Injective (INJ)

Injective rallied 29% this week on the back of strong DeFi activity across its derivatives and perpetuals ecosystem. As one of the few smart contract chains purpose-built for financial applications — with zero gas fees for users and a built-in on-chain order book — INJ benefits whenever DeFi volumes spike. Institutional staking inflows from new validator partnerships pushed the token to multi-month highs during Week 20, 2026, with total value locked reaching $450 million.