Internet Computer’s token price has surged to $17 today, marking its highest value in the past two years. This significant increase represents a 500% growth from its lowest price just six months ago. The network has hit a milestone of three billion blocks today, showcasing a high level of activity and robustness, highlighting its efficiency in handling transactions and interactions.

According to CoinMarketCap, the token’s daily trading volume has spiked by 126%. This surge in ICP’s value reflects a growing interest and confidence among investors, contributing to its price surge.

The network has 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 has introduced the world’s first blockchain-based AI smart contract, signaling the integration of AI as a core element of web3 developments. This advancement now enables developers to create AI-powered applications on the Internet Computer network.

AI-based tokens have experienced significant growth during this bull market, driven by the latest technological advancements. For instance, Worldcoin, a project led by OpenAI CEO Sam Altman, has seen a 400% surge in value since last year.

Post Views: 4