$INJ INJ is showing bullish movement: 5.14% (Crypto).
Volume: 26.47M | Last: $7.99
Key signals: strong momentum, high volatility, high trader activity.
Bias Daily: BULLISH 🟢 | Weekly: BULLISH 🟢

INJ rallied 5.3% in 24 hours fueled by the upcoming Meridian mainnet upgrade and an 18.3% TVL expansion.
**Mainnet Upgrade (High)**: Meridian upgrade scheduled for Sept 24 introduces institutional RWA issuance and RFQ testing, acting as a major fundamental catalyst.
- **Deflationary Tokenomics (Medium)**: The newly launched Community BuyBack burns tokens in exchange for chain revenue and tokenized stocks, boosting demand.
- **Capital Inflows (Medium)**: TVL surged 18.3% in 7 days to $13.7M, driving price above $8.20 supported by positive MACD momentum.

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