Internet Computer (ICP) has experienced a remarkable surge, climbing over 39% in the last week and outperforming many leading cryptocurrencies. This spike comes as investors react positively to the newly unveiled MISSION70 whitepaper.
The document outlines an ambitious plan aimed at slashing inflation by at least 70% by the close of 2026. This goal is set to be accomplished through a dual approach involving both stimulating demand and curbing supply.
Internet Computer Leads Daily Gains Amid Overall Crypto Market Recovery
ICP has distinguished itself as one of the top performers in today’s cryptocurrency landscape. According to CoinGecko data, ICP surged nearly 26% within just 24 hours, securing its position atop the daily gainers list among the top hundred digital assets.
This upward trend is part of a broader market recovery that started earlier this week. Entering 2026, ICP’s price movements mirrored those of the wider crypto sector—initial modest gains followed by a brief pullback.
However, momentum shifted again recently with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) resuming their upward trajectories, which helped restore optimism across markets.
The positive market sentiment certainly played a role in boosting ICP’s price; however, recent developments within Internet Computer’s ecosystem also appear to have strengthened investor confidence in its core fundamentals.
“Over the past week, Internet Computer outperformed large-cap assets by increasing its market capitalization by +39%,” noted Santiment analysts.
MISSION70 Whitepaper Details Strategy To Cut ICP Inflation
The DFINITY team released their MISSION70 whitepaper on January 13th, 2026. It presents a comprehensive strategy targeting inflation reduction for ICP tokens through combined supply-side adjustments and demand stimulation measures aiming for an overall decrease of approximately seventy percent by year-end.
The supply-side reforms are expected to contribute about forty-four percent toward this reduction. Proposed changes include lowering voting rewards and node provider incentives while capping reward pools alongside implementing simpler maturity modulation mechanisms.
The whitepaper highlights that current node provider rewards exceed actual infrastructure costs significantly enough to allow these cuts without jeopardizing network security or performance integrity.
“We estimate that supply-side initiatives will reduce ICP minting from 9.72% in January 2026 down to roughly 5.42% come January next year—a forty-four percent cut,” stated DFINITY. “They believe combining these efforts with increased demand acceleration will surpass their seventy-percent inflation reduction target.”
To achieve the remaining twenty-six percent cut needed on demand side metrics requires boosting network usage substantially via AI-driven on-chain applications along with new cloud engine products designed for enhanced adoption rates.
“Achieving Mission70's total goal—from reducing inflation from nine point seven two percent down to two point nine two percent—requires increasing cycle burn rate from zero point zero five XDR per second currently up towards zero point seven seven XDR per second,” says DFINITY team members.”....
🚨The $ICP's new whitepaper reveals plans for cutting inflation drastically throughout MISION70.📉44&% achieved through reward reductions
🔥26&% driven by increased user activity
Inflation projected drop: →amp;amp;rarr;amp;amp;rarr;;9&period7&periodtwo→;2&period9
pictwittercom/gRwSg9SefiMarket Reaction And On-Chain Metrics Reflect Growing Confidence
An accompanying rise in trading activity backs up this price appreciation: Nansen data shows exchange balances holding less than half what they did just one day ago — falling more than fifty-eight percent — signaling token holders are moving coins off exchanges likely indicating reduced short-term selling pressure.
A further sign comes from Chainspect reports revealing nearly ninety million transactions processed within twenty-four hours—the highest daily throughput recorded since late December.
Technically speaking analysts remain optimistic about future prospects citing patterns reminiscent of November's chart formations suggesting if momentum persists similar upside moves could follow.
“Doesn’t this look familiar? $ICP,” tweeted The Crypto Professor along with comparative charts showing previous rallies.
This pivotal moment places Internet Computer under scrutiny as observers await confirmation whether DFINITY can successfully execute such significant economic reforms or if current gains merely reflect speculative anticipation.
This article originally appeared on BeInCrypto discussing factors behind Internet Computer’s near forty-percent rebound.