# Injective Rises 25.53% as Binance Futures Open Interest Falls 17% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33440 Published: 2026-10-16T19:27:18.000Z Updated: 2026-10-16T19:27:18.000Z Section: Investing > Injective (INJ) reached $9.18 on Binance spot at 6:51 a.m. ET (10:51 UTC) Oct. 16, after touching $9.36 earlier in the session. At 6:51 a.m. ET (10:51 UTC) on Oct. 16, Injective (INJ) was up 25.53% over 24 hours on Binance spot at $9.18, after touching $9.36 earlier in the session. The move put INJ above its tracked seven-, 20-, 50- and 200-day simple moving averages and its 12- and 26-day exponential moving averages. INJ was $0.47 above the $8.71 upper Bollinger Band. The relative strength index (RSI) stood at 65.63, below 70; stochastic %K measured 94.12, compared with 75.29 for %D. The MACD and signal lines each read 0.3958, while the histogram was zero. Binance futures open interest totaled about $26.98 million across 4,505,580 contracts after a 17.04% decline over 24 hours. The fall came as the spot price rose, but the figure does not identify which positions closed. The [report on INJ’s 2026 high]() covered the Hyperliquid activity. ## Links in this article - [report on INJ’s 2026 high](https://www.tokenpost.com/news/investing/33321)