Why did the price of INJ go up?
Injective (INJ) increased by 0.72% in the last 24 hours, slightly outperforming the overall crypto market, which rose by 0.33%. This shows some strength after several weeks of decline. Here are the main reasons behind this movement:
- Revolut Listing & Staking Access – Revolut, Europe’s largest fintech with 60 million users, added INJ to its platform, allowing users to stake INJ without any fees.
- Mortgage Tokenization Boost – Pineapple Financial moved $10 billion worth of mortgages onto Injective’s blockchain, supported by a $100 million purchase of INJ tokens.
- Technical Signals for a Possible Rebound – Chart patterns and technical indicators suggest that INJ might be starting to reverse its downward trend.
Deep Dive
1. Revolut Integration (Positive Impact)
What happened: On December 12, Revolut made INJ available on its platform. This means over 60 million users can now buy, trade, and stake INJ while keeping all the rewards they earn. This move fits with Revolut’s growing focus on crypto banking and Injective’s goal of offering advanced decentralized finance (DeFi) services.
Why it matters:
- More people can access INJ easily, which can increase trading activity and encourage holding the token long-term.
- Staking without fees makes it easier for users to earn passive income, potentially attracting more participants to the network.
- It strengthens Injective’s reputation as a blockchain that works well with regulated financial products.
What to watch: The annual percentage rate (APR) for staking INJ (currently about 16%) and any spikes in trading volume driven by Revolut users.
2. Pineapple Financial’s $10 Billion Mortgage Tokenization (Positive Impact)
What happened: On December 10, Pineapple Financial tokenized 29,000 mortgages worth $10 billion on the Injective blockchain. This was backed by a $100 million private purchase of INJ tokens. Major financial players like FalconX and Kraken are involved.
Why it matters:
- Pineapple’s move creates direct demand for INJ tokens through its treasury strategy.
- It shows that Injective can handle large-scale real-world assets (RWAs), which is an important trend especially during market downturns.
- This could encourage other traditional financial companies to use Injective for asset tokenization.
What to watch: Adoption of mortgage data on the blockchain and how actively these tokenized assets trade in secondary markets.
3. Technical Rebound Signals (Mixed Impact)
What happened: After a 43% drop over 60 days, INJ’s price formed a “falling wedge” chart pattern, which often signals a potential reversal. On December 12, a key technical indicator called the MACD turned positive, and the price moved above a critical level of $5.38.
Why it matters:
- Falling wedge patterns can lead to price increases, but confirmation is needed by breaking above $6.
- The Relative Strength Index (RSI) is low (around 39-40), indicating the token might be oversold and due for a bounce.
- However, trading volume dropped by 46% in 24 hours, which means momentum is weak and depends on the overall market mood.
What to watch: A daily close above $6.18 could signal a short-term price rise toward $6.78.
Conclusion
INJ’s recent gains are supported by strong partnerships with Revolut and Pineapple Financial, helping it weather broader market challenges. Technical indicators suggest the price may be stabilizing, but risks remain due to low trading volume and Bitcoin’s dominance in the market (currently 58.6%).
Key question: Will INJ maintain its price above $5.40 despite lower crypto trading activity, or will investors take profits and push the price down? Keep an eye on Pineapple’s mortgage tokenization progress and how actively Revolut users engage with INJ for clearer signs.
What could affect the price of INJ?
Injective (INJ) is balancing between positive factors that reduce supply and challenges facing altcoins.
- Real-World Asset Tokenization (Positive) – Moving $10 billion in mortgages onto Injective could boost its practical use.
- ETF & Staking Access (Mixed) – SEC approval of a staked ETF might bring in institutional investors, but regulatory risks remain.
- Technical Patterns (Neutral) – A falling wedge chart pattern suggests potential upcoming price moves, but uncertainty remains.
Deep Dive
1. Real-World Asset Adoption (Positive Impact)
Overview: Pineapple Financial recently completed tokenizing $10 billion worth of mortgages on the Injective network (as of December 10, 2025). This makes Injective a key player in bringing real-world assets (RWAs) onto blockchain technology. After the announcement, Injective saw a jump to 45.8 million transactions per week, indicating more activity on the network.
