in April @injective was sitting around $3 and nobody wanted to talk about it
by May it touched $6.30
right now it's back around $4.90, up double digits again today
this is the third time this year it's done this. let me show you the pattern.
@injective is up 10% today and nobody's talking about it
let me tell you why that's actually the least interesting thing happening with $INJ right now 🧵
@injective just announced a Revenue Fund at the NYC Summit today.
The token is at $4.26.
Down 19% this week. Down 92% from its all time high.
I want to show you exactly why that gap between the price and reality is the most interesting thing in crypto right now.
@injective is at $4.28 today.
Down 92% from its all time high of $52.
The market is in extreme fear.
Bitcoin dominance is climbing.
Altcoins are getting crushed across the board.
And somehow, Injective keeps building like none of that is happening.
@injective has been letting people trade stocks on-chain since 2020
no broker. no KYC. 24/7.
and when SpaceX went public this month and broke every tokenized equity record in history
guess who already had the infrastructure ready .
quick context first
$INJ is sitting around $4.89 right now
ATH was $52.62
so yeah — 90% down from peak, market cap just under $500M
But the last 60 days have been some of the most important in this project's history.
And i don't think most people have connected the dots.
injective-protocol:native is sitting around $5 right now
which sounds rough when you know the ATH was $52
but here's the thing — the fundamentals building underneath this thing in 2026 are completely different from when it was just hype
INJ is sitting around five dollars right now.
That’s down about ninety percent from its all time high back in 2024.
@injective
I want to talk about why the gap between that price and what’s actually happening on-chain is getting harder to ignore.
Most L1s talk about scaling.
@injective spent the last few weeks doing something different.
Quietly shrinking its own supply while building rails for regulated money to actually show up.
Here’s what happened, no marketing spin.