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Injective (INJ) Sees 22% Growth Amid Solana's 10% Drop

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by Giorgi Kostiuk

5 hours ago


Significant changes have occurred in the cryptocurrency market, especially concerning the Injective and Solana projects. Meanwhile, BlockDAG's recent achievements capture attention.

Injective Sees 22% Increase

Injective's total value locked (TVL) grew by 22%, now standing at $165 million. Developer and user confidence appear to be strengthening as activity rises across Injective’s DeFi protocols. INJ is maintaining a base near $27.50, and analysts are keeping a close eye on $28.20 as the next technical breakout.

Solana Drops 10% in a Day

Solana (SOL) experienced a sharp 10% decline, falling from $150 to around $135. This drop erased recent gains and broke through a short-term floor near $138. Market watchers are focused on the $130 area as a critical level for support. Trading volume surged during this movement.

BlockDAG Gains Attention

BlockDAG is shifting from pure crypto utility to mainstream appeal. Following its notable appearance during Inter Milan matches, it is now set for a significant US-based sponsorship. As the project’s price sits at $0.0018, it is on track for a confirmed launch price of $0.05, fostering significant interest.

Sentiment around Injective depends on breaking through the $28.20 level and continued TVL growth. Solana risks slipping further if $130 does not hold. Meanwhile, BlockDAG continues to advance, attracting growing interest.

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