INJ Rallies Over 30% From Breakout as Analyst Projects $14 Target
- —INJ has gained over 30% from its cup-and-handle breakout point
- —Analyst Ali Charts projects a price target near $14
- —Injective leads major blockchains in revenue to FDV, ahead of Solana and over 8x Ethereum
- —Onchain revenue feeds the monthly INJ Community BuyBack that removes tokens from supply
Why it matters: Strong revenue-to-FDV and recurring buybacks tighten INJ supply, though the $14 target remains a technical projection.
Source: Blockonomi