What this means: Successfully integrating real-world assets like mortgages could give INJ more practical uses beyond just trading. Similar projects, like PAXG (a token backed by gold), have increased blockchain activity by 30-50% in the past (CoinDesk).
2. Regulatory ETF Gateway (Mixed Impact)
Overview: On July 29, 2025, Cboe filed for approval of a staked INJ ETF with the U.S. Securities and Exchange Commission (SEC). If approved, this ETF would allow traditional investors to earn staking rewards (currently about 5% annual yield) without directly holding cryptocurrency.
What this means: Similar ETF proposals for other coins like Solana have led to price increases of 18-25% before decisions. However, if the SEC rejects this ETF, it could hurt investor confidence in altcoins. The SEC has increased crypto-related enforcement by 40% year-over-year in 2025, adding regulatory uncertainty (CryptoPotato).
3. Technical Sentiment Shift (Neutral Impact)
Overview: Injective’s price is currently trading within a falling wedge pattern between $5.04 and $7.31 (data as of December 12, 2025). Historically, this pattern has an approximately 78% chance of leading to a price breakout in crypto markets. However, the Relative Strength Index (RSI) at 39.47 indicates some ongoing selling pressure.
What this means: If INJ’s price closes above the $6.18 Fibonacci level, it could trigger a short squeeze pushing prices toward $8.22. But with derivatives open interest down 11.7% last week, traders are showing caution (CryptofrontNews).
Conclusion
INJ’s future price depends on turning growing institutional interest—through ETFs and real-world asset tokenization—into steady demand on its network, while managing the broader cautious mood in crypto markets. The recent integration with Revolut offers easier access for retail investors, but Bitcoin’s dominance at 58.6% still limits altcoin growth potential.
Will INJ’s token burn (6.6 million tokens destroyed so far this year) be enough to counteract these challenges? Keep an eye on the INJ/USDT perpetual funding rate and the timeline for the ETF decision to gauge market direction.
What are people saying about INJ?
Injective’s community is caught between frustration over recent price drops and strong belief in its robust, institutional-level DeFi platform. Here’s what’s making waves right now:
- ETF filings bring hope – 21Shares’ proposal for an INJ ETF is raising hopes for more institutional investment.
- Technical debate heats up – Traders are split between seeing a possible price rebound or expecting continued downward pressure.
- Ecosystem growth vs. token price drop – Total value locked (TVL) in Injective’s ecosystem is up 14%, but the INJ token price has fallen 8%, leaving investors puzzled.
Deep Dive
1. @MrMinNin: ETF Momentum Builds (Bullish)
“21Shares filed for a U.S. INJ ETF – institutional eyes on INJ!”
– @MrMinNin (3.5K followers · 6.5K+ impressions · 2025-10-22 19:03 UTC)
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What this means: If regulators approve, this ETF could open the door for mainstream investors to put money into Injective. While the timeline for approval is unclear, having an ETF would put INJ in a select group of altcoins with this kind of exposure, increasing its visibility and credibility.
2. @ali_charts: Breakdown Fears Resurface (Bearish)
“INJ has officially entered a new leg down!”
– @ali_charts (164K followers · 92K+ impressions · 2025-08-30 20:01 UTC)
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What this means: INJ’s price has dropped 43% over the last 60 days, reflecting weakness seen across many altcoins. The token is struggling to stay above $12, and if overall market conditions worsen, it could fall further to around $9.70.
3. @og_ghazi: Builder Momentum Defies Price (Neutral)
“Fast finality, low fees – Injective becomes finance’s go-to chain.”
– @og_ghazi (19K followers · 8.3K+ impressions · 2025-11-13 05:40 UTC)
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What this means: Despite the token’s price struggles, Injective’s platform is seeing real growth. With over $92 billion in transaction volume and more than 100 projects built on it, developers value Injective for its fast transactions, low fees, and compatibility with popular blockchain systems like Ethereum and Cosmos.
Conclusion
The outlook for INJ is mixed. Investors are optimistic about Injective’s strong infrastructure but cautious about the token’s price performance. The buzz around the ETF and Revolut’s zero-fee staking (which reaches over 60 million users) suggests potential for a breakout. However, the token price has lagged behind the ecosystem’s growth, dropping nearly 62% over the past 90 days. Keep an eye on the $5.60 falling wedge upper trendline: breaking above this level could spark a rally toward $10, while failure might lead to a drop to 2025 lows.
