Injective Protocol (INJ) traded at $5.39 on September 16, 2026, a decline of 10.15% over the prior 24 hours. The move extended a rough week for the token, which has now shed 14.11% over the past seven days.
Despite the short-term weakness, INJ retains a notable 30-day gain of 31.19%, suggesting the recent pullback follows a period of substantial appreciation. The token's market capitalization stood at $0.55 billion as of the close of the reporting period.
The daily and weekly losses place INJ among the harder-hit assets in its category during this stretch. The contrast between the 30-day gain and the more recent declines reflects the volatility common to crypto markets.
Trading activity over the near term will likely determine whether the monthly advance holds or erodes further. At present, the data shows INJ giving back a portion of its October gains without reversing the broader upward move recorded over the past month.
