INJ Nears $8.59 Resistance After Leading FDV-to-Revenue Ranking

INJ trades near $8.59 resistance after posting a 0.95 FDV-to-revenue ratio, the highest among major chains. Buybacks are shrinking its circulating supply, supporting the token's valuation. The ratio indicates the market cap is nearly equal to annual revenue, a strong metric that may attract investors as INJ approaches this key price level.