Injective Soars Past $1 Billion in Tokenized Assets, Eyes $15 Resistance
Injective (INJ) has been showing signs of renewed momentum after forming a stable base in the $3-4 range. Traders are closely monitoring whether the upward move can overcome several key resistance levels, including the current upper Bollinger Band at $8.59.
According to chart data from TradingView, INJ staged a notable rally in September, advancing through several resistance zones and reaching approximately $8.40 before settling near $7.93.
The protocol's growth in real-world asset tokenization has also been significant, with the total value of tokenized assets on its platform now exceeding $1 billion. This reflects robust growth in real-world asset activity, which continues to gain importance in bridging traditional finance and blockchain networks.