Search results for INJ
Crypto
Cardano optimism holds despite correction, focus on ETF and DeFi expansion
Cardano investors are maintaining optimism despite a recent pullback in ADA, focusing on catalysts such as potential spot ETF eligibility, DeFi growth, scalability upgrades and stronger links to Bitcoin DeFi. Grayscale’s withdrawal of an S-1 filing was a short-term negative, but Cardano is seen as meeting a key requirement in a simplified SEC review framework. The community is also backing interoperability initiatives and DeFi funding, while founder Charles Hoskinson highlighted potential TVL growth.
Crypto
Cardano tests two-way ADA, INJ transfer with Injective in first step toward broader interoperability
Cardano has launched its first live on-chain inter-blockchain communication (IBC) connection with layer-1 blockchain Injective on a testnet, enabling users to send ADA to Injective and move INJ back to Cardano. The Cardano Foundation and Injective called it the start of a new era of interoperability but said it remains experimental. The setup supports only Cardano Preprod and the Injective testnet using valueless test tokens.
Crypto
Which altcoins will lead in June? Claude picks three \'promising\' coins
Bitcoin briefly fell below $73,000 on May 28, dragging major altcoins lower. Market liquidations grew as ETF outflows and geopolitical tensions combined, BeInCrypto reported. Against that backdrop, Anthropic’s AI chatbot Claude selected Near Protocol, Injective and Worldcoin as altcoins to watch in June. The report said the three share a medium-term uptrend with a short-term pullback, but differ in structure, with supply dynamics a key risk for Worldcoin.
