inj
Injective Protocol is a decentralized blockchain network designed to provide a fast, scalable, and fully decentralized financial infrastructure. It enables the creation of DeFi applications, prediction markets, and innovative financial tools that are interoperable across multiple blockchains.
This coin is available on Newton.
INJ is the native token of the Injective blockchain, serving various purposes such as staking, governance, and securing the network. Its design facilitates community participation and supports the ecosystem’s operations.
Developed by Injective Labs, the platform focuses on creating a decentralized cross-chain bridging infrastructure, allowing seamless asset transfers and interactions between blockchains. This interoperability sets Injective apart from other blockchain networks.
The Injective blockchain supports a range of use cases, including lending protocols, crypto trading, and building fully decentralized marketplaces. It serves as a hub for financial innovation in the broader crypto market.
With a capped supply of 100 million INJ tokens, the current market cap of Injective is influenced by its adoption and the injective protocol price readily available in the market. This scarcity adds value and supports its long-term utility in the ecosystem.
Injective Protocol is a decentralized blockchain network that uses a Tendermint-based consensus mechanism to achieve high-speed transactions and security. It supports core financial infrastructure primitives like trading, lending protocols, and DeFi applications.
The platform offers decentralized cross-chain bridging infrastructure, enabling users to transfer assets across different blockchains effortlessly. This cross-chain compatibility ensures interoperability and increases its utility within the broader crypto market.
Developed by Injective Labs, the blockchain features a fully decentralized architecture for crypto trading, prediction markets, and other DeFi tools. This decentralized approach eliminates intermediaries and provides trustless interactions.
Users can participate in Injective trading with a robust on-chain order book and innovative tools designed to enhance efficiency and reduce costs. These features attract developers and traders looking to build or use advanced DeFi platforms.
Governance is also an integral part of Injective, as INJ token holders can propose and vote on updates to the protocol. This community-driven approach helps shape the evolution of the Injective blockchain based on user input.
The current price of Injective (INJ) is influenced by the fully diluted supply and market activity. Here’s a breakdown:
INJ is used within the Injective protocol for various essential functions. Here’s how it’s utilized:
Injective markets can be tracked across multiple platforms that support INJ trading. Here’s how:
The circulating coins of INJ have a significant impact on its price. Here's why:
Injective Protocol is a versatile blockchain network, enabling users to create DeFi applications like lending protocols, prediction markets, and crypto trading platforms. Its design allows for the development of innovative financial products.
The platform's decentralized cross-chain bridging infrastructure makes it ideal for transferring assets between blockchains, enhancing liquidity and interoperability in the crypto market. This feature unlocks seamless integration across ecosystems.
Injective also supports fully decentralized marketplaces, where developers can build financial infrastructure for trading derivatives, spot assets, or lending services. These tools create new opportunities for financial innovation.
Governance and staking are central to its utility, as INJ is the native token used for securing the network and participating in decision-making processes. This creates a sustainable, community-driven blockchain ecosystem.
By facilitating advanced DeFi applications and enabling cross-chain interoperability, Injective is valued as a leading solution for decentralized financial infrastructure in the rapidly evolving blockchain space.
Injective Protocol was co-founded by Eric Chen and Albert Chon, with the vision of creating a decentralized blockchain network that offers cross-chain compatibility and innovative financial tools. They aimed to redefine the financial infrastructure for the crypto market.
In its early stages, Injective Labs raised funding from notable investors, including Pantera Capital, showcasing the project’s potential in the blockchain space. This funding allowed for the rapid development of its decentralized ecosystem.
The project gained momentum with the launch of its testnet and later its mainnet, which introduced advanced features like lending protocols, prediction markets, and Injective trading. These launches marked significant milestones for the Injective blockchain.
With a capped amount of coins at 100 million INJ tokens, the Injective Protocol price has reflected its growing adoption and innovation. Its current market cap signifies its importance in the blockchain and DeFi landscape.
Today, Injective Labs continues to expand the ecosystem by developing tools for DeFi applications and forming partnerships, contributing to the growth of Injective Protocol within decentralized finance.
