Filecoin (FIL) and Injective (INJ) Look To Gain Alongside Market Sentiment, But Investors Rally On NuggetRush Presale
Filecoin’s (FIL) network activity is on the rise following a recent mega partnership. Injective has crossed a new transaction processing milestone. Still, NuggetRush (NUGX) is establishing its name in the gaming industry after raising over $2.3 million in its presale. Many gamers have fallen in love with its P2E mining adventures. Yet, can NUGX become one of the top crypto coins? Join the conversation.
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On February 16, 2024, Filecoin (FIL) announced a partnership with Solana. The partnership will allow Solana to use Filecoin’s technology to ease accessibility to block data history. This would boost usability for explorers, indexers, and people who need historical access to blocks.
Excitement around the partnership could help boost Filecoin’s (FIL) market performance. FIL traded at $5.9249 on January 15. It fell by 16.0% to $4.9723 by February 1. FIL increased by 12.5% to $5.5943 on February 14 before another 12.1% pump to $6.2755 on February 18.
Analysts say the launch of Pyth Feeds could boost on-chain markets on Filecoin (FIL). Furthermore, they expect Filecoin (FIL) to get access to other DeFi markets through Pyth Feeds integrations. This could spur increased DeFi activity on Filecoin, pushing FIL’s value up by 12.7% to $7.0742. Filecoin could also become one of the top DeFi projects due to its recent partnerships.
The growing network activity on Injective (INJ) is causing excitement within its community. On February 19, 2023, Injective (INJ) announced that it had processed over 450 million on-chain transactions. The announcement came after Injective (INJ) celebrated increased network activity and transaction fees over the past twelve months.
News of Injective’s improved network performance comes
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