INJ Has the Credentials. Price Wants Real Proof.
$INJ has spent the past year building an institutional foundation that many competing L1s still lack.
Its native EVM mainnet went live in November 2025. Regulated futures followed in April 2026, with SEC transfer-agent registration becoming effective in August. September brought over $1 billion in tokenized mortgage records.
Yet none of it has shown up in price.
Around $7.35, INJ remains roughly 72% below its 2025 high. Strong fundamentals haven't translated into sustained buying.
This is a watch, not a long.
$7.20 is the level that matters. Lose it, and $6.70 becomes the next area to watch. A reclaim of $8.20–$8.65 would be the first sign sentiment is turning.
My Final Take: The market doesn't need another announcement. It needs live products, measurable institutional adoption and real revenue.
Can INJ turn its institutional progress into genuine demand?
