Check out INJ insights for 20251111 00:00 UTC
Long article:
INJ has seen a significant rise in prices and network developments, indicating increasing momentum.
1. Key developments: Injective is undergoing a major network upgrade and launched a new Web3 platform without a token, also benefiting from positive institutional developments for crypto ETPs.
2. Technical outlook: The token shows an upward trend with strong alignment of the exponential moving average and positive MACD signals, but also shows increasing volatility and a recent pullback in prices in the short term.
3. Market activity: A major platform will temporarily suspend deposits/withdrawals from INJ for the upgrade, and a notable capital inflow has been observed before the recent gains.
Positives
1. Development of core networks and products: Injective is implementing a major network upgrade and a fixed split on November 11, 2025, activating full EVM mining and dynamic fees, along with the launch of "iBuild," a no-code Web3 development platform.
2. Institutional interest: The approval of the US Treasury Secretary for staking digital assets in ETP products is expected to benefit INJ ETP/ETF products, indicating increased institutional adoption and market accessibility.
3. Strong upward momentum: The price of INJ has risen by approximately 5.27% from 7.78 to 8.19 in the past 24 hours, supported by bullish EMA alignment (EMA7 EMA25 EMA99) and positive MACD values indicating a strong upward trend
