Injective climbs 39% in a week as INJ leads mid-cap gainers

$INJ trades at $5.74 after adding 9.4% in 24 hours, with volume up 62% to $132 million. The weekly gain stands at 39%, far ahead of a broader market rising low single digits today.

The advance extends a run that followed @injective's institutional arm registering as an SEC transfer agent on Wednesday, while Canary Capital's staked INJ ETF application remains pending with the regulator.