Injective Token Surges with Solana Expansion: $7 and $8 in Sight

Injective's INJ token has been live on the Solana network since its expansion through Sunrise and LayerZero OFT infrastructure. This move allows users to access INJ across supported applications, broadening its utility and access. At press time, INJ traded near $5.64 after gaining more than 4% in recent momentum recovery from July lows.

The technical momentum remains constructive, but resistance between $6.00 and $6.50 still limits the rebound. To confirm further recovery, a daily close above $6.50 is necessary, which could first target $7.00 and then $8.00. Crypto analyst Patel identified longer-term levels at $15, $31, $53, and $100, but those remain speculative.

Reaching the top level would require gains exceeding 1,600% from current prices, highlighting its long-term and uncertain nature. The INJ token has already risen 177% from Patel's earlier accumulation zone, with the analyst noting that this performance is specific to his stated entry range, not the wider market.

For now, holding $5.00-$5.20 keeps recovery intact, while $6.50 remains the decisive barrier. A breakout would place $8 in focus before higher targets become relevant.