Injective Tumbles 10% Amid CLARITY Act Vote Fallout
The price of Injective (INJ) plummeted 10.2% over the past 24 hours, following the failed passage of the CLARITY Act in the Senate.
This led to a massive sell-off in the crypto markets, with $637 million in liquidations and $525.3 million of those being long positions.
Injective had been trending downward since 2025, when it fell below a pivotal support zone around $16.15, but its long-term price trends show signs of recovery.