DeFi· ★★★· bullish·

Injective Expands Pineapple's On-Chain Mortgage Push as INJ Chart Draws Attention

  • —More than $1 billion in Pineapple mortgage records have been moved on-chain
  • —Pineapple runs a $100 million INJ treasury strategy tied to Injective
  • —Analyst identifies a descending broadening wedge on INJ daily and weekly charts
  • —The $35 target requires a confirmed break above the upper wedge trendline
Why it matters: Further migration of mortgage data would give Injective a genuine RWA use case beyond trading activity, supporting the token's longer-term narrative.
Source: TronWeekly