Injective (INJ) saw a 13.68% price recovery after defending support near $4.19, rising to about $4.89 with a market cap of $489.67 million. Despite this rebound, top traders on Binance remain largely bearish, holding more short positions than long, signaling skepticism about the rally's strength. Trading volume slightly declined, and derivatives data showed seller dominance despite increased trading activity. If buyers can push INJ above the $5 resistance, the price may reach $5.68 and potentially challenge $7, but failure to do so could lead to another test of support at $4.19.

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Injective's Vulcan upgrade cuts oracle gas costs 90%, boosting EVM smart contract efficiency.

Injective launched its Vulcan upgrade (v1.20.0) between June 4-9, 2026, significantly reducing oracle gas costs by 90% for EVM smart contracts. This upgrade introduces a new oracle engine and a precompile that allows direct on-chain price data access...

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Injective price rebounds 13.68% but top traders remain bearish amid cautious market sentiment

More News (INJ)

Injective's Vulcan upgrade cuts oracle gas costs 90%, boosting EVM smart contract efficiency.

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Injective price rebounds 13.68% but top traders remain bearish amid cautious market sentiment

More News (INJ)

Injective's Vulcan upgrade cuts oracle gas costs 90%, boosting EVM smart contract efficiency.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App