Markets· ★★★· bullish·

Injective's INJ surges 25% as Gulf Labs partnership fuels breakout attempt

  • —INJ gained 25% in 24 hours, 30% on the week and 70% in a month
  • —The AI and big data sector rose 8.87% in a day
  • —Injective's revenue/FDV ratio is over 8x higher than Ethereum's
  • —RSI at 72 signals strong bullish momentum
Why it matters: A weekly close above $9.60 would confirm the breakout toward $11.24 and $13.57, with $8.50 as a pullback entry.
Source: AMBCrypto