Injective Surges 3.49% Amid Interoperability Milestone and Ecosystem Growth

Injective (INJ) has seen a significant swing in its price over the last ~46 hours, rising by 3.49% against a backdrop of fresh interoperability and adoption news.

The catalyst for this surge is the announcement that Cardano (ADA) and Injective are now connected via IBC on testnet, allowing ADA and INJ to move between the two ecosystems.

This milestone marks a significant achievement in interoperability, making Injective the first chain with a live on-chain IBC rail to Cardano.

The IBC testnet news is just one of several positive developments that have been announced recently, including a major mainnet upgrade and real-world trade finance and USDC integrations.