Internet Computer price has moved sharply higher over the past 2 days, catching attention after a period of relative quiet. ICP price has jumped more than 30% in that short window, pushing toward the $3.70 zone as trading activity surged. The timing of the move matters, because it did not happen in isolation. Momentum accelerated just as fresh details around a major tokenomics overhaul began circulating.
Analysis shared by crypto analyst Dao King helps explain why Internet Computer price is reacting so strongly right now and why this move goes beyond a simple market bounce.
ICP Price Surge Coincides With Exploding Trading Volume
ICP price strength has been reinforced by a sharp jump in trading activity. Volume expanded nearly 190% within 24 hours, reaching roughly $186M. That level of participation suggests broad engagement rather than thin liquidity pushing price higher.
Dao King notes that volume expansion often signals conviction when paired with structural changes. Internet Computer price has also outperformed several broader market benchmarks during this period, adding weight to the move. Price action aligning with volume usually points to a catalyst driven rally rather than random volatility.
Internet Computer Price Reacts To Mission 70 Tokenomics Shift
The biggest driver behind the ICP price pump is anticipation around Mission 70, a proposed tokenomics update released by the DFINITY Foundation on January 13, 2026. Mission 70 aims to reduce ICP inflation by up to 70% by the end of 2026, marking a fundamental shift in how supply is managed.
$ICP JUST DROPPED A QUIET BOMB Mission70 = up to 70% LOWER ICP inflation by end of 2026.This is not cosmetic.This is a tokenomics reset 1⃣ Supply shock incomingICP inflation today ≈ ~9.7%Post-Mission70 ≈ ~5.4% and headed much lower as burn ramps via…
— Dao King (@DaoKingdom) January 13, 2026
Dao King describes this as a tokenomics reset rather than a cosmetic tweak. Annualized inflation is projected to drop from roughly 9.72% to about 5.42%, driven by reduced issuance and