While much of the market retraced in May, capital continued to flow toward protocols with strong fundamentals. $INJ surged 87%, driven by two key catalysts: • Native Circle integration, strengthening access to institutional-grade on-chain liquidity. • The Vulcan network upgrade, enhancing scalability, performance, and developer capabilities. The market is increasingly rewarding infrastructure that combines real utility, deep liquidity, and continuous innovation. As DeFi matures, Injective continues to position itself at the intersection of traditional finance and blockchain technology.
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