Crypto Market Pulse: INJ Up, ETH Down, AVAX Surges

By Coin Edition
29 days ago
ETH BULLISH INJ KDA AVAX
  • Injective’s recent upgrades have significantly improved blockchain speed, enhancing its scalability and performance.
  • Ethereum’s derivatives market reveals high liquidation rates for long positions, highlighting increased market volatility.
  • Avalanche’s derivatives market shows bullish sentiment with rising trading volume and a strong preference for long positions.

Injective (INJ) is leading the charge with impressive blockchain upgrades, while Ethereum (ETH) experiences a slight price dip. Kadena (KDA) and Brett (BRETT) also see price decreases, while Avalanche (AVAX) bucks the trend with positive gains. Let us break down the latest cryptocurrency market activity with their corresponding trading volumes.

Injective’s recent upgrades have significantly boosted its blockchain scalability, reducing block times to an impressive 0.65 seconds. This makes it one of the fastest layer 1 blockchains in the market. Currently, INJ is trading at $18.46, reflecting a slight 0.38% dip in the past 24 hours.

Source: Coinglass

Trading volume over the last 24 hours reached $58,569,854, contributing to a market cap of $1,802,172,729. There are currently 97,622,780 INJ co…

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