Injective's INJ Token Recovers Amid Ecosystem Milestones
Injective's INJ token has started to recover after forming a base near $3-$4. The recovery is being watched closely by traders as it approaches key resistance levels, with technical indicators remaining constructive.
The Injective ecosystem has also surpassed $1 billion in tokenized assets, marking a significant development in the real-world asset space. This milestone gives context to INJ's market movements and highlights the growing relevance of tokenization in blockchain ecosystems and finance.
According to analyst Giannis Andreou, reclaiming $15 and successfully holding a retest could strengthen the recovery structure for INJ. The chart also identifies 20-25, $32.93, and $42.73 as additional resistance areas if the recovery continues.