- Injective price is extending gains above the $10 mark.
- Bitcoin’s rally above $105k and real-world belongings tokenization catalysts might drive the INJ price greater.
- INJ technical outlook is essentially bullish.
Injective (INJ) is among the many top-performing altcoins on Monday as bullish sentiment sweeps by way of 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 tasks like Injective benefiting from elevated speculative curiosity.
A layer-1 blockchain targeted on decentralised finance and real-world asset tokenization, Injective has continued to draw consideration as narratives round scalability and use-case-driven development achieve floor.
Injective price extends gains above $10
Injective (INJ) price is up 7% up to now 24 hours, gaining as prime alts such as Ethereum, BNB, and Solana break to key ranges.
The price of INJ has surged after lately breaking previous the $10 mark.
Currently, it modifications fingers for round $13.62. However, it hovered at highs of $14.29 on May 12, 2025, to hit its highest degree since late February.
Amid the price gains, 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 may see bulls take management.
Bitcoin rally and RWA tokenization drive INJ price
While Bitcoin’s rally is fueling additional optimism throughout the market, catalysts for INJ price additionally embody sturdy institutional demand throughout its RWA ecosystem.
Tokenization is a key tailwind for Injective, with a latest Four Pillars report highlighting how this sector is shaping up INJ for traction.
Recent bull cycles have had DeFi, play-to-earn video games, memecoins, and AI tokens explode.
Now, analysts say whereas these areas see development, the RWA market’s development 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 probable beneficiary.
Investors eyeing an on-chain alternative are more and more seeing it as the go-to platform.
RWA adoption might additional enhance INJ’s price momentum.
Injective price technical outlook
From a technical perspective, INJ’s every day chart paints a bullish image.
The every day Relative Strength Index (RSI) at present hovers in overbought territory.
However, it’s not overly prolonged to counsel extra room for bulls.
If it sees a pullback, INJ will probably bounce off assist round $11.05 and $10.22.
This state of affairs might align with the Moving Average Convergence Divergence (MACD), which exhibits a bullish crossover.
The histogram signifies an upward momentum. If this occurs, bulls will goal $16 after which $20.
