Injective Price Rally Tests $7 After Binance US Staking News

Key Insights:

• Injective price holds above $6 after Binance US adds weekly staking for U.S. users
• Short liquidations lift INJ as open interest and derivatives volume expand
• Spot netflow turns positive, keeping resistance near $6.40 in focus

Injective price has staged a sharp recovery after weeks of weak trading. INJ traded near $6.10 at press time, after gaining about 39% over the past 7 days and around 8% on the day. INJ traded around $6.07 before pushing to $6.30, the highest level since November 2025.

The move also marked the first sustained hold above $6 in 2026, following months of trading between $3 and $4. Traders tied the surge to Binance US adding Injective staking for U.S. users.

INJ Staking Adds New Support for Injective Price Rally

The main catalyst came from Binance US, which enabled INJ staking for users in the United States. The feature gives holders a simple way to stake tokens and earn network rewards. It also provides another reason for users to hold INJ rather than sell immediately.

Source: X

That matters because staking can reduce liquid supply on exchanges. Around 58% of INJ is already staked. More staking access through a regulated U.S. platform could further tighten available supply.

Derivatives activity also expanded. Open interest reportedly climbed 32.3% to $151 million, while derivatives volume rose 11% to $337 million. Short liquidations topped $441,000, forcing some bearish traders to close positions.

The long-short balance also leaned bullish. Long positions accounted for nearly 65% of the market, compared with about 35% for shorts. That showed traders were chasing the rally, but it also raised the risk of crowded positioning.

Injective Price Faces $6.40 Test as Profit Taking Rises

Profit-taking appeared after the six-month high. CoinGlass data shows spot netflow flipping positive near $3.2 million after a prior negative print near $1.28 million. Exchange inflows often rise when holders take profits or cut risk.

Analyst altcryptogems says the 12-hour chart shows INJ price is now compressing under a $6.20 to $6.40 ceiling. Buyers have defended higher lows, with support building around $5.60-$5.80. Trading volume looks lighter during consolidation, which fits a market digesting gains.

Injective Price 12H chart | Source: X

A strong breakout above $6.40 with higher volume can open $6.80 and $7.20. A failure can pull the price back toward $5.20-$5.40. Injective also gained a liquidity boost from native USDC on mainnet via Circle CCTP. Rails on Direct USDC enhance DeFi liquidity and settlement of tokenized property.

Daily trend still points higher, yet indicators look stretched. The INJ price trades above key moving averages on the daily chart. Traders Union flagged $6.04 as near-term support and $7.74 as resistance. A break under $6.04 can send the price toward $5.60.

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