Following a period of very strong price performance, traders are watching how new developments in AI and integrations with other blockchains will be received by the market.
ICP shows major price gains over the month
ICP’s price has increased by
↗143%
over the past month, significantly outpacing competitors. This trend is also seen over the past week, where ICP's
↗42%
gain was well ahead of the
↗14%
increase for NEAR.
A slight price dip seen in the last day
Despite the longer-term trend, the price of ICP saw a small daily decline of
↘1%
. This occurred as daily trading volume for the asset grew by
↗10%
.
Project focuses on AI and new integrations
Recent news highlights that Internet Computer is focusing on artificial intelligence, with an AI-powered platform called Caffeine
reportedly nearing launch. The project is also working on building access for developers to the
Solana blockchain.