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Injective price jumps as bulls prolong beneficial properties amid Bitcoin spike – CoinJournal

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  • Injective price is extending beneficial properties above the $10 mark.
  • Bitcoin’s rally above $105k and real-world belongings tokenization catalysts might drive the INJ price increased.
  • INJ technical outlook is basically bullish.

Injective (INJ) is among the many top-performing altcoins on Monday as bullish sentiment sweeps by the cryptocurrency market.

The token is buying and selling above $13.60, lifted by renewed investor confidence following Bitcoin’s surge previous $105,000.

With macroeconomic optimism and progress on regulatory fronts driving broader market momentum, analysts counsel Bitcoin might problem new all-time highs within the close to time period.

This backdrop is fuelling capital rotation into altcoins, with initiatives like Injective benefiting from elevated speculative curiosity.

A layer-1 blockchain centered on decentralised finance and real-world asset tokenization, Injective has continued to draw consideration as narratives round scalability and use-case-driven progress acquire floor.

Injective price extends beneficial properties above $10

Injective (INJ) price is up 7% previously 24 hours, gaining as high alts similar to Ethereum, BNB, and Solana break to key ranges.

The price of INJ has surged after not too long ago breaking previous the $10 mark.

Presently, it modifications palms for round $13.62. Nonetheless, it hovered at highs of $14.29 on Might 12, 2025, to hit its highest degree since late February.

Amid the price beneficial properties, Injective’s market cap rose to $1.37 billion, though the 24-hour buying and selling quantity remained modest at $172 million.

Having surged 46% in seven days and 67% within the final 30 days, the general market curiosity would possibly see bulls take management.

Bitcoin rally and RWA tokenization drive INJ price

Whereas Bitcoin’s rally is fueling additional optimism throughout the market, catalysts for INJ price additionally embody robust institutional demand throughout its RWA ecosystem.

Tokenization is a key tailwind for Injective, with a current 4 Pillars report highlighting how this sector is shaping up INJ for traction.

Latest bull cycles have had DeFi, play-to-earn video games, memecoins, and AI tokens explode.

Now, analysts say whereas these areas see progress, the RWA market’s progress has blockchains like Injective within the highlight.

Injective’s community, optimized for the tokenization of conventional belongings like shares, stablecoins, and commodities, stands as a possible beneficiary.

Buyers eyeing an on-chain alternative are more and more seeing it because the go-to platform.

RWA adoption could additional increase INJ’s price momentum.

Injective price technical outlook

From a technical perspective, INJ’s every day chart paints a bullish image.

inj usd chart
INJ chart by TradingView

The every day Relative Power Index (RSI) at present hovers in overbought territory.

Nonetheless, it’s not overly prolonged to counsel extra room for bulls.

If it sees a pullback, INJ will seemingly bounce off help round $11.05 and $10.22.

This state of affairs could align with the Shifting Common Convergence Divergence (MACD), which reveals a bullish crossover.

The histogram signifies an upward momentum. If this occurs, bulls will goal $16 after which $20.

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