Найти в Дзене
Монетный двор

Injective Tests EVM Compatibility for Smart Contracts: Is INJ the Best Crypto to Buy Now

Injective Tests EVM Compatibility for Smart Contracts: Is INJ the Best Crypto to Buy Now? Injective Protocol tests EVM compatibility for Ethereum smart contracts to run natively. After SBET and stock tokenization, is INJ crypto ready for a 130% rally? Crypto prices are stable Crypto prices are stable, flatlining over the weekend but emerging strongly, closing above $4 trillion. Bitcoin’s dominance is below 60%, but Ethereum is gaining traction and is now one of the best cryptos to buy. With hundreds of millions of dollars funneled into the second-most valuable coin, the altcoin season is imminent. Injective and INJ As of July 28, INJ is steady, up nearly 20% from Friday, July 25. Over the weekend, prices ticked higher, reversing losses from last week, placing bulls in a strong position to break $16 in a bullish breakout formation. Should buyers succeed, fully reversing losses from July 23, it could set a strong foundation for INJ to soar back to December 2024 highs of around $35. I

Injective Tests EVM Compatibility for Smart Contracts: Is INJ the Best Crypto to Buy Now?

Injective Protocol tests EVM compatibility for Ethereum smart contracts to run natively. After SBET and stock tokenization, is INJ crypto ready for a 130% rally?

Crypto prices are stable

Crypto prices are stable, flatlining over the weekend but emerging strongly, closing above $4 trillion. Bitcoin’s dominance is below 60%, but Ethereum is gaining traction and is now one of the best cryptos to buy. With hundreds of millions of dollars funneled into the second-most valuable coin, the altcoin season is imminent.

Injective and INJ

As of July 28, INJ is steady, up nearly 20% from Friday, July 25. Over the weekend, prices ticked higher, reversing losses from last week, placing bulls in a strong position to break $16 in a bullish breakout formation.

Should buyers succeed, fully reversing losses from July 23, it could set a strong foundation for INJ to soar back to December 2024 highs of around $35. If it happens, INJ crypto will be among the next 1000X cryptos to consider.

From current rates, this would represent an uptick of approximately 130%, a massive boost for INJ, whose developers have been actively building and refining the platform’s offerings.

Launch of EVM Environment in Testnet

Last week, Injective developers announced a pivotal step in their quest to create not only a high-performance product but also one that is interoperable with the first smart contracts platform.

In a post, they said they had successfully tested an EVM environment on Injective that, once deployed on the mainnet, would allow Ethereum-compatible smart contracts to run natively on its rails.

This deployment means Injective will eliminate the need for cross-chain bridges or rollups, allowing DeFi protocols seeking to run on Ethereum to concurrently operate on Injective, taking advantage of its low fees and high scalability.

Injective Leads the RWA Tokenization Charge

Besides building, Injective Protocol launched the SBET stock on the mainnet after releasing the first on-chain Digital As...

Не является инвестиционной рекомендацией.

Читать далее