Internet Computer's ICP token price surged to a high of $2.58, up 9% in 24 hours, with trading volume skyrocketing by 93%, surpassing $125 million. This rally once again tested the key supply zone above $2.50. Technical analysis indicates that if this level can hold, ICP's potential upside targets may be between $3.21 and $4.00. The recent surge coincides with an overall market recovery and a new proposal from the DFINITY Foundation aimed at introducing a revenue-driven token burn mechanism, directly linking ICP's supply reduction to network demand.

ICP4,79%

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