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Internet Computer in 2025: Hype-Driven Speculation or Genuine Technological Leap?

Internet Computer in 2025: Hype-Driven Speculation or Genuine Technological Leap?

Bitget-RWA2025/11/24 17:40
By:Bitget-RWA

- Internet Computer (ICP) surged 30–39% in November 2025 amid market volatility, sparking debates over speculative vs. fundamental drivers. - Speculative signs include 100% weekly price swings, rising TVL ($237B) from institutional flows, and declining DApp engagement (-22.4%). - Fundamental gains include decentralized AI advancements, Microsoft/Google partnerships, and industrial IoT integrations boosting enterprise appeal. - Risks persist: SEC scrutiny, Solana/Ethereum competition, and TVL-DApp divergenc

The (ICP) made headlines in 2025 after experiencing a sharp price rally, fluctuating between $6.03 and $6.56 throughout November—a jump of 30–39% despite overall market instability . This surge has ignited a major discussion: Is ICP’s growth fueled by speculation, or does it reflect a real transformation in blockchain adoption? To explore this, we analyze the latest updates, blockchain data, and insights from industry experts.

Speculative Factors: Swings and Short-Term Trends

ICP’s recent price movements display typical characteristics of speculative trading. In the last quarter, the token

, surpassing the $7 mark before quickly dropping by 25% over several days. Such volatility mirrors trends seen in speculative markets, where sudden capital inflows—often from large investors—cause dramatic price changes. indicates a 35% rise in daily active addresses and a jump in decentralized exchange (DEX) trading volume to $843.5 million, up from $532.53 million the week before. Although these figures point to increased retail activity, they also suggest that much of the trading is driven by liquidity rather than consistent demand.

An important warning sign is the gap between Total Value Locked (TVL) and user activity on decentralized applications (DApps).

in Q3 2025, mainly due to institutional investment and the tokenization of real-world assets. However, during the same timeframe, suggesting that much of the capital is speculative rather than linked to organic user adoption. Furthermore, —typically a sign of long-term holding—has been matched by repeated liquidity surges, casting doubt on the durability of its price movement.

Underlying Factors: Decentralized AI and Corporate Integration

Beneath the surface volatility, ICP’s rise is supported by major technological and strategic progress. The platform

, making it possible to run advanced models like facial recognition and image classification directly on-chain, without depending on centralized cloud infrastructure. The upcoming Caffeine AI toolkit, , aims to simplify blockchain development through natural language interfaces, potentially making decentralized computing more accessible.

Internet Computer in 2025: Hype-Driven Speculation or Genuine Technological Leap? image 0

Collaborations with Microsoft Azure and Google Cloud have

, boosting its scalability and appeal to large enterprises. These partnerships, for seamless cross-chain operations, underscore ICP’s goal to rival established cloud service providers. Industrial IoT solutions, including the PMC series power controllers and the IoTstar cloud management platform, .

Obstacles and Potential Pitfalls

Despite these strengths,

faces significant challenges. threaten its tokenization initiatives, while competition from and remains intense. Moreover, raises doubts about ICP’s ability to retain users over the long term. While its technical framework—including Canister smart contracts, scalable Subnets, and a reverse gas fee model— to conventional cloud solutions, it is still uncertain whether these advantages will lead to lasting adoption.

Summary: Blending Hype with Real Promise

The Internet Computer’s performance in 2025 showcases a mix of speculative excitement and genuine technological progress. While blockchain data such as TVL and DEX activity point to short-lived capital inflows, ICP’s strides in decentralized AI, enterprise collaborations, and industrial IoT integration provide a solid base for future expansion. For those considering investment, it is crucial to weigh ICP’s innovative strengths against its price volatility and regulatory uncertainties. As the blockchain sector matures, ICP’s success will depend on its ability to move beyond hype and deliver practical, real-world value—determining whether this rally is a temporary spike or a lasting transformation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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