Injective Protocol (INJ) traded at $8.17 on October 22, 2026, retreating 6.67% over the prior 24 hours. The decline came despite a broader stretch of gains that pushed the token up 13.44% over the past seven days.
Over the past 30 days, INJ has added 5.94%, suggesting the single-session pullback represents a short-term reversal within a longer period of appreciation. The token's market capitalization stood at $0.82 billion at the time of reporting.
The combination of a double-digit weekly gain and a steep daily loss points to increased volatility in INJ trading activity. The 24-hour drop erased a meaningful portion of the recent weekly run-up without fully unwinding the month-long advance.
As of the October 22 snapshot, INJ remained above its 30-day baseline in price terms, with the monthly gain of 5.94% still intact despite the intraday pressure.
