Cryptocurrency enthusiasts remain on the edge while watching for altcoin season signs. Ethereum has started outperforming Bitcoin as it approaches the sought-after $4,000. Meanwhile, attention has shifted to large-cap, where Injective’s INJ looks ripe for a solid breakout after attaining a key technical milestone. The project has successfully launched its internal EVM, positioning itself to welcome a new wave of Ethereum-compatible developers and applications. Meanwhile, an analyst has spotted an inverse head-and-shoulders setup. The bullish pattern hints at an over 60% surge from the current price to $41. Injective attains internal EVM This achievement is a massive leap for the INJ network. Injective 🥷 @injective · Follow 🚨BREAKING NEWS: The Injective EVM mainnet has been successfully achieved internally. 6:07 PM · Jul 27, 2025 1.1K Reply Copy link Read 109 replies It brings the platform closer to interoperability, connecting Injective’s infrastructure and performance with Ethereum developers. Individuals can port over top Ether-based DeFi apps. Creators can leverage AI to create launch financial products utilizing smart contracts. Injective has integrated artificial intelligence over the past months, even launching a tokenized index for stocks and AI coins. The internal EVM will enrich INJ’s developer community and boost user activity and on-chain volume. Recently, Injective on-chain transactions surpassed 2 billion , showcasing magnified user activity. The altcoin has grabbed attention with such developments, with analysts projecting the next price move. Meanwhile, Injective has matured this cycle, quietly growing from a low-profile decentralized exchange into a DeFi-AI giant. It has reinvented itself with advanced integrations and artificial intelligence. Injective collaborated with Aethir to launch the first tokenized GPU platform in late 2024. Also, its Cosmos SDK-powered lightning-fast Layer1 has attracted strategic collaborations with web3 pioneers and web2 tech experts. Traditional finance custody providers like 21Shares and Rakkar Digital are supporting the INJ ecosystem. From a mere DEX last cycle, Injective has transformed to power a growing ecosystem of DeFi applications, including trading, prediction markets, and derivatives. With the EVM mainnet launch, Ethereum-based developers can deploy onto Injective. That bolsters the blockchain’s user base, total-value locked (TVL), and reach. Additional utility increases the digital asset’s appeal. What the charts are saying Amidst the bullish ecosystem updates, analyst Crypto Patel has observed a promising technical setup. The token is printing an inverse head-and-shoulders setup, signaling a potential massive price reversal on the horizon. INJ trades at $15.71 as its sentiment shifts to bullish. A daily closing above $16.20 would confirm the pattern and potentially catalyze significant rallies to $41. Source: Crypto Patel on X That would mean an approximately 63% gain from INJ’s current market price. Injective is in its pre-breakout compression phase, where prices coil before massive moves. Meanwhile, a break past $16.20 remains paramount for INJ’s rally. Other crucial price levels to watch before hitting the target are $26.36 and $34.32. Nevertheless, a sudden selling wave will postpone the anticipated surge, with a breach of the support barrier at $12 invalidating the bullish pattern. The post Injective (INJ) eyes 60% rally as EVM mainnet goes live appeared first on Invezz