The price history of Injective (INJ) shows the token's price movements over time. Here's what to consider:
INJ plays a role in various forms of financial markets through the Injective protocol. Here's how:
The circulating supply of INJ is crucial in determining the price today. Here's why:
Injective tokens can be safely stored in private wallets or in Newton. Whether you’re holding for the long term or waiting for Injective to hit an all-time high, proper storage safeguards your investment.
You can stake Injective through Ledger Live or Trust Wallet by selecting your account, choosing a validator, and confirming the stake. Staking can provide rewards through blockchain inflation and transaction fees.
Injective tokens can be used with merchants or services accepting cryptocurrency payments. Using INJ as currency integrates the utility of digital assets into everyday financial transactions.
Sending Injective tokens is fast and cost-effective, thanks to the blockchain’s efficiency. With 1 INJ sent almost instantly, transactions reflect the speed and reliability of decentralized technology.
Supporting causes through cryptocurrency donations is seamless with Injective. By donating to INJ, you can contribute to global initiatives while benefiting from transparent valuation tied to the live market.
Swapping Injective for other cryptocurrencies like Ethereum or Bitcoin is easy on platform that supports INJ swapping, providing flexibility for portfolio diversification according to market trends, including tracking price movements over the last 24 hours.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
Buying Injective directly from individuals or unregulated crypto exchanges poses challenges such as fluctuating crypto prices and security concerns. These transactions lack transparency and do not provide access to tools like live charts or insights into Injective’s total market value, making them less ideal.
A regulated platform like Newton offers a safe, streamlined way to buy Injective in Canada. Newton provides access to real-time cryptocurrency prices, market capitalization data, and live charts, helping you make informed decisions. With simple funding options and support for over 70+ cryptocurrencies, Newton caters to both novice and seasoned traders.
Newton offers competitive pricing for Injective, providing good value for traders. With transparent access to Injective’s cryptocurrency price and live charts, users can make data-driven decisions.
Newton emphasizes security with multi-factor authentication and anti-phishing measures, safeguarding both your account and Injective assets. Features like device monitoring further enhance the platform’s reliability.
Newton makes it affordable to buy and sell Injective, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
Whether on desktop or mobile, Newton provides easy access to Injective’s highest price and all-time high metrics. Stay connected to the market and manage your tokens on the go.
Newton’s intuitive interface simplifies tracking Injective’s total market value and live updates. New and experienced users alike enjoy seamless navigation while managing their INJ holdings.
Newton is designed to serve Canadian traders with localized features like CAD integration, providing real-time cryptocurrency prices tailored for the Canadian market.
To get started with Injective (INJ), the first step is setting up an account on Newton, a trusted Canadian cryptocurrency platform. Simply provide your details and complete the verification process. Once done, you’ll have access to the platform, making it easy to buy INJ and explore other digital assets.
Before you can start trading, you’ll need to fund your account. Newton supports convenient payment methods like Interac e-Transfer and wire transfers, allowing you to deposit funds in CAD quickly. This straightforward process helps you get started with managing your investments and purchasing Injective.
After your account is funded, you’re ready to purchase INJ. Newton offers a hassle-free experience for buying Injective, along with other popular cryptocurrencies. Use the live price chart to keep an eye on the current market trends and make informed decisions when purchasing INJ.
On the platform, locate and select Injective (INJ) from the list of available cryptocurrencies. INJ is a key asset in the Injective Protocol ecosystem and can be purchased alongside major cryptocurrencies like Bitcoin and Ethereum.
Decide how much INJ you’d like to buy—either by specifying the amount in INJ or its equivalent value in CAD. Whether you’re testing the waters with a smaller purchase or going for a larger investment, Newton makes it simple to tailor your strategy.
Review your order and confirm the purchase. Once completed, the INJ will be added to your account. From there, you can securely store it or transfer it as you explore trading and other opportunities within the Injective ecosystem.
Using a personal wallet gives you full control of your Injective (INJ) tokens, but managing private keys is entirely your responsibility. While it offers more privacy, your security depends on how carefully you protect those keys—any slip-up could put your assets at risk.
You can keep your INJ secure in Newton! Newton takes the stress out of security with features like multi-factor authentication, login history tracking, and anti-phishing codes to protect your Injective (INJ) tokens. You can easily manage trusted devices and add a trusted contact for extra peace of mind, making Newton a smarter and safer way to handle your INJ.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Injective, please see our Asset Statement.