Injective Protocol focuses on providing crypto derivatives. As we discussed in Hegic and Whiteheart reports, this sector off the crypto market is well-positioned to rapidly expand.
The project is built with decentralization in mind, which increases its resilience and improves accessibility. Moreover, it potentially enables Injective to create virtually any type of derivatives without fears of regulatory crackdown.
Although the project is still in the testnet stage, it has a significant growth potential given it’s progress so far. If the team will deliver the full version of the product in time, Injective has a high chance of entering the top-100 projects by the market cap.