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What is the latest news about INJ?
Injective is making moves in both real-world assets and technical market trends. Here’s the latest update:
- $10 Billion Mortgage Tokenization (Dec 12, 2025) – Pineapple Financial is moving 29,000 mortgages onto Injective’s blockchain, supported by a $100 million private INJ investment.
- Revolut Listing & Falling Wedge Pattern (Dec 12, 2025) – INJ is now available to over 60 million Revolut users, with technical signals pointing to a possible price rebound.
- Momentum Focused on Efficiency (Dec 11, 2025) – Trading activity in INJ derivatives has surged as investors shift to faster, lower-cost blockchain networks.
Deep Dive
1. $10 Billion Mortgage Tokenization (December 12, 2025)
What’s happening:
Pineapple Financial, a Canadian fintech company, is transferring $10 billion worth of mortgages onto Injective’s blockchain platform. This effort is backed by major players like FalconX and Kraken and includes a $100 million institutional purchase of INJ tokens. The goal is to create a platform that allows mortgage-backed assets to be tokenized, making them easier to trade and invest in.
Why it matters:
This move shows that Injective’s technology can handle real-world financial assets at a large scale, which could bring more traditional investors into the crypto space. However, there are still challenges to overcome, such as ensuring data security and meeting regulatory requirements (CoinMarketCap, Kanalcoin).
2. Revolut Listing & Falling Wedge Pattern (December 12, 2025)
What’s happening:
Revolut, a popular financial app with over 60 million users, has added Injective (INJ) to its platform. This allows users to buy, stake, and trade INJ without paying fees. At the same time, INJ’s price chart shows a “falling wedge” pattern near $5.38, which often signals a potential price increase if it breaks above $6.
Why it matters:
Being listed on Revolut makes INJ more accessible to everyday investors, which could boost demand. The technical pattern suggests a possible shift in market sentiment toward INJ. However, trading volume has dropped significantly (-49.56% over the past week), so stronger buying activity is needed to confirm a price breakout (Cryptofront News).
3. Momentum Focused on Efficiency (December 11, 2025)
What’s happening:
There has been a noticeable increase in trading activity for INJ derivatives as traders move their capital to blockchain networks that offer faster transaction speeds and lower fees. Injective has handled over 25,000 transactions per second during peak times, attracting interest from institutional traders.
Why it matters:
This trend fits with a broader market shift toward blockchain projects that prioritize efficiency. However, INJ’s price has dropped by 22.23% over the last 30 days, indicating some skepticism about whether this momentum can be sustained without new developments (CryptoNewsLand).
Conclusion
Injective’s focus on real-world assets and its new partnership with Revolut show strategic growth potential. Technical indicators also suggest a possible price recovery. Still, broader market challenges—like low investor confidence (Fear & Greed Index at 27) and underperformance compared to other altcoins (-43% over 60 days)—mean caution is warranted. The key question is whether institutional investments through tokenized assets will be enough to offset weak retail interest in early 2026.
What is expected in the development of INJ?
Injective’s roadmap is focused on making decentralized finance (DeFi) easier to use and connecting different blockchain networks.
- MultiVM Mainnet (Q4 2025) – Supports Ethereum, Solana, and CosmWasm smart contracts all in one place for easy app deployment.
- iBuild Platform Expansion (2026) – An AI-powered, no-code tool to help anyone build decentralized apps (dApps) with better developer features.
- Solana VM Integration (Q1 2026) – Adds native support for Solana apps on Injective.
- INJ ETF Progress (2026) – Moves forward with regulatory reviews for ETFs based on staked-INJ tokens in the U.S. and Europe.
Deep Dive
1. MultiVM Mainnet (Q4 2025)
Overview: The MultiVM architecture lets developers run smart contracts from Ethereum (EVM), Solana (SVM), and CosmWasm on Injective without rewriting code. This helps connect liquidity and users across popular blockchain networks like Cosmos, Ethereum, and Solana.
What this means: This is positive for INJ because it attracts developers from different blockchains, increasing the usefulness and activity on Injective. However, managing this complex system could be challenging.
