$INJ INJ is showing bullish movement: 6.49% (Crypto).
Volume: 13.38M | Last: $9.01
Key signals: strong momentum, high volatility, high trader activity.
Bias Daily: BULLISH 🟢 | Weekly: BULLISH 🟢
INJ gained 1.35% in 24h to $8.71, driven by Korean institutional RWA expansion and spot buyback catalysts.
**Institutional RWA expansion (High)**: Partnership with South Korean custodian BDACS to use KRW1 for tokenized RWA settlements, paired with $1.1B YTD RWA perpetual trading volume, bolstered long-term demand.
- **Deflationary buyback burn (Medium)**: Protocol revenues funded a monthly Community BuyBack pool scheduled to burn over $245,000 of INJ.
- **Large buyer inflows (Medium)**: Hourly net inflow reached +$555K alongside +$387K in large orders → triggered a breakout above the $8.70 level.
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