Injective ($INJ ) is dipping, but the ecosystem is heating up. The new EVM mainnet, rising RWA activity, and institutional interest continue pulling builders in, while INJ’s deflationary burns support long-term value. Price sits at $5.60 with bearish EMA and MACD signals, keeping short-term caution in play.
Trend: Mild downtrend.
Next Move: Likely consolidation before any recovery attempt.
