Understanding the 36% Surge in Story [IP] Price
On January 13th, Story [IP] witnessed an astounding 36% surge in its daily price, marking an 100% increase over the previous week. This remarkable performance came amid an overall bullish market movement, driven by softer inflation data and Bitcoin’s [BTC] upward momentum. Let’s explore the key factors behind Story’s massive rally and what’s next for this altcoin.
Market Trend and Technical Indicators
The recovery for Story [IP] began around January 11th near the 50-day Moving Average (MA), which acted as critical dynamic support. This momentum pushed its market price from $2 to a peak of $4 within days. Despite a slight cooldown to $3.89 at the time of reporting, the Relative Strength Index (RSI) indicated strong buying pressure, reaching overbought levels above 87. However, historic trends suggest caution, as similar overbought conditions in the past led to corrections.
Key Resistance Areas
Story [IP] faced immediate upside resistance near the golden ratio (61.8%) at the $5-$6 range, also aligning with the 200-day Moving Average (MA). Successfully breaking above this zone could potentially initiate the next recovery phase. However, failure to do so might result in consolidation or a reversal in market momentum.
The Role of Market Sentiment
Market sentiment has played a vital role in Story’s surge. Bitcoin’s price boost post-CPI data shifted the overall cryptocurrency market mood from ‘fear’ to a more neutral or optimistic state. This renewed confidence spilled into altcoins, such as Story [IP], reinforcing their upward trajectories.
Upcoming Protocol Upgrade Driving Interest
A key driver of the bullish sentiment around Story [IP] is the scheduled protocol upgrade named “Yusanari.” Set to activate Ethereum Fusaka features, this upgrade aims to make it easier for creators to protect and monetize their intellectual properties (IP) via blockchain technology. Scheduled for January 14th at 23:30 UTC, the upgrade will momentarily pause on-chain transactions to facilitate a seamless transition.
Major exchanges such as OKX, HTX, and Upbit have already announced measures, including temporarily suspending IP transactions, to safeguard user funds during the change. This proactive approach reflects the community’s enthusiasm for Yusanari and its potential to unlock new functionalities for creators.
Challenges: Network Activity and Revenue
Despite the impressive market performance, Story [IP] faces challenges in network traction. According to DeFiLlama data, the protocol’s monthly revenue dropped significantly from $94,000 in September 2025 to just $323 by December. This sharp decline suggests reduced network activity, raising concerns about its ability to sustain long-term growth. The start of 2026 has only seen $152 in revenues so far—a figure lagging behind many competing blockchain networks.
Final Thoughts
The recent 36% price increase in Story [IP] reflects the broader bullish market sentiment and the strong anticipation of the protocol upgrade. However, potential investors should remain cautious due to low network revenue and overbought RSI levels indicating a possible short-term correction. Staying informed about upcoming developments, especially the Yusanari upgrade, could provide crucial insights into Story’s future trajectory.
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