Injective launches Stockdrop staking with tokenized equities
Injective (INJ)
Editor:
Eugene Serbin
tradersunion.com reports that Injective (INJ) is trading at $8.18 after a 7.11% daily rise, holding above key moving averages. The network has rolled out its Stockdrop program, allowing stakers via the Community BuyBack to earn tokenized equities like NVIDIA and AMC. Participants also receive a share in Injective's ecosystem revenue, which the report says elevates network demand and boosts on-chain activity.
Additional traction comes from INJ's utility in launching and rewarding new tokens on StonkFun, strengthening its role in both Injective and Solana DeFi ecosystems. Enhanced activity in real-world asset tokenization and increased trading volume support the current price momentum. On the hourly chart, INJ/USD trades above its MA-20 and MA-50, remaining firmly above the MA-200.
The Ichimoku Kijun at $7.95 acts as immediate support, while MACD signals a Buy and momentum indicators are constructive. However, CCI has entered overbought territory, suggesting potential for short-term exhaustion. For the next two to three sessions, INJ/USD is expected to consolidate within a range of $7.52 to $8.84. Analysts note that strong institutional engagement and protocol innovations are positioning the asset for continued upward momentum.
How the market reacted
Whalio's own Binance spot order flow for INJ, measured when this story was written up on 23 September 2026. Not the outlet's figures.
Whalio data shows INJ trading at $7.90, below the reported $8.18 level. The 1-hour buy ratio sits at 40.7%, indicating weaker immediate buying pressure compared to the 52.7% seen over the 4-hour period. Over the last 24 hours, the buy ratio is 47.9%, showing a balanced but slightly bearish short-term trend. The 1-hour volume delta is negative at -$204,193, meaning more volume was sold than bought in that hour. In contrast, the 4-hour volume delta is positive at +$201,853, suggesting buying pressure has built up over a longer timeframe. The 24-hour volume delta is -$785,326, indicating net selling pressure over the full day despite a positive CVD of +$217,244.
The latest daily buy ratio of 53.4% sits at the 91st percentile of the last 322 days, against a median of 49.8% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for INJ, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.4%, making today's 24-hour ratio of 47.9% slightly below average by 1.5 points. Spot volume was 0.98x the average, indicating near-normal trading activity. While the coin saw a 45.4% price increase over eight days, the 8-day volume delta was negative at -$209,883. This suggests that despite the price surge, net selling pressure has been present over the week. Only 3 of the 7 days saw net buying, highlighting that the recent rally has not been uniformly supported by consistent accumulation.