$INJ, the native utility token of Injective, used for governance, token burn auctions and staking, has increased by 7% in the past 24 hours, and currently trading at $8.5703, with inflow of $828.82k, as per the Gate.io trading chart.
This comes after receiving the proposal that seeks to further amplify the growth of liquid staking on Injective by incentivizing the stINJ pool on Astroport with a nominal amount of $INJ.