Injective Protocol tests EVM compatibility for Ethereum smart contracts to run natively. After SBET and stock tokenization, is INJ crypto ready for a 130% rally?
Crypto prices are stable
Crypto prices are stable, flatlining over the weekend but emerging strongly, closing above $4 trillion. Bitcoin’s dominance is below 60%, but Ethereum is gaining traction and is now one of the best cryptos to buy. With hundreds of millions of dollars funneled into the second-most valuable coin, the altcoin season is imminent.
Injective and INJ
As of July 28, INJ is steady, up nearly 20% from Friday, July 25. Over the weekend, prices ticked higher, reversing losses from last week, placing bulls in a strong position to break $16 in a bullish breakout formation.
Should buyers succeed, fully reversing losses from July 23, it could set a strong foundation for INJ to soar back to December 2024 highs of around $35. If it happens, INJ crypto will be among the next 1000X cryptos to consider.
From current rates, this would represent an uptick of approximately 130%, a massive boost for INJ, whose developers have been actively building and refining the platform’s offerings.
Launch of EVM Environment in Testnet
Last week, Injective developers announced a pivotal step in their quest to create not only a high-performance product but also one that is interoperable with the first smart contracts platform.
In a post, they said they had successfully tested an EVM environment on Injective that, once deployed on the mainnet, would allow Ethereum-compatible smart contracts to run natively on its rails.
This deployment means Injective will eliminate the need for cross-chain bridges or rollups, allowing DeFi protocols seeking to run on Ethereum to concurrently operate on Injective, taking advantage of its low fees and high scalability.
Injective Leads the RWA Tokenization Charge
Besides building, Injective Protocol launched the SBET stock on the mainnet after releasing the first on-chain Digital Asset Treasury (DAT) last week.
Through DAT, Injective Protocol tokenized the SBET stock, through which SharpLink, a public company, mirrors MicroStrategy’s plan and launches an Ethereum treasury.
The tokenization of the SBET stock transforms SharpLink’s static ETH holdings into 24/7 tradable assets that can also generate yield and be used as collateral in DeFi protocols supported via Injective Protocol’s iAssets.
On Injective, Bondi Finance also introduced tokenized bonds as the DeFi-centric platform increasingly moves toward tokenizing real-world assets.
On Bondi Finance, users can mint bond tokens during the funding phase before trading them on secondary markets. This makes corporate bonds more accessible to retail and institutional investors.
Bitwise CIO Matt Hougan Predicts a New Era for Bitcoin, Forecasts 2026 Rally
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, predicts a crypto boom in 2026. In 2025, crypto prices peaked in January before correcting. BTC ▲0.92% slumped to $75,000, driving some of the top Solana meme coins like TRUMP crypto lower.
Bitcoin Price Analysis
The sell-off was the washout the market needed to flush out speculative 100X leveraged traders across multiple crypto exchanges. After the dip, prices rose, breaching $110,000, before extending gains to $123,000. As of July 28, 2025, prices are at near all-time highs, but bulls need to break above $120,000 and July highs for the uptrend to continue.
Hougan believes this bull run is inevitable, not in 2025 but in 2026. In an interview, the CIO expressed confidence in a major price recovery, stating that 2026 will be an “up year,” with a “sustained, steady boom” for Bitcoin.
BNB Crypto Hits a New All-Time High of $858, Making Binance Co-Founder One Of The World’s Richest Men
BNB crypto, the token that powers both the BNB Smart Chain and Binance, has just reached a new all-time high of $858 after more than a year of sideways trading. BNB surged 6% overnight, reaching its highest price point since its launch in 2017.
Its 30%+ July rally has catapulted BNB back into the crypto top five by market cap, overtaking Solana after weeks of jostling, according to CoinGecko. BNB is now valued at $117 billion, just behind Tether (USDT) in fourth with $163 billion.
CZ’s Net Worth
The recent bullish price action of the BNB cryptocurrency has significantly increased the estimated net worth of Binance founder Changpeng “CZ” Zhao, although the exact figure remains unknown.
According to a 2024 forensic analysis by Forbes, the 48-year-old crypto mogul controls approximately 64% of BNB’s circulating supply, which amounts to about 90 million tokens. This alone places his net worth around $75 billion at current prices.
XRP Price Analysis: Will Short Squeeze or Sell-Off Drive the Next Move?
The XRP price chart looks quiet after an 8.8% downturn last week, but don’t mistake that for stability. After getting rejected at $3.50, XRP ▲1.94% has been trading in a tight band around $3.00–$3.20.
Moreover, Open Interest on Binance just hit an all-time high of $3.9 billion before cooling slightly. That kind of speculative buildup usually precedes fireworks.
Traders Are Betting Against XRP
Data from CoinGlass shows that short positions account for 50.77% of XRP Futures contracts, slightly outpacing longs at 49.23%. Though the Long/Short Ratio remains below 1.0, indicating a bearish tilt.
While more traders are shorting XRP, excessive pessimism can often create the conditions for a short squeeze, especially if price action turns unexpectedly bullish.
Metaplanet Adds 780 BTC to Holdings, Surpasses 17000 BTC Mark
Metaplanet, Asia’s most aggressive Corporate Bitcoin holder, has added more Bitcoins (BTC) to its kitty. The company filed its purchase on July 28, 2025, stating that it had purchased 780 more BTCs, bringing its total holdings to 17,132.
Metapleanet launched its Bitcoin Treasury Operations in December 2024 and has since been hard at work acquiring BTCs using proceeds from capital market activities and operating income. Case in point, just a month ago, Metaplanet had 13,350 BTCs, as opposed to its 17,000-plus today.
Не является инвестиционной рекомендацией.