Injective Launches Strategic Council With Google Cloud And Deutsche Telekom
2025-07-12 16:33:09
Main Idea
Injective announces the launch of the Injective Council, a strategic group including major companies like Google Cloud and Deutsche Telekom, aimed at accelerating global asset tokenization and institutional Web3 integration, while its token INJ shows significant price momentum.
Key Points
1. Injective (INJ) has surged 27% since last Wednesday, testing the $12.75–$13 resistance range.
2. The Injective Council includes Google Cloud, Deutsche Telekom, BitGo, Republic, Galaxy, NTT Digital, and Korea Digital Asset Custody (KDAC), focusing on institutional Web3 integration and asset tokenization.
3. Google Cloud provides scalability and infrastructure expertise, while Galaxy and BitGo contribute market and structured product insights.
4. A breakout above $13 for INJ could target $16.65 (100-period SMA) and potentially $20, though the broader trend remains bearish.
5. The Council aims to position Injective as a leading platform for institutional finance and Web3 convergence.
Description
Injective is back in the spotlight after posting a remarkable 27% surge since last Wednesday, joining a broader market awakening as crypto momentum accelerates. The rally comes as Bitcoin hits new all-time highs and altcoins begin to reclaim critical levels, signaling growing investor confidence across the board. However, it’s not just price action fueling Injective’s breakout. On Friday, Injective announced the launch of the Injective Council—a strategic body composed of influential leaders fro...
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