Internet Computer Sees ICP Token Surge

Internet Computer's native token, ICP, rallied to an intraday high of $2.58 and saw 93% higher trading volume, exceeding $125 million over 24 hours during the market recovery. DFINITY has proposed a tokenomics overhaul allocating 20% of cloud‑engine fees to buybacks and burns while redirecting 80% to performance‑linked node rewards, a governance proposal that may materially affect supply and valuation.