This content is for educational purposes and not financial advice. Crypto markets are volatile. Do your own research and manage risk responsibly.
Injective is trading firmer ahead of the Meridian mainnet upgrade going live on September 24, 2026, a proposal approved by 99 percent of staker votes that opens regulated real-world-asset (RWA) markets along with RFQ features (TradingView News, CoinDesk). This catalyst is the main driver, backed by a roughly 25.1 percent 7-day gain and a 24-hour trading range of $7.51 to $8.31, which serves as the near-term support and resistance reference.
History shows network upgrades sometimes trigger a 'sell the news' reaction even when fundamentals are positive. This scenario is void if price breaks below $7.45 (Rp132,610), under the 24h range's lower bound.
Got feedback for this insight? Submit here