Injective (INJ) surged 24.46% to $9.13 on October 16, 2026, driven by sustained token withdrawals from exchanges and a major institutional data migration by Pineapple Financial. Despite high reported trading volumes, much of the on-chain activity is wash trading, so genuine liquidity is lower than it appears. The price rally is supported by net outflows from centralized exchanges over 10 of the past 14 days, indicating accumulation rather than selling. Investors should watch if the largest accumulator wallet begins selling or if outflows continue, as these will signal the rally's sustainability.
Injective (INJ) is trading at Rp165.999 on Pluang as of October 16, 2026, 11:02 WIB, showing a 25.76% gain in one day, slightly above the article's reported 24.46% surge in USD. This strong performance contrasts with the typical Pluang order activity for INJ, where 79% are sell orders and only 21% are buy orders, suggesting that despite the price rally, many traders are taking profits. The circulating supply is fully in the market at 100 million tokens, supporting the liquidity dynamics discussed in the news.
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Injective (INJ) fell 10.07% within 24 hours to $7.29 after briefly rising above $8 but failing to maintain that level, indicating a failed breakout. The price slipped below key pivot and short-term moving averages, signaling potential weakness. Open ...
Canary Capital has proposed an exchange-traded fund (ETF) that would stake at least 90% of its Injective (INJ) token holdings under normal conditions. The fund aims to hold INJ directly and delegate tokens to validators on the Injective network to ea...
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Injective's governance Proposal 709 aims to enable fixed gas requirements for selected exchange-module messages, such as order placements and cancellations, to make transaction fee estimation more predictable for integrators and market makers. This f...
