Injective Faces Decline and Challenges in Recovery as Bulls Protect $8.41 Level
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Price Movement and Market Sentiment: The price of Injective ($INJ) confirmed a bear flag breakdown to $7.77, reflecting bearish momentum after a sell-off, with current trading at $8.48, showing a slight recovery but still under pressure from sellers.
Ecosystem Growth and Institutional Interest: Despite recent price declines, Injective's ecosystem is expanding, attracting institutional investments and unique features like zero gas fees and cross-chain trading, which support its long-term growth potential.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







