According to the post, the platform encountered an astonishing 126% average active address growth, ranking Injective to be top 1 in the metric outpacing the likes of Sei, Ethereum, Base, and Solana. Top Blockchains by Average Active Addresses Growth (7D) No need for words, just don’t fade this, nINJas! 🚀#Injective $INJ pic.twitter.com/rAITgiAkTU — INJ Hub 🥷 (@Injective_Hub) October 3, 2024 This month, investors and traders should expect more users in the coming weeks as Injective enters into a partnership with Caldera, an Ethereum roll-up platform, becoming a part of Metalayer.
This will enable a new generation of interoperability for the participating blockchains and Injective, introducing the platform to new users on Metalayer. Injective Poised For Higher Levels As of writing, INJ is trading on a green candle as the bulls attempt to break through the $19.94 resistance level in the short term which might be the sign investors and traders are waiting for in the coming days.
Although the losses for investors and traders are painful, continued developments like these will stabilize the shaken investor confidence in both Injective and the token. Network Metrics Show Stable Growth October started wonderfully for Injective as the platform announced that the network had processed a whopping 1 billion total transactions.
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