Injective Collaboration Spikes up the Bulls

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Teth­er decid­ed to inte­grate USDt native­ly on Cos­mos in July 2023, using the Kava Chain as a hub. Since then, it has brought acces­si­bil­i­ty and finan­cial sta­bil­i­ty to users and devel­op­ers with­in the Cos­mos ecosys­tem. This has turned some heads towards the Kava chain. This has made many com­mu­ni­ties search for the pos­si­bil­i­ties of col­lab­o­ra­tion with Kava.

Injective’s Collaboration with Kava Chain

Injec­tive, a blockchain on the Cos­mos Layer‑1, has cho­sen Native USDT on the Kava Chain for their Perps trad­ing. The Kava chain is a Layer‑1 blockchain that is fast and secure, com­bin­ing the devel­op­er pow­er of Ethereum with the inter­op­er­abil­i­ty and speed of Cosmos. 

This part­ner­ship between the two plat­forms is expect­ed to offer sig­nif­i­cant ben­e­fits to their users and change the world of DeFi. Kava chain’s capa­bil­i­ties will inte­grate with Injective’s inno­v­a­tive DeFi tech­nol­o­gy to pro­vide ben­e­fits such as improved liq­uid­i­ty, enhanced trad­ing oppor­tu­ni­ties, and cross-chain flexibility.

The choice of Kava chain’s native USDT for Perps Trad­ing uplifts the mutu­al ben­e­fits that this part­ner­ship brings. It is expect­ed to offer users the best of both worlds and enrich the DeFi expe­ri­ence for traders and devel­op­ers. Togeth­er, they are expect­ed to reshape the pos­si­bil­i­ties with­in the decen­tral­ized finance sector. 

What Co-Founders of Both Companies Say About the Collaboration 

Kava Labs’ co-founder and CEO Scott Stu­art expressed his excite­ment over Injective’s selec­tion of the Kava. The part­ner­ship with Injec­tive show­cas­es Kava’s ded­i­ca­tion to pro­mot­ing inno­va­tion and acces­si­bil­i­ty in DeFi. The addi­tion of Injective’s pow­er­ful tools and capa­bil­i­ties is some­thing that Kava users can look for­ward to. 

KAVA Coin Price: Injective Collaboration Spikes up the Bulls

Eric Chen, Injective’s co-founder and CEO, also com­ment­ed on the col­lab­o­ra­tion. He dis­persed his words elab­o­rat­ing on the intro­duc­tion of sta­ble asset inter­op­er­abil­i­ty. He said that this could be a sig­nif­i­cant ben­e­fit for the Injec­tive ecosys­tem. As a leader in the cryp­to indus­try, USDT’s exten­sion of Kava’s offer­ing is a major mile­stone for the community.

Prediction of KAVA Coin Price 

At the press time, the KAVA  coin price is trad­ing at the lev­el of $0.781 after see­ing some cor­rec­tions. The Imme­di­ate resis­tance from the cur­rent lev­el is at $0.848, sim­i­lar­ly, the imme­di­ate sup­port lev­el from the cur­rent lev­el is at $0.729. 

Fur­ther­more, the bulls are serv­ing the 150-day EMA after it made a bull­ish crossover with the 50-day EMA. How­ev­er, the RSI is seen com­ing down after touch­ing the over­bought lev­el of 78. The KAVA coin price pre­dic­tion will be bull­ish as per the cur­rent tech­ni­cal analysis.


Injec­tive, a blockchain on the Cos­mos Layer‑1, has cho­sen Native USDT on the Kava chain for their Perps trad­ing. This part­ner­ship between the two plat­forms is expect­ed to offer sig­nif­i­cant ben­e­fits to their users. The KAVA coin price is surf­ing its EMA at press time and bulls will like­ly lead the price upwards soon. 

Technical Levels

  • Sup­port Lev­els: $0.729 and $0.602
  • Resis­tance Lev­els: $0.848 and $1.033

The views and opin­ions stat­ed by the author, or any peo­ple named in this arti­cle, are for infor­ma­tion­al pur­pos­es only. They do not estab­lish finan­cial, invest­ment, or oth­er advice. Invest­ing in or trad­ing in stocks, cryp­tos or relat­ed index­es comes with a risk of finan­cial loss.'
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