The IP token of Story Protocol has shown impressive growth of over 100% in July 2025. This is associated with user activity and developing functionality.
Reasons for the IP Token Surge
The IP rally is driven by increasing user activity and application. The Story Protocol has processed more than 1.7 million transactions related to intellectual property (IP) and currently supports over 200,000 monthly active users.
Developments in the Story Protocol Ecosystem
Key events in July include the launch of the Grayscale Story Trust, providing institutional investors access to the IP token, and the rollout of the updated version of the ip.world platform. These developments have contributed to rising interest in the token.
IP Token Price Analysis
On the daily trading charts, the token shows an upward trend, trading above its 20-day, 50-day, and 200-day averages. This indicates support from both short-term and long-term traders, suggesting potential for further growth.
The IP token of Story Protocol demonstrated impressive results in July, and its further growth will depend on deeper utilities and innovations within the ecosystem.
