Solana

Injective

Cosmos

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Upbit announced that it will list Injective (INJ) today.</li> 
 <li>Following the announcement, INJ’s price surged significantly.</li> 
</ul> 
<p>The South Korean crypto exchange Upbit announced that it will list Injective (INJ) later today.</p> 
<p>The exchange revealed in the official notes that the transaction start time is scheduled at 18:15 on October 17, and the supported markets are KRW and USDT.</p> 
<p>The team at Injective also posted a<a href="https://x.com/injective/status/1846838614828687390" rel="nofollow" target="_blank"> message</a> via X to mark the event, highlighting that millions of new users can now access the native INJ token using the Korean fiat pair KRW.</p> 
<p>Following the exchange’s<a href="https://upbit.com/service_center/notice?id=4562" rel="nofollow noopener" target="_blank"> announcement</a>, INJ’s price surged significantly.</p> 
<h2 id="inj-price-surges-following-upbit-listing-announcement">INJ Price Surges Following Upbit Listing Announcement</h2> 
<p>INJ’s price surged above $23, following the exchange’s listing notes, seeing a rise in price of over 11% in the past 24 hours.</p> 
<figure id="attachment_51914" aria-describedby="caption-attachment-51914" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3.jpeg"><img loading="lazy" decoding="async" class="wp-image-51914 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3.jpeg" alt="INJ price in USD today" width="1200" height="800" title="INJ Price Surges by 11% Following Upbit Listing Announcement 23" srcset="https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/10/INJ_1D_graph_coinmarketcap-3-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-51914" class="wp-caption-text">
  INJ price in USD today
 </figcaption>
</figure> 
<p>At the moment of writing this article, INJ is trading above $22, up by over 5% in the past 24 hours. The coin’s market cap is now at over $2.1 billion.</p> 
<p>During the past week, INJ had a volatile trajectory, hitting a price dip of $18.6 on October 10, and reaching levels above $22 on October 15, ahead of today’s notable price spike.</p> 
<h2 id="what-is-injective-inj">What is Injective (INJ)?</h2> 
<p>Injective is an interoperable L1 blockchain powering next-gen DeFi apps, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.</p> 
<p>Injective offers powerful core financial infrastructure primitives that applications leverage including a fully decentralized MEV-resistant on-chain orderbook.</p> 
<p>The decentralized cross-chain bridging infrastructure is compatible with the following blockchains:</p> 
<ul> 
 <li>Ethereum</li> 
 <li>IBC-enabled blockchains</li> 
 <li>Non-EVM chains such as Solana</li> 
</ul> 
<p>Injective also provides a next-gen, smart contract platform based on CosmWasm, focusing on security, performance, and interoperability, with advanced interchain capabilities.</p> 
<p>Injective is custom-built with the Cosmos SDK and uses the Tendermint-based PoS consensus mechanism, offering instant transaction finality with the ability to sustain over 25,000 TPS.</p> 
<p><a href="https://crypto.ro/en/cryptocurrencies/injective/">INJ</a> is the native utility and governance token of Injective.</p>

INJ Price Surges by 11% Following Upbit Listing Announcement

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