Several analysts are pointing to INJ as an appealing altcoin for investment in the near future, considering its significant value increase of over 3000% in 2023 during the highly anticipated crypto bull run. The positive sentiments surrounding INJ have been further bolstered by a string of favorable developments within the Injective network. Notably, Injective achieved a new milestone by recording an impressive 2.4 million transactions in a single day, establishing a fresh daily transaction record for the Layer-1 network.