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Internet Computer jumps 11% on three-fold volume surge, AI narrative boost
- Internet Computer rose 11.24% on May 27 to close at $2.94, among major layer-1 blockchain gainers.
- Trading volume jumped to 73.17 million tokens, which is 3.44 times its 30-day average.
- The single-day surge extends the asset's 7-day gains to 11.72%, as AI-focused blockchain narratives gain traction.
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Conclusion
Internet Computer (ICP-USD) closed at $2.94 on May 27, up 11.24% from $2.64 on May 26. Volume was 73,168,639 tokens vs 20,832,291 on May 26 and a 30-day average of 21,257,499. The 7-day ago close was $2.5342 on May 20. The move coincides with a Goldman Sachs report highlighting AI agent token usage growth and ICP's 287 billion mainnet transaction milestone. Verified by querying daily closes and volumes in @coindesk.indices.coindesk_spot_price.