THE Computer Internet
PCI
$8.23
24h volatility:
33.6%
Market capitalization:
$4.44 billion
Flight. 24h:
$1.52 billion
continued its explosive rally, rising nearly 39% on November 7 alone. This brings the cryptocurrency’s seven-day gain to over 200%, adding $3.1 billion in market capitalization.
The rally made ICP the largest AI blockchain in the world, toppling Bittensor
TAO
$373.1
24h volatility:
0.2%
Market capitalization:
$3.59 billion
Flight. 24h:
$399.32 million
. According to the data According to CoinMarketCap, ICP is currently trading at $8.56 and has a market capitalization of $4.57 billion, ranking among the top 30 cryptocurrencies.
Data From CoinGlass, futures open interest (OI) for ICP on major exchanges reached an all-time high of $237.92 million. The increase in OI indicates that new capital is flowing into the market.
ICP Open Interest | Source: CoinGlass
Meanwhile, on-chain data reveals that the ecosystem’s total trading volume jumped to $1.4 billion, a 100% increase over the past day. This is the highest commercial activity since March 2022, suggesting renewed investor interest in AI-related blockchain projects.
ICP Rally Fueled by AI Hype
Social engagement metrics also indicate growing interest, with 4,850 posts and 2.21 million interactions recorded in DePIN discussions.
ICP’s latest price hike was largely driven by a key announcement from the Dfinity Foundation, the Switzerland-based organization behind the Internet computer protocol.
In early November, Dfinity unveiled Caffeine, a new AI platform capable of building applications from scratch. Originally demonstrated in Zurich during SFTechWeek in October, the full version of the app now allows users to enter text, images and code prompts.
A short-term correction coming?
Despite the bullish trend, the technical indicaInvestors are signaling potential overbought conditions. ICP’s daily RSI has climbed above 85, suggesting the cryptocurrency may be in a cooling period following its parabolic rise.
ICP Price Chart with RSI and Bollinger Bands | Source: TradingView
The price has also moved well above its upper Bollinger band, often a sign of short-term overheating.
However, analysts are considering higher price targets on social media. Ali Martinez noted that the bullish momentum could continue, identifying key resistance zones at $7.50, $11.50 and $20.
Three Key Resistance Levels to Watch for Internet Computer $ICP during this pump:
• $7.50
• $11.50
• $20 pic.twitter.com/PupfiuL9yS– Ali (@ali_charts) November 6, 2025
If ICP maintains its volume and investor confidence, the current rally could extend further, making it one of the best crypto to invest in right away.
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