Story Protocol's native token, IP, surged over 22% to reach $2.65, marking its highest level since early December 2025. This sharp recovery from lows of $2.12 was accompanied by a significant increase in trading volume, which spiked over 450% to $198 million. The rally positions IP as a standout performer among altcoins, driven by bullish sentiment in the broader privacy coin market. The surge in IP's price comes as privacy-focused cryptocurrencies like Monero and Zcash also experience notable gains. Monero led the charge, with its price nearing $600, while Zcash rose 5% to over $410. The rally in these coins occurs despite regulatory challenges, such as Dubai's ban on privacy tokens. Story Protocol, a layer-1 blockchain project aimed at tokenizing intellectual property for creators in the AI era, benefits from this market momentum, with technical indicators suggesting potential for further gains.
Story Protocol's IP Token Soars 22% Amid Privacy Coin Rally
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