Injective’s INJ Staking Hits Record High, Tops 58.8 Million Tokens
JH Kim
Summary
- The staking amount of INJ, the native token of layer-1 blockchain Injective (INJ), has reached a record high.
- The total has climbed to more than 58.8 million INJ staked on-chain.
- This milestone lifted the amount of INJ tokens deposited on the Injective network to an all-time high.
Forecast Trend Report by Period
Injective’s native token, INJ, has reached a record level of staking on the layer-1 blockchain network.
Cointelegraph reported on September 7 that more than 58.8 million INJ tokens are currently staked on-chain.
Staking involves depositing crypto holdings into a blockchain network to participate in operating and validating the network.
The latest milestone lifted the amount of INJ deposited on the Injective network to an all-time high.
JH Kim
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