Injective (INJ) Market Update
Injective is currently trading at $5.14, reflecting modest gains over the past week despite slight intraday weakness.
Price Performance
INJ has demonstrated positive momentum in medium-term trading, with a 6.84% weekly gain and a 3.46% increase over the past 24 hours. However, the asset experienced a minor pullback in the last hour, declining 0.11%.
Market Metrics
The token maintains a market capitalization of approximately $513.9 million, with a fully diluted valuation matching that figure. Trading volume reached $89.75 million in the most recent 24-hour period, indicating moderate liquidity in the market.
INJ operates with a fixed supply of 100 million tokens, all of which are currently in circulation. The asset is ranked 104th by market capitalization across the cryptocurrency sector.
Technical Assessment
Injective exhibits relatively low volatility with a volatility score of 8.97, suggesting price stability compared to broader market movements. The token carries a risk score of 52.02 and maintains a liquidity score of 50.48, indicating moderate market depth.
Network Presence
The protocol maintains active engagement across multiple blockchain ecosystems, with contract deployments on Ethereum, Cosmos, Binance Smart Chain, Secret Network, Osmosis, and Terra 2. The project continues operations through its primary explorer at explorer.injective.network.