$IP IP’s price is up today because Story Protocol (IP) has turned into a short term market outperformer, with a clear daily jump, strong trading volume, and growing interest around its future potential and price forecasts.[1][3][4][5]
Here are the main points “Why is IP’s price up today?”:
Double digit daily gain
Story Protocol’s token IP is up roughly 10 to 12 percent in the last 24 hours, making it one of the stronger movers among mid cap coins today.[3][4]
High trading volume backing the move
Over the last day, IP has seen tens of millions of dollars in trading volume (around 24 to 50 million dollars on major trackers), which confirms that the price move is supported by real activity, not just an illiquid spike.[3][4][5]
Recovery from deep drawdown after all time high
IP is still down more than 80 percent from its all time high around 13 to 15 dollars set in September 2025, so some traders see the current bounce as a catch up or relief rally from oversold levels.[1][6]
Mixed but active technical signals
Short term indicators are split between buy and sell signals, with several tools still calling the setup “neutral to slightly bearish,” which can attract speculative traders trying to play quick swings while volatility is elevated.[1][2]
Attention from long term price forecasts
Multiple analytic sites publish bullish long term targets for IP, with some models suggesting that Story could trade much higher by 2026 and beyond, which helps keep investor interest alive even during short term ups and downs.[1][3][8][9]
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