Internet Computer’s token price reached $17 today, its highest price in two years.
This price increase represents a 500% increase from the lowest price just six months ago.network reached The current block count is 3 billion, demonstrating high activity levels and robustness that reflects its ability to efficiently process transactions and interactions.
According to CoinMarketCap, the token’s daily trading volume surged 126%. The surge in ICP reflects growing investor interest and confidence in the token, contributing to the price increase.
The network also recently rolled out ckBTC, a digital asset that mirrors Bitcoin. This new digital asset allows internet computers to create solutions that incorporate Bitcoin trading, and ckBTC has already secured more than $12 million in total value locked (TVL).
Renewed interest in ICP is also being driven by the experimental integration of AI technology into networks. The network has unveiled the world’s first blockchain-based AI smart contract. This could mean that AI has become a core component of Web3 development. The Internet computer network has made it possible for developers to create applications that leverage his AI.
AI-based tokens have surged throughout this bull market, driven by the latest developments and the introduction of next-generation technology. WorldCoin, the venture of OpenAI CEO Sam Altman, has risen more than 400% since last year.
