Injective (INJ) Market Update
Injective is currently trading at $4.37, reflecting modest gains over the past 24 hours as the cryptocurrency market shows mixed signals heading into the weekend.
Price Performance
INJ has demonstrated resilience with a +4.61% gain over the last 24 hours and a +3.28% increase in the past hour. However, the token faces headwinds on a longer timeframe, declining -17.93% over the past week, indicating broader market pressure on the asset.
Market Metrics
The token maintains a market capitalization of approximately $436.6 million, with a fully diluted valuation matching that figure given the 100 million token supply is fully circulating. Trading volume reached $133.6 million in the last 24-hour period, demonstrating adequate liquidity for the asset's market cap size.
Risk Assessment
Injective carries a moderate risk profile with a risk score of 52.02 out of 100, while its liquidity score stands at 51.87, suggesting reasonable but not exceptional trading conditions. The token exhibits relatively low volatility at 9.23, indicating price stability compared to broader cryptocurrency market movements.
Network Presence
Injective maintains active development across multiple blockchain ecosystems, with contract deployments on Ethereum, Cosmos, Binance Smart Chain, Secret Network, Osmosis, and Terra 2. The project continues to operate its dedicated blockchain explorer at explorer.injective.network.