Injective Crypto Gains Traction: Could EVM Testnet Debut and RWA Tokenization Propel INJ Value Beyond $12?
Injective Protocol is gaining traction as daily active addresses have surged 10X since January 2025. While INJ crypto prices remain stable, the EVM testnet launch could propel the crypto token beyond $12.
The second quarter of 2025 has proven to be an exciting time for Injective Protocol, a layer-1 distributed record tailored for DeFi (DeFi). Although the total value locked (TVL) increased from roughly $20 million in April to $33 million by July, the price of INJ has not experienced significant increases.
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Will Injective Crypto Reach Above $12?
Investors are curious if Injective’s recent initiatives, such as the Ethereum Virtual Machine (EVM) testnet launch and emphasis on real-world asset (RWA) tokenization, will drive past $12, surpassing the current price ceiling level.
Market analytics show that INJ has been trading in a narrow range, hovering between $9 and $12.
For buyers to regain momentum, a substantial volume upward movement over the $12 liquidation level is essential. Such a movement could propel INJ towards $14, revisiting the highs recorded in May 2025.
In spite of the stagnant price performance, on-chain indicators reveal a positive outlook.
As per Artemis, the number of daily active addresses on the Injective network has surged almost 10X in the past six months, jumping from 5,000 to over 81,000 by early July 2025.
(Source)
This increase in engagement points to heightened user interest, even amidst the relative price weakness. INJ crypto prices have dropped from $25 recorded in early January 2025 to a low of $6 in April.
Injective EVM Testnet Launched
The surge in protocol activity coincides with Injective’s technological progress.
In contrast to ETH, it can handle 20,000 transactions per second, providing almost no fees and instant transaction finality.
This high-performing system, coupled with interoperability with Ethereum, Cosmos, and non-EVM platforms like Solana, places Injective as an attractive Decentralized finance solution.
The recent introduction of the Injective EVM testnet on July 2, 2025, signifies a significant achievement.
This testnet represents the first layer-1 blockchain with native EVM integration, allowing Ethereum-compatible smart contracts to function smoothly without the need for external bridges.
The MultiVM Coin Standard (MTS) amplifies this by facilitating coin functionality across different Ethereum-compatible environments, enhancing code composability and user experience.
Emphasis on RWA Tokenization
This advancement will be crucial as Injective aims to capture crypto market share in the rapidly expanding tokenization field, solidifying its standing among the top cryptos to invest in.
To date, Helix, the leading Decentralized finance application on Injective, enables trading of more than 25 tokenized securities, encompassing stocks like Apple and Tesla, as well as commodities like gold and silver.
Additionally, strategic alliances with industry leaders like BlackRock, through the integration of the BUIDL index and partnerships with Aethir and Google Cloud, highlight their intention to lead in the tokenization space.
$INJ – Trade Insight
Just initiated a new long position.
I believe $INJ has completed its initial breakout from the $9 low to the $12 high and has finalized the correction.
The recent break above $12 confirms this as the first wave in a new bullish trend.
Current level… pic.twitter.com/buigndr6pq
— Crypto Wave Vision (@CryptoWaveV) July 8, 2025
On X, a crypto holder believes the INJ bullish rally is just beginning. He projects the crypto token could double to $23 over the next few weeks, potentially outperforming some of the top Solana meme coins.
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Injective Platform Gaining momentum After EVM Testnet Launch, Will INJ Crypto Exceed $12?
- Injective Network is gaining visibility as DAUs increase by 10X since January 2025
- Developers unveil the EVM testnet
- Injective aims at RWA tokenization
- Can INJ crypto surpass $12?
The article Injective Crypto Gains Momentum: Will EVM Testnet Launch and RWA Tokenization Push INJ Price Above $12? appeared first on 99Bitcoins.
