Noble Blockchain Migrates to Ethereum, Processing Over $22 Billion in Transactions
- Tech Stack Upgrade: Noble announced its migration from a Cosmos-based blockchain to a standalone Ethereum EVM layer 1, set to launch on March 18, aiming to leverage a better tech stack and wider developer community, thereby enhancing product development efficiency and user experience.
- Significant Transaction Volume: Since 2023, Noble has processed over $22 billion in transaction volume and boasts 30,000 monthly active users, establishing itself as the primary liquidity layer for over 50 blockchains, showcasing its strong influence in the stablecoin and DeFi sectors.
- New Chain Features: The new chain will achieve sub-500 millisecond transaction finality, permissionless smart contract deployment, and dedicated payment lanes prioritizing real-world payment transactions, further enhancing the market competitiveness of its stablecoin.
- Market Trend: Noble's migration reflects a growing trend of crypto projects opting for Ethereum as their infrastructure layer, with similar migrations by FIFA and XRPL last year, underscoring Ethereum's dominant position in the stablecoin and tokenized real-world asset space.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for INJ
Technical Sentiment Analysis for Injective (INJ) As of , Injective (INJ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for INJ stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, INJ is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Injective (INJ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.327 | 1.989 | 2.685 | 3.347 | 4.043 | 4.705 | 5.401 |
| Fibonacci | 1.989 | 2.507 | 2.828 | 3.347 | 3.865 | 4.186 | 4.705 |
About INJ
About the author









