Injective is expanding its role across the Cosmos ecosystem as its native USDC becomes a shared stablecoin standard for cross-chain liquidity and trading. The transition involves more than $80 million in USDC, including Cosmos Hub’s treasury and a proposed $68 million migration from dYdX. Meanwhile, the INJ price is showing relative strength despite broader crypto market weakness, holding near $8. Analyst Crypto Patel maintains long-term targets of $30, $50, and $100.
Injective Expands USDC Across Cosmos and dYdX
Injective is positioning its native USDC as a common stablecoin standard across Cosmos and dYdX. According to the project, more than $80 million in USDC is involved in the transition.
Cosmos Hub has already moved its treasury to Injective USDC. Meanwhile, dYdX is voting on a proposal to migrate approximately $68 million in USDC. The decentralized perpetual trading platform processes more than $1 billion in monthly trading volume, making its participation significant.
The transition aims to reduce stablecoin fragmentation and establish a common liquidity standard. It also connects Injective’s infrastructure with Circle’s Cross-Chain Transfer Protocol (CCTP), supporting USDC transfers across compatible blockchain networks.
Also Read: Canary Staked INJ ETF Reaches Bloomberg Terminals as INJ Price Eyes Breakout
Cosmos and dYdX Put $80M USDC Migration in Focus
The migration could consolidate stablecoin liquidity across several major applications. Cosmos Hub has completed its treasury transition, while dYdX represents a significant portion of the remaining funds.
Injective’s initiative could improve liquidity management and make stablecoin transfers more accessible across supported networks. It also strengthens the network’s position in decentralized finance.
The dYdX transition is particularly important because of its trading activity. Greater adoption could bring additional stablecoin usage to Injective, although increased USDC circulation does not automatically create equivalent demand for INJ.
INJ Price Holds $8 Despite Broader Market Weakness
The INJ price has attracted attention because of its relative performance during recent market weakness.
Crypto analyst Crypto Patel stated that the token has gained approximately 252% from his accumulation zone and continues to hold near its recent highs despite selling pressure across the broader cryptocurrency market.
Source: Crypto Patel’s X Post
This resilience suggests that buyers have continued supporting the INJ price during challenging conditions. Injective’s expanding stablecoin infrastructure also provides additional ecosystem context for the token’s performance.
However, relative strength alone does not confirm a sustained bullish trend. Traders will continue monitoring market demand and network activity.
Crypto Patel Maintains $30, $50, and $100 INJ Targets
INJ is trading near $8, with the $7.70–$7.80 region acting as immediate support. The token’s ability to maintain this area could help preserve its short-term recovery structure.
On the upside, resistance sits around $8.24. A sustained breakout above this level could bring $8.62 into focus. However, a move below $7.70 could weaken the current structure and expose the INJ price to further selling pressure.
The daily Relative Strength Index (RSI) is near neutral territory, indicating that momentum has not reached overbought conditions. Traders are therefore watching whether buying pressure can support another upward move.
Crypto Patel maintains three long-term targets for INJ: $30, $50, and $100. His outlook is based on the token’s relative strength and performance during broader market weakness.
The analyst considers this resilience an important sign for long-term investors. However, these targets remain speculative projections rather than confirmed price levels. Reaching them would require sustained demand, favorable market conditions, and continued ecosystem development.
What Comes Next for INJ?
The upcoming dYdX v9.9 upgrade is another important development. Scheduled for November 17, 2026, it is expected to introduce the new USDC routing through Injective.
Circle’s planned discontinuation of Noble USDC services in January 2027 also increases the importance of completing the transition.
For INJ, traders will monitor the $7.70 support and $8.24 resistance while watching further stablecoin adoption across the ecosystem.
Also Read: Injective Deploys $57.5M for INJ Buybacks as INJ Price Eyes Recovery
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Mishal Ali
Mishal Ali is a Policy and Regulations Reporter at Tron Weekly with over four years of experience covering the global crypto and blockchain space. Her reporting focuses on crypto regulations and policy, alongside Bitcoin, Ethereum, altcoins, DeFi, NFTs, Web3, Layer 2 solutions, and AI-driven crypto use cases. She also tracks Ripple-related developments, enforcement actions, licensing updates, and crypto scams and fraud trends, helping readers understand regulatory and compliance risks.
