Injective's INJ token gained 4.22% over 24 hours, trading between $5.09 and $5.63 as staking reached a record 58.8 million tokens. The September Community Buyback permanently removed 25,200 INJ from circulation. CoinGlass data showed trading volume rising 44.18% to $138.55 million and open interest increasing 4.88% to $97.84 million, while reported daily trading activity stood at $56.91 million and market capitalization was about $509.92 million. INJ was slightly above its 20-day moving average of $5.03, with technical observers watching $5.30 as key support. Medium-term projections cited a possible move to $6.80 if that level holds, while longer-term scenarios identify $8.00 if the $4.30 floor remains intact. One analyst said a breakout from a major long-term support zone could eventually put $80-$90 in view, though that outcome depends on sustained support and is not a firm forecast.