The price of Internet Computer’s token has surged to $17 today, marking its highest point in two years. This increase represents a remarkable 500% growth from its lowest price just six months ago. The network has now surpassed three billion blocks, showcasing its high activity level and robustness, demonstrating its ability to handle transactions and interactions with efficiency.
According to CoinMarketCap, the token’s daily trading volume has jumped by 126%. This surge in trading activity reflects a growing interest and confidence among investors in the token, contributing to its price surge.
In addition to this, the network recently introduced ckBTC, a digital asset that mirrors Bitcoin. This new asset allows Internet Computer to incorporate Bitcoin transactions into its solutions, with ckBTC already securing over $12 million in total value locked (TVL).
The renewed interest in ICP is also fueled by the network’s experimental integration of AI technologies. The network unveiled the world’s first blockchain-based AI smart contract, signaling that AI has now become a central component of web3 developments. Internet Computer now empowers developers to create AI-powered applications.
AI-based tokens have seen a significant surge during this bullish market, driven by the latest advancements and the introduction of cutting-edge technologies. Worldcoin, a project led by OpenAI CEO Sam Altman, has seen a staggering 400% increase in value since last year.
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