Injective Vulcan mainnet upgrade goes live on 09 June as INJ sees pullback

Injective said on 09 June that its Vulcan mainnet upgrade is now live, positioning it as a major update focused on perpetuals, stablecoins, and tokenization. INJ fell 2.01% on Tuesday and was down another 7.14% afterward, though it attempted a rebound in the hours before press time. Despite the post-upgrade sell-off, the analysis pointed to key support zones at $3.72, $4.50, and $5.04 while noting broader market weakness could keep risk elevated.