#INJ#

Below is the current data and price information for Injective Protocol (INJ):
Current Price and Market Data (as of May 22, 2025):

* Current Price: Approximately $12.16 - $13.24 USD.

* 24-Hour Change: Generally positive change over the past 24 hours (e.g., increase between 0.85% and 5.74%).

* Market Cap: Approximately $1.25 Billion USD.

* 24-Hour Trading Volume: Approximately $110 Million - $162 Million USD.

* Circulating Supply: Approximately 99.97 Million - 100 Million INJ.

* Total Supply: 100 Million INJ.
* All-Time High: $53.00 USD recorded on March 13, 2024.

* All-Time Low: $0.18 USD recorded on October 20, 2020.

What is INJ?
Injective Protocol (INJ) is a Layer 1 blockchain designed for decentralized finance (DeFi) applications. It specifically aims to provide infrastructure for decentralized exchanges (DEXs), derivatives, margin trading, and other financial applications.

Key Features:

* Built on Cosmos SDK: Provides fast transaction finality and high transaction throughput (25,000+ TPS).
* Decentralized Order Book: Provides the order book model of traditional exchanges in a decentralized way and is MEV (Miner Extractable Value) resistant.
* Cross-Chain Compatibility: Compatible with other blockchains such as Ethereum, Polkadot, and Solana via bridges.
* Zero Gas Fee (For Some Transactions): Instead of paying network gas fees for each transaction, Injective Exchange users pay standard market maker and taker fees in INJ tokens.
* Governance and Staking: INJ token holders participate in the governance of the platform and can stake to ensure the security of the network.
* Deflationary Mechanism: INJ token has a unique deflationary auction module.
Price History and Performance:
INJ has experienced significant price fluctuations in the past. For example, while its price has decreased by over 50% in the last year, it has increased by over 40% in the last month. The general volatility of the cryptocurrency market also affects the INJ price.
Price Predictions:
Price predictions are variable due to the nature of the cryptocurrency market and are not definitive. However, some sources have made various estimates about the future price of Injective:

* For 2025: Some estimates indicate targets ranging from $9.72 to $75, while the average expectation is around $11-$16.

* For 2030: Longer-term estimates have a wide range, ranging from $11.59 to $200.

This information can help you understand the basic features of Injective (INJ) and the current market situation.