The Injective Foundation launched Trench Treasury, a program designed to fund projects and communities contributing to ecosystem growth, with a focus on smaller teams and fair launches. Canary Capital filed with the SEC for a Staked INJ ETF seeking institutional exposure to the token, with an expected launch before 2027 according to CEO Erick Chen. The fund will also generate additional yield through active participation in the staking program. Technically, INJ is hovering between $7.5 and $7.7 in a context of bearish pressure, with MACD and Stochastic indicators having formed bearish crossovers, suggesting a potential drop toward $7.1.
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