Injective: Fundamentals Intact but Price Follows the Market

I think INJ has credible fundamentals — a derivatives-focused DEX, cross-chain capabilities and staking mechanics that can support mid-to-long-term value — but the token remains highly correlated with broader crypto risk sentiment and BTC moves. Price action has been choppy, so momentum and volume matter more than headlines right now.

I'm watching on-chain activity, staking flows and order-book liquidity for clearer signals. For traders, wait for a decisive breakout or high-volume dip; for longer-term investors, consider sizing positions gradually rather than entering full exposure at once.