{"id":28175,"date":"2026-05-11T14:52:23","date_gmt":"2026-05-11T14:52:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/internet-computer-price-rallied-70-in-a-week-will-it-extend-its-gains\/"},"modified":"2026-05-11T14:52:43","modified_gmt":"2026-05-11T14:52:43","slug":"internet-computer-price-rallied-70-in-a-week-will-it-extend-its-gains","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/internet-computer-price-rallied-70-in-a-week-will-it-extend-its-gains\/","title":{"rendered":"Internet Computer price rallied 70% in a week, will it extend its gains?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Internet Computer price extended its explosive rally this week, climbing nearly 70% over the past seven days as investors increasingly bet on the project\u2019s push into decentralized cloud infrastructure and AI-focused blockchain services.<\/p>\n<div id=\"cn-block-summary-block_fd20a606cb464d1da72a0ae3c18c8d52\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Internet Computer price surged nearly 70% in a week, with ICP climbing from around $2.10 to highs near $3.75 amid strong buying momentum.<\/li>\n<li>DFINITY\u2019s fully on-chain WordPress demo and the new \u201cMission 70\u201d tokenomics overhaul boosted investor optimism around ICP\u2019s long-term utility.<\/li>\n<li>ICP confirmed a breakout above the $2.60 resistance zone, while bullish MACD and Supertrend signals pointed toward possible upside near $4.00.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Internet Computer (ICP) price surged from around $2.10 earlier this week to highs near $3.75 on May 11 before stabilizing around the $3.55 level at press time. The rally made ICP one of the top-performing large-cap cryptocurrencies over the past week.<\/p>\n<p>The biggest catalyst behind the move came after the DFINITY Foundation <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/dfinity\/status\/2051678456329429009\" target=\"_blank\" rel=\"nofollow\">revealed<\/a> that WordPress can now run entirely on the Internet Computer blockchain. The demonstration showed the frontend, backend database, and admin functions operating fully on-chain, strengthening the narrative that ICP could become a viable decentralized alternative to traditional cloud infrastructure providers.<\/p>\n<p>Investor sentiment improved further after DFINITY introduced \u201cMission 70,\u201d a major tokenomics overhaul designed to reduce ICP\u2019s annual inflation rate by as much as 70% by the end of 2026. The proposal also includes a new 20% revenue-based token burn mechanism that could gradually shift ICP toward a deflationary model over time.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>At the same time, traders reacted positively to the project\u2019s \u201cCloud Engines\u201d showcase held on May 10, which demonstrated enterprise-grade AI subnets capable of hosting decentralized artificial intelligence workloads directly on-chain. The event positioned ICP as one of the major blockchain projects attempting to capitalize on the growing demand for decentralized AI infrastructure.<\/p>\n<p>The combination of improving fundamentals, reduced inflation expectations, and growing AI-related optimism triggered aggressive buying activity across spot markets, while short liquidations further accelerated the rally.<\/p>\n<p>On the daily chart, ICP price confirmed a strong breakout above the key $2.60 resistance zone after spending several weeks consolidating between roughly $2.20 and $2.50.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Internet Computer price, Supertrend, and MACD chart \u2014 May 11 | Source: crypto.news<\/figcaption><\/figure>\n<p>The rally also pushed ICP sharply above the Supertrend indicator, which has now flipped green for the first time since January, signaling that bullish momentum may be regaining long-term control.<\/p>\n<p>Momentum indicators continue to support the bullish structure despite signs of short-term overheating. The MACD recently completed a strong bullish crossover while the histogram continues printing expanding green bars, suggesting upward momentum remains intact.<\/p>\n<p>ICP is now attempting to stabilize above the psychological $3.50 region after briefly touching highs near $3.75. If bulls maintain control above the breakout zone near $3.00, the next major resistance could emerge around the $4.00 to $4.10 region, which previously acted as a strong rejection zone earlier this year.<\/p>\n<p>On the downside, failure to hold above the $3.00 support region could trigger profit-taking and pull Internet Computer price back toward the previous consolidation range near $2.60 before another potential upward move.<\/p>\n<p>Internet Computer surged nearly 70% in a week after DFINITY unveiled fully on-chain WordPress hosting and a plan to cut ICP inflation by 70%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Internet Computer price extended its explosive rally this week, climbing nearly 70% over the past seven days as investors increasingly bet on the project\u2019s push into decentralized cloud infrastructure and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":22578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28175"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28175\/revisions"}],"predecessor-version":[{"id":28176,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28175\/revisions\/28176"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/22578"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}