Analysis of NEAR Protocol and Injective (INJ)
AI-powered Layer-1 blockchains continue to compete for market strength as traders search for technical confirmation in volatile conditions. NEAR Protocol and Injective (INJ) are two key players in this space, but their recent chart structures and momentum indicators show contrasting trends.
NEAR Holds Market Structure While INJ Faces Downward Pressure
NEAR Protocol has remained above its 2023 support level, which shows a stronger market structure than Injective (INJ). In recent weekly candles, NEAR has traded sideways within a defined range, while its RSI has formed a bullish divergence pattern.
A bullish divergence happens when the price makes lower lows, but the RSI makes higher lows, which can point to weakening downward pressure. This pattern appears on NEAR’s chart and may suggest possible trend stabilization if volume supports a reversal.
$INJ vs $NEAR
Which AI based layer-1 is better right now?
In terms of price action, @NEARProtocol has an edge over @injective
Why?
> NEAR is above is 2023 level
> INJ is not in an uptrend based on momentum
> NEAR shows bullish divergence
> NEAR is closer to its ATH than… pic.twitter.com/JhSwbdpfpu
Injective, on the other hand, has lost a major support level that was tested multiple times during 2024 and early 2025. The price action on INJ shows a clear breakdown from consolidation and continues trending downward with no signs of base formation yet.
The RSI on INJ remains below the neutral zone, indicating that momentum remains to the downside. No divergence has formed yet, and this confirms the ongoing bearish pressure in its price trend.
Momentum and ATH Comparison Favor NEAR Over INJ
NEAR is currently trading closer to its all-time high than INJ. While both assets have declined from their peaks, NEAR’s current levels remain within the broader range formed over the past two years.
Chart data also confirms that NEAR’s trend is more compressed, meaning the asset could find direction faster depending on market volume and sentiment. “NEAR shows bullish divergence and trades above its 2023 level,” said OCT Trades on social platform X.