$INJ
(Injective) — Market & Network Research Update 14 November 2026

Market Overview: INJ is trading around $7.59, down approximately 7.30% in 24 hours and 5.70% over seven days. CoinGecko ranks it #80, with a market capitalization of approximately $759.1 million and 24-hour trading volume of $139.1 million. Circulating supply is approximately 100 million INJ, matching its reported total supply. CoinGecko +1

ETF Developments: Canary Capital’s INJC Staked INJ ETF launched on Nasdaq on November 5. Its reported net assets reached approximately $16.18 million as of November 13. The fund reports 100% of its holdings staked. A separate verified daily net-flow figure was not available. Canary Capital +1

On-Chain Metrics: DefiLlama reports Injective DeFi TVL of approximately $18.23 million and stablecoin market capitalization of $15.96 million, with USDC representing 74.67%. Daily DEX volume stands at $1.64 million, while perpetual-market volume is approximately $28.77 million. Stablecoin supply declined 2.25% over seven days. DefiLlama

A September 2026 SEC filing reported approximately 90,000 average daily active wallets during Q3. The latest explorer snapshot shows 8.23 transactions per block and a 0.60-second block time. SEC +1

Recent Updates: Injective introduced its Institutional Rail on November 2, designed for banks and enterprise applications. Its Veyra mainnet upgrade proposal entered voting on November 12. injective.com +1

Market Context: INJ’s price performance remains negative across the reported periods, while network TVL has increased over the latest 24 hours. These figures provide a snapshot of market activity and ecosystem development, not a directional forecast.