The post Decoding ICP’s 35% rally: Has the AI-driven boom just begun? appeared com. Key Takeaways What’s fueling ICP’s recent 35% rally? The launch of its AI platform Caffeine and rising investor interest are driving the surge. Could ICP continue its upward momentum? Strong capital inflows, bullish sentiment, and minimal downside liquidity suggest potential for further gains. Internet Computer [ICP] has become the latest buzz in the crypto market, driven largely by developments within its ecosystem, particularly the public launch of its artificial intelligence (AI) platform, Caffeine. As a result, ICP has recorded a significant 35% rally in recent days, pushing the asset close to the double-digit zone. Interest and investor sentiment turn bullish Google Trends data shows a sharp increase in search interest for ICP, with the “Interest Over Time” metric reaching a peak score of 100, indicating the token’s highest level of popularity to date. Historically, such spikes in search interest have aligned with major price movements, often in the upward direction. At press time, 84% of 113, 900 investors expressed a bullish outlook on ICP, indicating expectations of a continued rally. Data reviewed by AMBCrypto also shows a correlation between retail search interest, sentiment votes, and capital inflows into the market. Capital flow backs the rally In the past day, ICP recorded a strong capital inflow, particularly in the derivatives market. Open interest rose by $85 million to reach $261 million, as of writing, signaling renewed investor engagement. This surge was accompanied by a 92% rise in token trading volume to roughly $1. 27 billion, bringing total trading capital to $2. 45 billion. The Long-to-Short Ratio has stayed above 1, confirming that buying volume outweighs selling activity. Rising capital inflow and trading volume could further strengthen ICP’s upward momentum, potentially pushing.