$INJ Price Surges Past $6 as Staked Supply Hits New All-Time High

Injective's staked supply has reached an all-time high of 58.8 million $INJ, signaling growing participation among holders.

This increase in staked tokens may influence market supply and strengthen bullish prospects if demand remains high.

The token has broken above the $6 to $6.20 resistance zone, with the Gaussian Channel shifting into a bullish configuration.

If the $INJ price continues to hold above the gained resistance range between $6.0 and $6.14, the next targets at $7.38 and $8.22 remain in focus.