Analyst projects INJ could reach $14 after a cup-and-handle breakout, with resistance at 9.00–9.30 and support near $8.50. Injective reports 135 live RWA markets, over $1 billion in tokenized
Injective (INJ) has climbed to $8.871 on October 17, 2026, after a sustained recovery, while analyst Ali Charts projects a potential move toward $14. The rally has already gained more than 30% from a cup-and-handle breakout, as Injective reports 135 live onchain real-world asset markets and expanding institutional activity.
According to Ali Charts, INJ broke out of a cup-and-handle pattern and gained more than 30% from its breakout point. The formation projects a target near $14, although the price must advance beyond current resistance levels first.
INJ rose from approximately $4 in mid-August, then moved above $6 and $8 during its recovery. The latest rally approached $9.30 before a slight pullback. Meanwhile, trading volume increased, with a recent spike toward approximately 300 million INJ.
Source: Santiment
The token trades above its 50-day moving average near $7.83 and its 200-day average around $7.43. The 50-day average also remains above the 200-day average. However, resistance between $9.00 and $9.30 could challenge further gains, while $8.50 provides initial support.
Beyond price action, Injective reports 135 live onchain real-world asset markets and more than $1 billion in tokenized assets. Markets covering SpaceX, OpenAI, equities, foreign exchange and digital asset treasuries have generated over $6.8 billion in cumulative RWA volume.
https://twitter.com/injective/status/2111091925117771800?s=20South Korea's POSCO International and LG CNS selected Injective to tokenize trade receivables from international commerce. Japan's Laser Digital, part of Nomura, tokenized its Laser Carry Fund alongside BlackRock money market products and Hamilton Lane's SCOPE Senior Credit Fund. These products support onchain secondary trading, collateralized lending and portfolio margining.
Injective Institutional Services is now an SEC-registered transfer agent, while the INJ MiCA white paper appears on ESMA's register. Three INJ ETF applications remain pending with the SEC, and regulated INJ futures are live under U.S. CFTC oversight.
Gulf Labs, part of Thailand's $27 billion GULF Group, bonded roughly 500,000 INJ as an institutional validator. The group plans to bring tokenization and stablecoins to Thailand's energy, telecom and banking sectors.
Injective CEO Eric Chen met senior White House, SEC and CFTC officials this week to advance U.S. tokenization. Meanwhile, NTT Digital selected Injective as its primary blockchain partner, and Musicow partnered with the network to bring music intellectual property onchain. Musicow has 1.2 million members and approximately 20,000 traded music rights.
Native USDC on Injective supports payments to more than 8,000 global merchants, with Circle's CCTP connecting the network to over 20 blockchains. Injective Mint is also planned, with protocol-level compliance controls for institutional real-world assets.
