Injective (INJ) jumps over 5% as price nears $6 amid volume surge and market rebound
The post Injective (INJ) jumps over 5% as price nears $6 amid volume surge and market rebound appeared on BitcoinEthereumNews.com.
Injective price is up by over 5% in the past 24 hours, trading to an intraday high of $5.85. Bulls could gain towards $10 but that is contingent on breaching $6 resistance. INJ will ride broader market conditions and key network developments. Injective’s native token is among the altcoins to post gains on December 8, 2025, rising more than 5% to highs of $5.85 as investor attention shifts ahead of a big week for risk asset markets. INJ price looked to rise in a sharp rebound to $6, a level that provided the latest downward pressure on Dec. 4. Notably, Injective’s surge arrives amid heightened trading activity. Injective price rises to near $6 amid volume spike Injective’s price trajectory has been in a downtrend since its all-time high of $52.75 in March 2024. As such, the token is $89% since that peak and 25% down in the past month. However, the latest gains across the market have helped bulls, and INJ has rebounded from support around $5. INJ traded at $5.71 at the time of writing, up more than 5% in the past 24 hours. Bulls reached highs of $5.85 as they came close to the $6 psychological barrier. Trading volume also surged to $67 million, increasing by over 52% in the last 24 hours. Why is Injective price up? The token’s price gained alongside Bitcoin’s push to above $92,000, and Ethereum’s rebound above $3,100. A similar uptick for the broader crypto market seems to have bolstered Injective. Analysts have also attributed the spike to Injective’s recent integration with DexTools, exposing the chain to 15 million users for real-time asset monitoring. Key appears to be momentum from Helix, a major decentralized spot and derivatives exchange for the INJ ecosystem. The DeFi app’s upgrade that enabled gas-free, 24/7 trading of stocks,…