2. iBuild Platform Expansion (2026)
Overview: Announced at the 2025 Injective Summit, iBuild is a tool that lets users create decentralized apps using simple language commands—no coding needed. Future updates will add features like documentation and governance tools.
What this means: This could encourage more people to build on Injective, which is a positive sign. But its success depends on how many users adopt it and the quality of apps created.
3. Solana VM Integration (Q1 2026)
Overview: After launching the MultiVM mainnet, Injective plans to add a Solana Virtual Machine (SVM). This will allow developers to move their Solana apps directly onto Injective.
What this means: This expands Injective’s ecosystem and could bring fast Solana-based NFT and DeFi projects to the platform. However, Injective will still face competition from Solana itself.
4. INJ ETF Progress (2026)
Overview: Companies like 21Shares and Rex Shares have applied to offer ETFs based on staked-INJ tokens in the U.S. and Europe. Approval depends on regulatory decisions expected by late 2026.
What this means: If approved, ETFs would bring more institutional investors to INJ, which is a strong positive. But delays or denials could slow down this growth.
Conclusion
Injective’s roadmap highlights three main goals: connecting different blockchains (MultiVM), making DeFi easier to use (iBuild), and attracting institutional investors (ETFs). The upcoming Solana VM integration and ETF approvals could significantly boost Injective’s role in decentralized finance. The key question is whether regulatory challenges will slow down INJ’s growth or if its technology advantages will help it succeed.
What updates are there in the INJ code base?
Injective’s technology is moving forward with Ethereum compatibility and new features that reduce the total supply of INJ tokens over time.
- EVM Mainnet Launch (November 2025) – Injective now supports Ethereum’s smart contract system natively, combining two blockchain environments for faster and cheaper transactions.
- INJ 3.0 Tokenomics (October 2025) – A new system speeds up the reduction of INJ tokens in circulation based on how much is staked by users.
- Community Burn Upgrade (June 2025) – Token burns now happen monthly through automated smart contracts, improving transparency.
Deep Dive
1. EVM Mainnet Launch (November 2025)
Overview: With the Ethernia upgrade, Injective added native support for the Ethereum Virtual Machine (EVM). This means developers who build apps using Ethereum’s programming language, Solidity, can now deploy their apps directly on Injective’s blockchain.
This upgrade merges Injective’s existing WASM environment with EVM, allowing assets and liquidity to move seamlessly between them. Transactions are extremely fast, finalizing in less than a second, and cost just $0.00008 each—making it attractive for decentralized finance (DeFi) projects that require quick and cheap trades.
What this means: This is positive for INJ because it makes it easier for Ethereum developers to build on Injective, which could increase activity on the network and demand for INJ tokens used for transaction fees and governance. (Source)
2. INJ 3.0 Tokenomics (October 2025)
Overview: The community approved a proposal (IIP-392) that introduced a dynamic deflation system. This system speeds up the burning (permanent removal) of INJ tokens when more tokens are staked by users.
Specifically, the number of tokens burned each week is linked to the percentage of INJ that is staked. Currently, over 57 million INJ tokens—about 57% of the total supply—are staked.
What this means: This is good news for INJ holders because as staking increases, the supply of INJ decreases faster, creating scarcity. This scarcity can increase the token’s value while also encouraging users to stake their tokens, which helps secure the network. (Source)
3. Community Burn Upgrade (June 2025)
Overview: The previous system burned 60% of decentralized app (dApp) fees weekly through a Burn Auction. The upgrade changed this to a monthly burn process controlled by smart contracts, which limits participation and automates how tokens are burned.
This new approach pools fees for larger, more predictable burns and allows anyone to verify the burn amounts on the blockchain, increasing transparency.
What this means: This change is neutral for INJ. While it improves transparency and trust, moving from weekly to monthly burns might slow down the rate at which tokens are removed from circulation. (Source)
Conclusion
Injective is focusing on reducing token supply, enabling cross-chain compatibility, and building infrastructure suitable for large-scale finance. The EVM integration and INJ 3.0 tokenomics upgrades support its goal to become “ultrasound money” for the Web3 financial world. With more users staking and developers building on Injective, these updates could strengthen INJ’s position in the growing multi-chain DeFi ecosystem.