ICP Surges 35% as Mission 70 Promises a Big Inflation Cut

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The Internet Computer moved in the light like a stubborn mule, its rally stretching to 35.20% over seven days. It climbed from 3.09 to a weekly high of 4.71, then settled at 4.25, as if the numbers themselves needed a nap after a long stretch of sun. A story told in digits, with a bite of grit and a wink of irony. 🚀😏

Trading volume rode up to 797 million over 24 hours, up 150% from the day before, according to CoinGecko. The climb followed a 17% rally on January 13, right on cue before the white paper strutted onto the stage like a bragging professor.

ICP/USDT 1-hour chart showing the rally from $3.20 to $4.70 between Jan. 13-15. RSI reached overbought territory above 70. | Source: TradingView

Mission 70 White Paper Released

Dfinity founder Dominic Williams published the Mission 70 white paper on Jan. 13. The document proposes reducing ICP inflation by at least 70% by the end of 2026, which sounds noble until you remember the coffee budget and the mortgage on the data center. Fewer new tokens in the air means fewer coins to chase, which could help the steady hands in the room-if the room doesn’t startle at every tremor. 😅

An important new ICP white paper. This is a big one, enjoy! #Mission70

“Mission 70 and Accelerating the Internet Computer Economy”

– dom williams.icp ∞ (@dominic_w) January 13, 2026

The paper estimates that proposed changes would cut annual token creation from 9.72% to 5.42%, a 44% reduction. Fewer tokens would drift into the world, which might ease the ache of inflation, or at least calm the nerves of holders who watch charts with the patience of farmers waiting for rain.

Additional platform usage through Dfinity’s cloud services and its Caffeine.ai application would drive the remaining reduction by increasing the rate at which ICP tokens are permanently removed from supply. It’s a quiet engine behind the scenes, like a river wearing away rock, sometimes not flashy, but inevitably shaping the land. 🌊

Williams also responded to Ethereum co-founder Vitalik Buterin on Jan. 14. Buterin had declared Web3 infrastructure ready for mainstream use. Williams positioned Internet Computer as a working implementation of that vision, saying its cloud platform would reach mass-market adoption in 2026. A bold claim, perhaps, but then so is a river claiming it will cut through a mountain if you wait long enough. 🧭

By 2015, work began to build a functioning world computer, that can truly host sophisticated apps onchain, by reimagining network design from first principles. After years of R&D it emerged. It’s called the Internet Computer. In 2026, onchain cloud will go mass market.

– dom williams.icp ∞ (@dominic_w) January 14, 2026

 

Market Context

Community tracker @DfinityToday reported that ICP overtook NEAR $1.77, 24h volatility 4.3%, market cap $2.27 B, and 24h volume $229.02 M, moving into second place among AI and big data tokens by market cap on CoinMarketCap. The feed noted the token had gained over 40% year-to-date, a stretch that makes even the calmest investor blink. 😄

$ICP has just overtaken $NEAR and now occupies the 2nd position in the ranking of AI and Big Data tokens by market capitalization on CoinMarketCap.

– Internet Computer Today (@DfinityToday) January 14, 2026

The Fear & Greed Index climbed to 61, a greed reading after a brief flirtation with fear at 26 two days prior. Total crypto market capitalization added 0.56% to reach $3.35 trillion. The day wears its emotions like a work shirt-sturdy, a little worn, and covered in the fingerprints of a thousand trades. 😌

24-hour liquidation heatmap showing $185.91 million in BTC and $92.28 million in ETH forced closures. Red indicates long positions liquidated. | Source: Coinglass

Derivatives data from Coinglass showed bearish bets accounted for $260.53 million in forced closures over 24 hours, compared to $196.17 million for bullish positions. In plain talk, the crowd betting against the market bought the graveyard for a moment, then walked away with a lighter wallet. Total market liquidations reached $456.68 million, down 38% from the prior day. A rollercoaster dressed in numbers. 🎢

ICP sits 56th by market cap at $2.31 billion. The token is listed on major exchanges, including Binance and Coinbase, which means the townsfolk can trade it at the general store or the corner cafe-your pick, as long as you bring change and a little faith.

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2026-01-15 19:29