Injective Price Prediction: INJ 3.0 Upgrade Reduces Token Supply

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Injective (INJ) price continues its upward trajectory, surging past $26 on Tuesday after gaining over 25% in the previous week. The recently announced INJ 3.0 upgrade focuses on significantly reducing token supply, potentially fueling further bullish momentum. On-chain metrics further support this optimism, with Total Value Locked (TVL) and Open Interest (OI) both showing notable increases.

Key Highlights


INJ 3.0 Upgrade: A Game-Changer for Tokenomics

The governance proposal for INJ 3.0 passed on Sunday with 99.99% community approval, marking a pivotal shift in Injective’s tokenomics:

"INJ 3.0 will drastically reduce token supply, positioning INJ as one of the most deflationary assets long-term."
— Injective (@injective)

Implications:


Price Analysis: Bullish Signals Dominate

Technical Indicators:

📈 INJ/USDT Daily Chart


On-Chain Metrics Fuel Optimism

1. Open Interest (OI)

2. Total Value Locked (TVL)

🔗 Data Sources: Coinglass | DefiLlama


FAQ: INJ 3.0 & Market Outlook

Q: How does INJ 3.0 reduce token supply?

A: The upgrade caps new issuance until 2026, creating artificial scarcity.

Q: What’s driving INJ’s price surge?

A: Combine deflationary upgrade, technical breakout, and institutional OI growth.

Q: Could INJ hit $35 soon?

A: If bullish metrics persist (e.g., TVL > $70M), $31–$35 is plausible.

👉 Explore crypto market trends for deeper insights.


Macro Context: Crypto & Global Markets

📌 Watch July’s non-farm payrolls for potential market volatility.


Final Thoughts

INJ’s price-action and fundamentals align for continued growth. The 3.0 upgrade cements its deflationary edge, while on-chain data validates investor interest. For traders, $26–$31 is the key range to watch.

👉 Stay ahead with real-time analytics on INJ and other top assets.


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