The price of Injective's native token, INJ, fell 7% to $8.15 in a 24-hour period ending October 22. This decline was captured in a specific market snapshot and does not indicate the cause of the drop. Injective operates a monthly Community BuyBack program that uses on-chain revenue to purchase and burn INJ tokens, a recurring effort separate from short-term price movements. The buyback aims to reduce token supply and potentially support long-term value.
Injective (INJ) trades at Rp146.589 on Pluang as of Oct 22, 2026 21:51 WIB, down 5.24% in the last day. The platform shows a market cap of Rp14,59 trillion and a 24-hour trading volume of Rp2,4 trillion, with 77% of order activity being sell orders. This data highlights ongoing selling pressure on INJ, complementing the reported 7% price drop to $8.15 in the news snapshot.
A projection based on trendline analysis suggests Injective (INJ) might reach $100 around 2029, contingent on breaking and retesting the $50–$53 resistance zone. Increased active addresses and developer activity support the token's potential but do n...
Injective (INJ) has burned over 7.27 million tokens through its Burn Auction and Community BuyBack programs, with the latest burn of about 29,246 INJ completed on September 30. Despite these burns, the total supply increased to nearly 123 million INJ...
Injective (INJ) price fell 9.34% to $8.28 due to a surge in token deposits to centralized exchanges, signaling increased sell pressure. On-chain data shows heavy wash trading inflating reported volume, with 94.2% of transfers flagged as non-genuine, ...
Injective has permanently removed over 7.2 million INJ tokens from circulation through its monthly Community BuyBack program and an earlier burn auction. Participants commit INJ tokens to the buyback events and receive a share of ecosystem revenue be...
Injective and BDACS signed a memorandum of understanding to develop KRW1, a won-backed stablecoin, for settling tokenized real-world assets in Korean won. This partnership aims to provide Korean investors a local currency option for trading tokenized...
