The post Internet Computer (ICP) Surges 17% as Trading Volume Triples Ahead of Major Tokenomics Update appeared on BitcoinEthereumNews.com.

Key Notes Weekly token burn reached 18,728 ICP, marking the second-highest rate since September as deflationary pressures mounted. Trading volume surged 190% to $186.21 million while the broader crypto market added modest gains amid fearful sentiment. Technical reversal patterns emerged on five-day charts, erasing approximately three weeks of prior downward movement. Internet Computer posted a 17% gain over 24 hours, climbing to $3.70 as trading volume nearly tripled compared to the previous day. The token’s daily trading volume reached $186.21 million, up 190% from the prior session, according to data from CoinGecko. ICP ICP $3.55 24h volatility: 11.8% Market cap: $1.94 B Vol. 24h: $217.97 M touched a seven-day high of $3.71 after trading as low as $3.09 earlier in the week. The project, developed by the Swiss nonprofit Dfinity Foundation, currently holds a $2.02 billion market cap. ICP price 1H | Source: TradingView Upcoming Tokenomics Announcement The price movement comes ahead of an anticipated ecosystem announcement. Dfinity founder Dominic Williams confirmed on Jan. 12 that a white paper detailing the Mission70 initiative would be published on Jan. 14. The proposal aims to reduce the rate at which new ICP tokens enter circulation by 70% during 2026. #Mission70 paper is on its way as promised 🙂 Once that’s shipped tomorrow, I’m going to announce an already imminent date for Internet Identity 2.0! Generally speaking, 2026 is going to involve a lot of big announcements, and a lot of impactful new things, so buckle up 💪 https://t.co/YLEgcjc0BB — dom williams.icp ∞ (@dominic_w) January 12, 2026 Technical analysts also pointed to chart patterns as a contributing factor. Analyst @brain2jene observed that the token’s five-day chart displayed a reversal pattern that erased approximately 20 days of prior losses. $ICP is sending a clear signal that momentum is building on the 5D chart, combined…

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Filed under: News - @ January 13, 2026 5:27 pm