Injective (INJ) has just recorded an impressive price increase alongside Canary Capital's registration of the first Injective Staking ETF fund in the United States.
This event coincides with a significant surge in DEX trading volume and Total Value Locked (TVL) approaching the 2025 peak, opening new prospects for INJ in the short and medium term.
MAIN CONTENT
Canary Capital files for the first Injective Staking ETF fund in Delaware, USA.
INJ breaks through the inverted head and shoulders pattern, showing a positive upward trend.
DEX trading volume and TVL of Injective surge, creating sustainable growth momentum.
What has Canary Capital done with the Injective Staking ETF fund?
Canary Capital has officially filed to establish the first Injective Staking ETF fund in Delaware, according to an announcement on X (formerly Twitter). This fund is expected to significantly contribute to the security of the Injective network.
Previously, the 21Shares AINJ fund in Europe significantly boosted demand for INJ, thus the U.S. market, being much larger, promises to grow even further.
The Canary Staked INJ ETF fund provides access to INJ prices combined with staking rewards, making it an attractive option for investors looking to participate in DeFi through a tightly managed channel.
Statement from the Director of Canary Capital, 2025
The U.S. Securities and Exchange Commission (SEC) has not yet confirmed the filing, but once approved, they will announce the next key milestones, significantly impacting Injective's long-term journey.
Price model analysis: Will the inverted head and shoulders pattern hold?
The price of INJ has successfully broken through the inverted head and shoulders pattern, seen as a sign of a positive bullish reversal, according to updated technical analysis.
After successfully retesting the breakout zone with a double bottom pattern, the price of INJ has surged to the $15 price level as of now.
The price range of $14-16 is viewed as a key resistance zone, with price reactions in this area shaping the short-term trend, especially when the bullish wave from ETF news is gaining momentum.
If INJ does not surpass and maintain above $16, selling pressure may cause the price to drop back below $12, re-establishing the downward pressure.
Source: TradingView
What is the current situation of DEX trading volume and TVL of Injective?
The DEX trading volume on the Injective network has skyrocketed from an average of $393,000 per day in early July to about $1.1 million per day, nearly tripling.
According to DefiLlama's report, the Total Value Locked (TVL) of Injective currently stands at $109 million, only $27 million short of the 2025 peak at the end of January, indicating a strong recovery in DeFi cash flow.
Source: DeFiLlama
Although the above indicators are positive, the market capitalization of stablecoins on Injective remains stable in the range of $20-34 million throughout 2025.
Staking INJ through the ETF fund could promote the on-chain stablecoin issuance feature, contributing to increased liquidity and network security.
"The outlook for the cryptocurrency AI market like Injective remains very positive with the liquidity growth context and the emergence of new financial products like Staking ETFs."
Cryptocurrency market analyst John Lee, 2025
Frequently Asked Questions
What impact does the Injective Staking ETF fund have on the price of INJ?
The Staking ETF fund helps increase INJ demand through a managed investment channel, along with staking rewards, creating sustainable price growth based on liquidity and market confidence.
Is the inverted head and shoulders pattern reliable for predicting the price trend of INJ?
The inverted head and shoulders pattern is a strong technical indicator, confirmed by many experts to forecast a bullish reversal if the breakout zone is confirmed through a successful retest.
Why is DEX trading volume on Injective growing rapidly?
Thanks to the development of a strong DeFi ecosystem and new financial products, Injective's DEX volume is driven by cash flow from investors interested in staking and trading utilities.
How does the increase in TVL affect Injective?
High TVL reflects significant cash flow into the network, improving liquidity and stability, while also enhancing the network's reputation in the global DeFi ecosystem.
Can the upward momentum of INJ be sustained for a long time?
The bullish outlook is reinforced by new ETF funds, positive technical factors, and increasing liquidity, but still depends on the volatility of the global cryptocurrency market.
Source: https://tintucbitcoin.com/injective-inj-de-trinh-etf-gia-16-usd/
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