The native token IP of the story protocol increased by more than 100% in July, which is rapidly inspired by the development of the ecosystem, expanding the utility of the real world, and the token intellectual property infrastructure renewes investor interest in the infrastructure.
Summary
- The IP is more than 100% of its July.
- Many ecosystems Satan have helped maintain the glory of the story protocol.
- The Story Protocol has processed more than 1.7 million on-chain IP-fleeted transactions.
Crypto.news, Kasbant for data from Story (IP) was trading at $ 5.95, on 1 August, its market capitalization is around $ 1.75 billion. The token is now up to 105% from July and up to 140% from its year-on-year, which marks one of the strongest menstrual displays between the top mid-cap ultcoin.
Why did IP sleep in July?
The Rali of IP is underlined by increasing user activity and adoption. The story protocol has processed more than 1.7 million on-chain-checked transactions and current support to over 200,000 monthly active users, according to rejecting filming in its latest. Use matters from content creators. Tag the source complete training data to AI Devilopers who tag their similarity in video footage.
Additionally, the incubation by the Posidon, a decentralized AI data pipeline story, has drawn the instant attraction. At the end of July, the project protects $ 15 million in seed funding led by the project A16Z Crypto, which aims to tokens the real -world data, such as a surgical story chain. This step expands the application of the protocol beyond the creative license in an AI infrast.
For bin call, the story protocol is an EVM-component layer ‘1 blockchain designed especially for’ chain intellectual property, from creative property to real-overdive data. Publicly launched on February 13, 2025, it introduces “IP Legos” (NFT-based on-chain IP assets), programmable licensing and royalty modules, and a global Provence Registration for Remix-Frely and Mudrikation.
Since the launch, the story enabled the toknation of high-profile music IP, Justin Bieber’s “Pachis”, Miley Cyrus and Dua Lipa’s “Jail”, Marun 5’s “Koi Prem”, Katy Perry’s “Daisies”, and Kati Perry’s “Daisies”, and Smart-Cortract-Alty, Frant, Frant, Frant, Frant, Frant, Fantal, Hit like a hit.
Will the benefits continue?
Many react developments have posted the story protocol as one of the most discussed season, which is fuel with narrative power and real-growth.
Some major devils include:
- Grassscale Story Trust Launch: One of the largest digital-property managers, Grassscale Investments launched a dedicated single-asset trust for IP tokens on 31 July. Investors regulated access to the story without holding the token directly.
- IP.World V2 Rolout: Story’s Meme IP Tokenization platform launched its second edition in July, introducing “Evil Larry”, a programmable meme asset that reached a market cap of $ 13 million, which was with $ 13 million days with $ 13 million. The IP.World Story brings a consumer-supporting layer to the ecosystem, allowing communities to tokens viral content and manage its license through the underlying wireless metrics and social government mechanisms.
- Introduction to remixable IP architecture: Story Protocol now enables permission to allow on-chain for Durvet works, allowing any registered property, a song, video clip, or dataset legally to allow rimip and month. This “remix economy” composition facilitates downstream creativity that ensures attractive and shared royalty through smart contracts. This is a major step in promoting operations among creative and AI secretaries.
IP price analysis
On the daily chart, IP has been trading with a wedge pattern since exiting its initial accumulation range over the end of June to July. The pattern shows the prices that make prices slightly higher and high, meaning the market is getting ready for a breakout or reversal.
The token is tracking its 20-day, 50-day and 200-day moving averages, a strawbulish sign. This means that both short -term and long -term traders are supporting uptrend, suggesting that the speed is likely to continue.
Additionally, the Saudi directional index has increased to 63, indicating a strong tendency above the critical threshold of 25 above 25, and 50 which are 50, they suggest very strong directional motion, in this case in favor of the bull.
Momentum indicators like MACD also point upwards. Signal and MACD lines remain in a positive crossover, which shows green histogram bar showing that buyers are still under control.
Therefore, a confirmed breakout from the upper trendline of the veg at $ 6.63, a resistance learning that has been rejected several times this year, can trigger a sharp upwards. Ecoding for extended fibonacci retracement levels, the next major target at les $ 9.20, about 55% above the current price level.
While the strong July rally of IP can be shut-ending or localized from an overbott RSI reading, the deep utility of the protocol, the institute alignment, and the community-mini innovation provides a strong foundation for continuity for this bull season.