Injective (INJ) continues to show growth, trading at $10.55 with a 0.4% gain in the last 24 hours. Increased interest in real assets and high social activity are contributing to this trend.
Price Recovery and Overall Trend
INJ posted a daily gain, reversing previous losses and closing with a clear upward slope. However, longer timeframe price data shows that pressure still lingers beneath the surface. INJ is up 1.8% on the weekly chart but remains down 10% over 14 days and 21.2% over the past month.
Social Engagement and Rising Interest
Injective is gaining traction across crypto platforms, rising sharply in social conversations tied to tokenized real assets. According to a report by Phoenix Group using LunarCrush data, INJ logged 610.3K interactions, placing it second only to LINK, which posted 2.1M total interactions.
Comparative Analysis of Assets Over Three Months
INJ has led price action among tracked assets, gaining 61.72% between mid-April and early July. In contrast, SOL and BNB gained 23.99% and 17.96%, respectively. This relative outperformance highlights capital rotation into faster-moving assets with significant real-world applications.
Despite short-term volatility, INJ holds firm above $10.50. With increasing volume, the $11 level remains the next significant hurdle for bulls.