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Injective (INJ) rises 10% on strong buying, ETF hopes, and updated white paper news

Market News
11 Oct 2026
AMBCrypto
View Source
Bullish
Injective (INJ) rises 10% on strong buying, ETF hopes, and updated white paper news

Injective (INJ) surged 10% amid increased buying pressure and notable exchange outflows, signaling renewed trader interest. Positive funding rates and rising open interest indicate bullish positioning, while ongoing ETF applications and an updated white paper focused on finance developments add potential catalysts. Although exchange withdrawals suggest holders are moving tokens off exchanges, they don't confirm new purchases. Continued upside depends on sustained demand beyond the initial rally.

Injective (INJ) trades at Rp139.000 on Pluang as of Oct 12, 2026 00:11 WIB, showing a 4.78% increase in the last day. The market cap stands at Rp13,95 trillion with a 24-hour volume of Rp2,09 trillion. Buy orders slightly exceed sell orders at 53%, while typical holding time is 38 days, indicating steady investor interest.

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