Injective Nears Historical Peak Amidst Strong Partnerships<\/strong><\/h2>\nThe interoperable Layer-1 blockchain, which facilitates the operation of decentralized finance apps (DApps) in the future generation, is approaching its historical peak value of $31.40, positioning it as one of the top-performing cryptocurrencies in the current year.<\/p>\n
Prominent blockchain protocol Injective<\/a> has the support of Dallas Mavericks owner and billionaire Mark Cuban.<\/p>\nAt the time of writing, INJ was trading at $13.55,<\/a> and registered a solid 59% increase in the last week, according to figures by crypto market tracker Coingecko.<\/p>\n![\"\"](\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-122.png?resize=1010%2C55\")
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Source: Coingecko<\/pre>\nThe price range of Injective hit a peak value of nearly $12.8 during a 24-hour period. This represents the highest value observed in almost two years. The rise in the value of the token cannot be attributed entirely to the recent surge in Bitcoin prices.<\/p>\n
The increase is also influenced by Injective’s efforts to strengthen its position in the market through its relationship with Google and the introduction of a new product by Helix exchange.<\/p>\n
Unlike other blockchains like Ethereum, Solana, and Cardano, Injective’s focus is entirely on the financial industry. Provides developers with the tools they need to build dApps for a wide range of financial use cases, from lending and savings to derivatives trading and even oracles.<\/p>\n
The Injective network is notable for its lightning-fast processing speeds and low transaction fees.<\/p>\n
\n1\/ Introducing Injective Nexus: Injective’s official data integration & availability on Google Cloud.<\/p>\n
Now core chain data from the Injective network will be accessible in BigQuery through the Analytics Hub, Google Cloud’s exclusive data sharing platform.https:\/\/t.co\/V5gOyvAQe2<\/a><\/p>\n\u2014 Injective \ud83e\udd77 (@Injective_) October 24, 2023<\/a><\/p><\/blockquote>\nRelated Reading: PEPE Price Leaps 90% As Meme Coin Reaches Over 155,000 On-Chain Wallets<\/a><\/div>\n![](\"https:\/\/www.tradingview.com\/x\/EAURlAQK\/\")
INJ market cap currently at $61.11 billion on the daily chart: TradingView.com<\/a><\/pre>\nNexus Integration With Google Cloud Expands Accessibility For Users<\/strong><\/h2>\nThe Injective development team made an announcement last week regarding the integration of “Injective Nexus” with Google Cloud.<\/a> This integration signifies a major development, as it enables the larger mainstream world to access core chain data through the Analytics Hub in BigQuery.<\/p>\nThe Google team said via a blog post:<\/p>\n
\n\u201cGoogle Cloud to date has only offered BigQuery datasets for major blockchain networks like Bitcoin and Ethereum […] now, Injective will become part of this prominent group of Layer-1 chains.\u201d<\/h4>\n<\/blockquote>\n
Meanwhile, a bullish trend in the near and medium term is confirmed by a golden confluence in the Exponential Moving Averages (EMAs) on the daily chart. Moreover, the bullish crossover of the MACD lines supports this optimistic feeling and improves the picture.<\/p>\n
\nOver $400 Million in $INJ<\/a> is now staked making Injective one of the largest L1 networks by staked value \ud83d\ude80<\/p>\n
At the time of writing, INJ was trading at $13.55,<\/a> and registered a solid 59% increase in the last week, according to figures by crypto market tracker Coingecko.<\/p>\n The price range of Injective hit a peak value of nearly $12.8 during a 24-hour period. This represents the highest value observed in almost two years. The rise in the value of the token cannot be attributed entirely to the recent surge in Bitcoin prices.<\/p>\n The increase is also influenced by Injective’s efforts to strengthen its position in the market through its relationship with Google and the introduction of a new product by Helix exchange.<\/p>\n Unlike other blockchains like Ethereum, Solana, and Cardano, Injective’s focus is entirely on the financial industry. Provides developers with the tools they need to build dApps for a wide range of financial use cases, from lending and savings to derivatives trading and even oracles.<\/p>\n The Injective network is notable for its lightning-fast processing speeds and low transaction fees.<\/p>\n 1\/ Introducing Injective Nexus: Injective’s official data integration & availability on Google Cloud.<\/p>\n Now core chain data from the Injective network will be accessible in BigQuery through the Analytics Hub, Google Cloud’s exclusive data sharing platform.https:\/\/t.co\/V5gOyvAQe2<\/a><\/p>\n \u2014 Injective \ud83e\udd77 (@Injective_) October 24, 2023<\/a><\/p><\/blockquote>\n The Injective development team made an announcement last week regarding the integration of “Injective Nexus” with Google Cloud.<\/a> This integration signifies a major development, as it enables the larger mainstream world to access core chain data through the Analytics Hub in BigQuery.<\/p>\n The Google team said via a blog post:<\/p>\n Meanwhile, a bullish trend in the near and medium term is confirmed by a golden confluence in the Exponential Moving Averages (EMAs) on the daily chart. Moreover, the bullish crossover of the MACD lines supports this optimistic feeling and improves the picture.<\/p>\n Over $400 Million in $INJ<\/a> is now staked making Injective one of the largest L1 networks by staked value \ud83d\ude80<\/p>\n<\/p>\nSource: Coingecko<\/pre>\n
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INJ market cap currently at $61.11 billion on the daily chart: TradingView.com<\/a><\/pre>\n
Nexus Integration With Google Cloud Expands Accessibility For Users<\/strong><\/h2>\n
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\u201cGoogle Cloud to date has only offered BigQuery datasets for major blockchain networks like Bitcoin and Ethereum […] now, Injective will become part of this prominent group of Layer-1 chains.\u201d<\/h4>\n<\/blockquote>\n
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