Injective Protocol (INJ) is poised for a potential 30-60% price increase following the approval of the IIP-619 upgrade and significant institutional investment. The upgrade, passed with a 99.99% majority, enhances the network's real-time EVM architecture and doubles token deflation mechanics, potentially attracting more DeFi users. This development led to a 13% price surge, with INJ reaching $3.60 before stabilizing around $3.20. Pineapple Financial has further bolstered INJ's prospects by acquiring 7% of the total supply through a $2 million open-market purchase. Analysts suggest that maintaining a 4-hour close above $3.50 could trigger a breakout, with targets set at $4.50, $5.00, and $5.50. Despite trading 76% down year-on-year, the combination of technical indicators, network upgrades, and institutional interest positions INJ as a high-risk, high-reward opportunity in the crypto market.