Deep Dive
1. Technical Breakout (Bullish Impact)
Overview: INF broke above the 23.6% Fibonacci retracement level ($314.57) on rising volume, while the MACD histogram (+2.75) confirmed upward momentum. The RSI-7 (75.37) signals overbought conditions but reflects strong buying pressure.
What this means: Breakouts above Fibonacci levels often attract trend-following traders, creating self-reinforcing rallies. However, the elevated RSI suggests short-term consolidation risks if profit-taking emerges near the swing high of $338.38.
What to look out for: A sustained close above the 23.6% level ($314.57) to confirm bullish continuation.
2. Ecosystem Growth (Bullish Impact)
Overview: INF’s Total Value Locked (TVL) surpassed $257M as of 16 August 2025, with 45k+ holders leveraging its 8% average SOL staking APY and DeFi integrations.
What this means: Rising TVL directly increases demand for INF tokens, which are used to access staking rewards and governance. The platform’s fee-free model and instant unstaking options enhance its competitive edge in Solana’s crowded LST market.
3. Market Sentiment (Mixed Impact)
Overview: The Altcoin Season Index surged 57.78% in 30 days to 71, signaling capital rotation into smaller cryptos. However, Bitcoin dominance remains elevated at 56.99%, capping altcoin upside.
What this means: INF benefits from risk-on sentiment but remains vulnerable to broader market pullbacks if Bitcoin reclaims investor focus.
Conclusion
INF’s price surge reflects technical momentum, ecosystem traction, and favorable altcoin tailwinds. While bullish signals dominate, traders should monitor Bitcoin dominance and INF’s ability to hold $314.57 as a support level.
Key watch: Can INF’s TVL sustain growth amid Solana’s intensifying LST competition?