Injective Price Surges Toward $10 as Analyst Sees Breakout Opportunity

Injective's (INJ) price is showing renewed strength after a powerful recovery from its late-August low of $4.00.

The token has nearly doubled in value, breaking above the $8.00 level and setting its sights on the psychologically significant $10 mark.

Crypto analyst Solty believes INJ is primed for a move toward $10, drawing comparisons with Solana's earlier growth cycle.

Solty points to Injective's staking structure as a key factor behind the outlook, noting that around 58% of INJ is staked, leaving approximately $344 million in market capitalization available for active trading.