Why INJ faltered above $17.50 despite Injective’s breakthroughs

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Why INJ faltered above $17.50 despite Injective’s breakthroughs
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Injective is leading on-chain revolution by offering a tokenized index that democratizes access to a BlackRock-managed fund.

Both retail and institutional investors can trade the perpetual index market that tracks the BUIDL Fund’s supply changes., has introduced a groundbreaking tokenized index for the BlackRock USD Institutional Digital Liquidity Fund.This supply of BUIDL tokens directly relates to the price of the index perpetual, i.e., when the supply increases or decreases, the index price rises or falls, respectively.

The introduction of the BUIDL Index, which is powered by open data marketplace Stork, marks a pivotal moment in the evolution of on-chain finance.

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