Injective and ASI Unleash AI for On-Chain Finance Evolution

• Injective and ASI activate AI interoperability, advancing on-chain decentralized AI development.
• New FET token access in Injective boosts AI-driven DeFi capabilities across its ecosystem.

Injective, in collaboration with the Artificial Superintelligence Alliance (ASI), has officially activated interoperability rails, marking a significant step forward in the integration of AI and blockchain technology in on-chain finance.

Injective and ASI Set to Revolutionize DeFi with Advanced AI Integration

This cooperation opens the path for a new age whereby Artificial Superintelligence (ASI) and decentralized Artificial General Intelligence (AGI) will be developed and included in the Injective ecosystem.

Now totally in line with Injective’s architecture, the ASI Alliance seeks to drive the acceptance and development of AGI and ASI in decentralized apps (dApps) and finance.

1/ AI Finance has arrived on Injective

Injective and the Artificial Superintelligence Alliance (ASI) have officially activated interoperability rails, marking a new era of AI-enabled on-chain finance.

Learn more about what’s to come: pic.twitter.com/jAXhBMSuhq

— Injective (@injective) November 7, 2024

This shift is in line with a larger trend underlined by PwC, which forecasts artificial intelligence to contribute over $15 trillion to the global economy by 2030, hence possibly raising local GDPs by 26%. Using AI to maximize efficiency and improve capabilities inside its decentralized finance (DeFi) ecosystem, Injective stands prepared to be essential as AI progressively shapes several industries.

For the user base of Injective, this integration creates fresh chances to interact with the native token, FET, across native dApps like Helix. With the FET token access, users can leverage autonomous agent capabilities and powerful AI-driven features, thereby building a strong ecosystem whereby artificial intelligence meets DeFi.

The availability of these AI tools helps developers to create fresh, AI-enhanced strategies and improve their current products on the Injective platform, therefore fostering innovation.

Previously, CNF had reported that Japan’s NTT Digital had joined Injective as a validator, furthering its role in blockchain and expanding into the Web3 space.

INJ Token Gains Market Momentum with Promising Bullish Signals 

Beside that, the injective token (INJ) itself is seeing a positive market view in the meantime. Popular analyst Captain Faibik claims INJ lately breakout from a Bullish Flag pattern, suggesting possible for a notable price rally.

Source: Captain Faibik on X

Investors have taken notice of Faibik’s estimate that INJ would rise to $66 in the midterm should momentum remain constant.

Meanwhile, INJ is trading about $22.26 at the time of writing, up 6.06% over the last 24 hours and putting its market cap above the $2 billion mark.