Injective (inj) increases suddenly after approval of the inj 3.0 government proposal

• injective (inJ) increases by 13 % after approval of the inj 3.0 government proposal (IIP-392).
• The IIP-392 proposal reduces the token offer from Inj and increases its value.
• The rise of injective is further supported by the growing interest in AI crypto.

injective (inj) has now developed into one of the outstanding crypto performers and then recorded a significant price increase Governance proposal inj 3.0 .

The cryptocurrency has increased by about 13 % and has reached a 24-hour high of $ 26.62, with a weekly increase of 27 %, which reflects the strong trust of investors in their prospects.

Approval of the Inj 3.0 Governance proposal

Today's increase in the price at Injective is due to the successful adoption of the Inj 3.0 Governance proposal, known as IIP-392, which was supported by the injective community with an approval rate of 99.99 % with an overwhelming majority.

The IIP-392 proposal should drastically reduce the circulating range of inj tokens and make it one of the most deflationary assets in the cryptor room. The deflation mechanism is expected to increase the value of the token over time by reducing the offer while demand may increase - a strategy that has driven the assets in cryptocurrencies in the past.

This governance step does not happen in isolation. This coincides with a broader market trend, especially the enthusiasm for halving Bitcoin, which often arouses interest in other cryptocurrencies, especially in those with significant updates or innovations. The orientation of injective to this event could be seen as a strategic time in order to benefit from the focus of the market on deflationary tokens.

The reaction of the market was overwhelming: the trading volume for Inj rose by 198 % to $ 312.13 million and the open interest for futures rose by +17.67 % to according to Coinglass This not only signals short -term speculation, but also the belief in the long -term promise of value from injective (inj).

The commitment of injective to reduce the token offer by governance, paired with its focus on AI, positions the company at the interface of two extremely sought-after trends in the crypto world.

While the prospects for Inj are still optimistic, caution is required due to the volatility of the cryptocurrency markets.

Investors should pay attention to the successful implementation of the INJ 3.0 plans and at the same time observe the general market mood, which can be influenced by global economic changes or political events such as the possible effects of Donald Trump on technology stocks and cryptocurrencies.