The recovery comes at a time when Coinbase has expanded support for native $INJ, a development that removes a key barrier for users looking to move assets directly on the Injective blockchain.
At the time of writing, $INJ trades at $5.14, up 0.31% over the past 24 hours.
The token has climbed 2.65% over the past seven days and is up 19.53% in the last 30 days, while daily trading volume stands at $107.61 million.
Coinbase's native $INJ integration removes friction for users
The latest catalyst for Injective is Coinbase's rollout of native support for the network.
The exchange has completed its migration from the ERC-20 version of $INJ to the native Injective token, automatically converting customer balances on a one-to-one basis.
The change means Coinbase users can now deposit and withdraw $INJ directly through the Injective blockchain instead of relying on Ethereum-based transfers or external bridges.
Removing those extra steps makes it easier for traders and investors to move funds between Coinbase and applications built on Injective.
The migration is powered by Injective's MultiVM Token Standard (MTS), which allows assets to remain interoperable across different virtual machine environments while presenting users with a unified token balance.
The design reduces liquidity fragmentation and simplifies the experience for developers building decentralised applications as well as users interacting with them.
For Injective, the integration is significant because Coinbase remains one of the world's largest cryptocurrency exchanges, serving both retail and institutional clients.
Notably, direct blockchain support increases accessibility to the Injective ecosystem and lowers the operational hurdles that previously existed for users entering decentralised finance applications on the network.
Injective price momentum continues to improve
The technical picture has also strengthened over the past several weeks.
$INJ has traded between $5.03 and $5.44 during the past 24 hours after previously moving within a 7-day range of $4.87 to $5.48.
The gradual series of higher lows suggests buyers have continued to defend key support levels as the token attempts to extend its recovery.
The recent performance also reflects improving momentum across multiple timeframes.
Besides the 18.7% gain over the last month, $INJ has advanced 11.7% during the past two weeks, indicating that buying pressure has remained relatively consistent instead of being driven by a single session of volatility.
Even so, the longer-term picture shows that recovery is still underway.
$INJ remains 60% lower than it was one year ago, illustrating how much of the previous decline has yet to be reversed despite the recent improvement.
Key technical $INJ price levels to watch
From a technical perspective, the area between $4.50 and $3.50 continues to serve as the primary support zone for $INJ.
Holding above that region has allowed buyers to gradually regain control, helping establish the higher-low structure that has developed in recent weeks.
The next major challenge sits between $5.671 and $6.996, where previous selling pressure has repeatedly limited upward movement.
A sustained move above that resistance zone would represent a notable shift in market structure and could place the 8.2 into focus.
For now, however, price remains below that resistance band, meaning traders will likely continue monitoring whether current momentum is strong enough to carry $INJ through the next technical hurdle.