Internet Computer’s token price hit $17 today, its highest level in two years.
The price increase represents a 500% increase from the lowest price six months ago.network arrive It has now reached 3 billion blocks, indicating a high and robust level of activity, reflecting its ability to efficiently process transactions and interactions.
According to data from CoinMarketCap, the token’s daily trading volume surged 126%. The spike in ICP reflects growing investor interest and confidence in the token, driving its price higher.
The network also recently launched ckBTC, a digital asset that mirrors Bitcoin. The new digital asset allows Internet Computer to create solutions that include Bitcoin transactions, and ckBTC has over $12 million in total value locked (TVL).
The network’s experimental integration of artificial intelligence technology is also driving new interest in ICP. The network released the world’s first blockchain-based artificial intelligence smart contract, which may mean that artificial intelligence has become a core component of web3 development. Internet computer networks now enable developers to make artificial intelligence-driven applications.
Artificial intelligence-based tokens are surging throughout the bull market, driven by the latest developments and the introduction of next-generation technology. Worldcoin, founded by OpenAI CEO Sam Altman, has risen more than 400% since last year.