its main resistance point multiple times, making the said supply area weaker and more prone to […]

The post Crypto Strategist Sets Big Price Targets for Ethereum-Based Decentralized Exchange Protocol appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Coinbase Adds Popular DeFi Token and Five Additional Altcoins to Roadmap, Makes USDT Available in 31 Countries

Coinbase Adds Popular DeFi Token and Five Additional Altcoins to Roadmap, Makes USDT Available in 31 Countries

Coinbase just added six new altcoins to its listing roadmap, which puts the tokens on the path toward being listed on its burgeoning roster of tradable digtal assets. The exchange says it plans to include the decentralized finance (DeFi) protocol Convex Finance (CVX), along with data monetization protocol Ocean Protocol (OCEAN), retail business-focused Pundi X (PUNDIX), […]

The post Coinbase Adds Popular DeFi Token and Five Additional Altcoins to Roadmap, Makes USDT Available in 31 Countries appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Injective partners with Wormhole to bring 10 new blockchains to the platform

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.

Decentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate “10 new blockchains” to its network.

Injective is a Cosmos layer-2 decentralized exchange (DEX) that offers derivatives, token swaps and sports betting prediction markets. It is also focused on interoperability via cross-chain bridging, and currently supports digital assets from Ethereum, Polkadot and IBC-enabled chains such as Cosmos.

Injective Labs, the protocol’s developers, noted in a May 25 announcement that the partnership will enable users to transfer and trade assets across any chain that is integrated with Wormhole.

“The Wormhole integration will vastly enhance Injective’s capabilities with respect to interoperability. Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.

Wormhole is a generic messaging protocol that interacts with different blockchains, providing services such as cross-chain application support and token bridges.

Not all of the “10 new blockchains” are  named specifically. Wormhole’s website also only lists nine chain integrations which include Solana, Terra, Ethereum, Avalanche, Oasis Binance Smart Chain, Polygon, Fantom and Aurora.

With Terra falling into a heap, and Ethereum already being supported, it is unclear what the other remaining chains out of the total of 10 are.

However the project has highlighted the ability of Injective to “serve as the primary gateway for cross-chain native assets from Solana and other prominent Layer 1 chains” to enter the ecosystem.

“The options for users can extend far beyond asset transfers as well. For instance, DApps on Injective could enable seamless cross-chain trading across the Cosmos and Solana ecosystems while also being able to offer yields on Solana (or any other Wormhole supported asset).”

“Builders utilizing chains such as Avalanche, Algorand or Polygon can access assets within the broader Cosmos ecosystem via Injective,” it added.

Related: Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price

The announcement has done little to sway the value of Injective’s native token INJ so far, with the price dropping 2.6% in the past 24 hours to sit at $2.21 at the time of writing. The token is also down 91.1% since its all-time high of $24.89 in late April 2021, according to data from CoinGecko.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Under-the-Radar Decentralized Finance Altcoin Rallies Over 100% in Less Than a Day As Ecosystem Explodes

One overlooked altcoin has put in an incredible move, doubling in less than a day while most of the crypto market corrects. Injective Protocol (INJ) is a decentralized exchange (DEX) that offers margin trading, derivatives and other services on an extensive cross-chain platform. The project has optimized connections to the main Ethereum (ETH) chain while […]

The post Under-the-Radar Decentralized Finance Altcoin Rallies Over 100% in Less Than a Day As Ecosystem Explodes appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

These Five Altcoins Have the Biggest Upside Potential, According to Crypto Analyst Aaron Arnold

Crypto trader and Altcoin Daily co-host Aaron Arnold is sharing five crypto assets that he thinks are ready to make big moves. The trader tells his 1.12 million YouTube subscribers that his first pick is CRO, native token of digital asset marketplace Crypto.com. As the exchange launches a major worldwide sports marketing initiative, Arnold thinks […]

The post These Five Altcoins Have the Biggest Upside Potential, According to Crypto Analyst Aaron Arnold appeared first on The Daily Hodl.

The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer