Injective's native token INJ fell 2.05% to $7.18 over 24 hours while futures open interest surged 21.49%, indicating increased derivatives exposure during the price decline. Technical indicators showed mixed signals, with INJ trading below some moving averages but above others, and a near-neutral RSI around 50. Market sentiment was split, with global accounts mostly short but top traders slightly more long. The token's supply is managed through monthly community buybacks, which permanently reduce circulating INJ.
Injective's market cap stands at Rp12.59 trillion as of Oct 09, 2026, 18:02 WIB, with a 24-hour trading volume of Rp2.67 trillion on Pluang. The token is currently priced at Rp125,508, down 5.80% over one day, while sell orders dominate at 79% of Pluang's order activity. Typical holding time on the platform is 38 days, indicating moderate investor engagement during this period of increased futures activity.
Analyst Ali Martinez highlights three altcoins—XRP, Quant (QNT), and Injective (INJ)—each at crucial technical points signaling potential breakouts. XRP has broken above a descending resistance line, with $1.50 as a key support level and $1.62 as the...
The Injective Foundation has launched the Trench Treasury to reward projects and community members who actively grow its ecosystem. The first INJ token rewards were given to Sprout and RunUp, two projects credited with onboarding users and developers...
Canary Capital has filed with the SEC to launch a staked INJ ETF, aiming to provide institutional exposure to Injective while earning additional INJ through staking. The ETF is expected to launch before 2027, pending SEC approval. Meanwhile, the Inje...
