Injective is showing stronger bullish momentum as buyers defend key support and the broader recovery gains traction. At the same time, record staking activity signals growing network participation and confidence among token holders, strengthening the project’s fundamentals and supporting a positive outlook for further growth.
As of now, according to CoinMarketCap data, Injective is trading at the price of $6.32, with an increase of 1.07% in the past 24 hours and up 31.09% over the past week.
Injective Eyes $13 After 50% Rally as Bulls Target $17
According to a prominent crypto analyst, Rekt Capital, Injective has strengthened its bullish setup after revisiting a key technical zone and closing the month above it. The monthly close suggests buyers successfully defended the area and helped establish stronger support.
The confirmed retest marked an important shift in market structure, with the former resistance zone now acting as potential support. Following this confirmation, INJ gained more than 50%, showing strong buying pressure and renewed momentum across the market.
The next test for Injective will be maintaining this upward structure as the rally develops. If buyers continue to defend the reclaimed zone, the technical setup could open the path toward the $13 level as the next upside target.
A sustained bullish trend could eventually push INJ toward the $17 region, giving the token room for another leg higher. Traders will likely watch the reclaimed support closely, as a failure to hold it could weaken the broader recovery setup.
Injective Staking Reaches Record High as 58.8 Million INJ Are Locked
The data from Injective further showed that its total staked supply has reached a new all-time high, with more than 58.8 million INJ tokens now staked on-chain. The milestone highlights growing participation in the network’s staking ecosystem and adds further support to the positive outlook surrounding Injective’s broader recovery.
The record staking figure suggests that a larger amount of INJ is being committed to securing and supporting the network rather than remaining freely available for trading. This can also reflect stronger long-term participation from token holders.
With more than 58.8 million INJ locked in staking, Injective now ranks among the leading Layer-1 networks by total staked token supply. The milestone adds to the blockchain’s growing on-chain activity and strengthens its broader network fundamentals.
The new staking record also puts Injective in a stronger position as competition among Layer-1 ecosystems continues. Sustained growth in staked INJ could further demonstrate rising confidence in the network while reducing the portion of tokens immediately available in the market.
