Kava

Ethereum

Injective

Cosmos

Rise

<ul>
 <li><strong>Injective integrates with the Kava Network to enhance access to stable assets such as USDt.</strong></li>
 <li><strong>INJ surged over 94.5% in the past month, hitting a 17-month high at $15.72.</strong></li>
</ul>
<p>Injective (INJ) has displayed a significant surge of over 517% in the past year, reaching a 17-month high of $15.72. This price rally comes in the wake of a strategic collaboration with the Kava Network, aiming to expand access to stable assets like USDt.</p>
<div align="center">
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Injective has officially integrated <a href="https://twitter.com/KAVA_CHAIN?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@KAVA_CHAIN</a> to expand access into stable asset interoperability for tokens such as USDt.</p>
  <p>Now native Kava USDt can be utilized across the Injective ecosystem with <a href="https://twitter.com/search?q=%24KAVA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$KAVA</a> rewards distributed to users!<a href="https://t.co/SnVZTgSjsV" rel="noopener noreferrer nofollow">https://t.co/SnVZTgSjsV</a></p>
  <p>— Injective <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Injective_) <a href="https://twitter.com/Injective_/status/1720025502814195833?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 2, 2023</a></p>
 </blockquote>
 <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
</div>
<p>Kava recently announced a partnership with the <a href="https://thenewscrypto.com/usdt-stablecoin-issuer-tether-plans-real-time-reserve-transparency/" target="_blank" rel="noopener noreferrer nofollow">Tether</a> Foundation, solidifying its plans to natively issue USDt tokens within the broader Cosmos ecosystem. This development has set the stage for an exciting collaboration between Kava and Injective.</p>
<p>One of the key features of this collaboration is the direct Inter-Blockchain Communication (IBC) bridging of USDt from Kava into Injective. This integration promises to enhance liquidity and accessibility within the Injective <a href="https://thenewscrypto.com/injective-integrates-with-polygon-for-enhanced-composability/" target="_blank" rel="noopener noreferrer nofollow">ecosystem</a>. Additionally, the Kava community has shown its support by approving a governance proposal designed to incentivize the usage of USDt on Injective, rewarding participants with Kava tokens.</p>
<p>Injective, an open and interoperable layer-one blockchain, empowers DeFi with <a href="https://thenewscrypto.com/injective-protocols-avalon-mainnet-upgrade-boosts-defi-standards/" target="_blank" rel="noopener noreferrer nofollow">innovative applications</a>, including decentralized exchange infrastructure and oracles. Kava Network, a fast and secure Layer-1 blockchain, combines Cosmos SDK speed with Ethereum Virtual Machine versatility.</p>
<h2 class="wp-block-heading" id="injective-inj-on-the-rise">Injective (INJ) on the Rise</h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/utO9UGA7SVdBiRWv-KzEavXW6RSBX7n-ePh_suAjhcW97b7Gjnt2-A_cf76z4CmdIE6FR9L2MuIqAALOf5gIRlM4_-gTOuGFEinDfcBg-Ynz7YUDruvTuMtjzX6AehD4_Ul05cu97NNiznEzRi2phQ" alt="">
  <figcaption class="wp-element-caption">
   Injective (INJ) Price Chart (Source: <a href="https://www.tradingview.com/symbols/INJUSDT/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
  </figcaption>
 </figure>
</div>
<p>At the time of writing, the price of Injective (INJ) stands at $15.17, reflecting an 8% increase in the last 24 hours and a 29% surge over the past week. With the integration of Kava and the backing of the Tether Foundation, Injective appears to be well-positioned for continued growth and innovation in the decentralized finance space. On the other hand, the Kava (KAVA) price also soared over 6% in the last 24 hours to $0.6994.</p>

Injective (INJ) Surges Over 517% with Kava Integration

Table of Contents

TheNewsCrypto

Other articles published on Nov 2, 2023

Bavarsis: Redefining Investment in the Modern Age (2 Nov)

Prediksi Harga DOGE Akhir November, Masih "Digeber?"

Can Dogecoin (DOGE) And Shiba Inu (SHIB) Fetch More Gains Amidst Crypto Rally?

Ethereum at a Three-Month High. Time to buy ETH?

XRP Hits $0.6 In Unstoppable Surge: How High Can It Go This November?

MicroStrategy Expands Its Bitcoin Portfolio: 3rd Quarter Reports Released!

Join our free newsletter for daily crypto updates!