Injective (INJ) surged more than 12% to $3.84, marking one of its strongest single-day performances in recent weeks, as bullish momentum returned to select altcoins.
According to market data from CoinMarketCap, 24-hour trading volume rose to $147.6 million, reflecting a 7.29% increase and signaling growing market participation. Over the past seven days, INJ has advanced 17.51%, underscoring a steady shift in sentiment.
The rally unfolded amid improving conditions across the broader cryptocurrency market, with Bitcoin holding key support levels and traders rotating capital into high-conviction assets.
Against this backdrop, Injective emerged as a standout performer, supported by a combination of technical breakout patterns, network upgrades, and fresh capital inflows.
Renewed Buyer Dominance Confirmed
According to crypto analyst Third Eye, INJ decisively broke above the $3.38–$3.40 resistance zone, which had repeatedly capped price advances in previous sessions. This level has now flipped into near-term support, a classic bullish indicator.
The move followed prolonged consolidation after price established a demand base near the $2.92 region, where buyers absorbed heavy selling pressure. Subsequent accumulation and tightening price action signaled seller exhaustion, setting the stage for the breakout.
The bullish impulse carried INJ toward the $3.85–$4.00 range, confirming renewed buyer dominance. Analysts are now monitoring upside targets at $4.50, $5.00, and $5.50, contingent on price holding above the $3.38 support zone. Failure to sustain this level could prompt a corrective pullback toward the $3.00–$2.92 demand region.
Injective Rally Signals Shifts in Crypto Market
Injective’s rally reflects broader shifts in crypto market positioning. As volatility stabilizes, traders have begun reallocating capital toward fundamentally strong altcoins.
Rising liquidity, expanding participation, and improving technical signals suggest that the current move may be structurally supported rather than a short-term speculative bounce.
The token’s performance also coincides with improving macro sentiment, as investors anticipate easing monetary pressures and expanding regulatory clarity across major jurisdictions. These factors have collectively contributed to improved risk appetite in digital asset markets.
Beyond technical momentum, Injective’s outlook received a fundamental boost from a recently approved mainnet upgrade.
The update is designed to enhance execution efficiency, improve validator coordination, and strengthen overall network performance, key attributes for a high-throughput decentralized finance infrastructure.
Additionally, Pineapple Financial disclosed a $2 million strategic allocation into INJ. While modest relative to overall market capitalization, such treasury-style investments often serve as confidence signals, reflecting longer-term conviction rather than short-term speculation.
The alignment of technical strength, protocol development, and visible capital deployment has reinforced expectations of sustained momentum.
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