INJ Sustains Positive Macro Outlook Despite Short-Term Price Range of $12.00–$12.80

Pineapple Financial Acquisition: Pineapple Financial has acquired 678,000 INJ for $8.9 million, establishing a $100 million digital asset treasury, indicating strong institutional confidence in Injective's Layer 1 blockchain.

Ecosystem Expansion and Partnerships: Injective is enhancing its DeFi ecosystem through partnerships with Kado, Helix, and Eclipse Labs, focusing on cross-chain liquidity aggregation and modular blockchain development.

Market Performance: Currently trading at $12.22, INJ has seen a -2.6% daily decline and a -3.5% weekly pullback, but maintains a +38.3% increase year-over-year, with a market cap of $1.19 billion.

Technical Analysis and Future Projections: INJ is consolidating between $12.00 and $12.80, with potential bullish movement if it closes above $12.90, while downside support is at $11.95, indicating a mixed short-term outlook but a generally bullish macro trend.