Story price is having a strong day, jumping 12.36% over the past day and trading around $5.36. It’s currently the top gainer in the market, with daily trading volume also surging 37.77% to $89.27 million.
This move isn’t just technical, it’s backed by a wave of attention around one of Story Protocol’s core projects: Poseidon.
The rally follows a major funding announcement. On July 22, Poseidon, a decentralized AI data platform incubated by Story Protocol, secured $15 million in a seed round led by a16z Crypto.
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Poseidon is working on licensing real-world datasets like robotics and speech data to train AI models, and it’s doing it on-chain using Story’s infrastructure.
This funding validates what Story has been building, especially its broader “Chapter 2” plan to tokenize real-world intellectual property. With big players like a16z getting involved, investors have started paying close attention.
Analysts say this fresh round of capital and the AI x blockchain narrative are the key reasons behind IP price breakout, and it’s not just hype. The technical setup and rising volume are reinforcing the move.
$IP climbed 11% in the past 24 hours, driven by renewed confidence following Poseidon's $15M seed round led by a16z crypto.
— Crypto Winkle (@CryptoWinkle) July 24, 2025
This funding validates @StoryProtocol's long-term bet on decentralized data infrastructure for AI – a critical piece for scaling real-world robotics and… pic.twitter.com/p26v6EPCRM
What you'll learn 👉
Story Technical Indicators Confirm Bullish Structure
Technical analysis of the 4H IP chart reveals a well-defined parabolic uptrend. The Story price has climbed steeply from a consolidation base between $2.00 and $3.00, forming a rounded cup pattern that typically precedes momentum-driven continuation.
Current support levels are noted between $4.50 and $5.00, with earlier levels around $3.40 to $3.80 offering stronger historical support.
Indicators confirm the move.The RSI has risen to 73.23, which means very strong bullish momentum. MACD became positive during the breakout, supporting trend continuation.
IP price has also cleared the 23.6% Fibonacci retracement level and moved above the 7-day simple moving average. Analysts are projecting a short-term move toward $6.50–$7.00, with some forecasts extending toward $9 if the trend remains intact.
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Derivatives and IP On-Chain Data Reflect Institutional Positioning
The derivatives market has recorded a $64 million increase in open interest and liquidity, according to the tweet shared by top analyst CryptoWinkle.
This means that leveraged players are entering the market, typically a sign that growing confidence is entering the market from traders. The rise in open interest combined with a rise in spot volume indicates that speculative and longer-term participants are entering.
While the broader crypto market remains mixed, capital rotation into blockchain-AI narratives is becoming more visible.
IP price action reflects this shift, positioning the token among the leading assets reacting to evolving investor attention in infrastructure that supports artificial intelligence.
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Story Price Market Outlook Remains Focused on AI x Blockchain Narratives
The IP token’s current rally aligns with a broader narrative combining artificial intelligence, tokenized data, and on-chain licensing.
With institutional investors like a16z entering the ecosystem through strategic rounds, assets like IP are attracting volume, open interest, and momentum.
As capital continues flowing into this sector, Story Protocol’s token is now one of the primary assets showing strong price structure, volume expansion, and on-chain engagement. Traders are watching the $6.00 level as the next key area for either continuation or short-term resistance for IP price.
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