History Protocol IP Token Rises 22%, Outpaces Top Altcoins: See Forecast
History traded as low as around $2.12 on Monday but has since made a quick recovery. IP rose above $2.65, trading volume increased more than 400% to $198 million. Buyers can drive bullish sentiment to target $3 or higher.
History Protocol native IP has outperformed top altcoins in the last 24 hours.
At the time of writing, the token's price has risen more than 22 percent to its highest level since early December 2025.
Other coins that have seen significant gains include Monero, Canton, and Aerodrome Finance. Ethereum targets $3,500 as price holds a key level.
Tariq is a Layer-1 blockchain project focused on programming the token and intellectual property of AI-era innovators and is leading the pack.
The gains come on the back of a broad reversal of activity in privacy-focused altcoins, with IP prices surging more than 400% in daily trading volume.
The price of IP breaks over $2.50 in mega volume.
As mentioned, the history token has had a special moment.
But as the price broke above $2.50, buyers made the most of the 24-hour trading volume.
The asset rose above $2.65 as bulls breached $2.10. According to data, transaction volume exploded by more than 450% to $198 million.
The rise reflects strong bullishness and could extend IP's upward trajectory towards the $3 mark. Bulls see the level as a psychological barrier and breaking it allows for new gains.
From a technical perspective, the token is trading above the 50-day exponential moving average (EMA) at $2.31, providing strong support for further gains.
If a broader range of top cryptocurrencies turns decisively positive, IP could see further support potential.
However, the Relative Strength Index (RSI) on the daily chart stands at 73 and in the overbought zone.
This suggests a pullback while profitability is emerging. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows indecisiveness, while the Histogram shows weakness.
Monero gains history as top altcoins lead
As the chart below shows, IP posted impressive gains today.
The latest wave of bullishness has risen to $2.65, bringing the token up more than 22% in 24 hours, aligning with notable gains for many other cryptocurrencies.
Monero (XMR) led the privacy coins higher as the XMR price neared $600 on a strong rally.
$XMR took the throne from $ZEC and is now leading a bullish wave of privacy, looking very strong, after reaching new all-time highs! pic.twitter.com/wCzF8781hm
— Rand (@cryptorand) January 12, 2026
As the coin gathers momentum, coins that have been dumped have also increased in recent sessions, including Zcash (ZEC). The token is looking to ignore the bullish streak to recover and was up 5% to $410.
Monero and Zcash remain top privacy coins, but with regulatory oversight, such as the Dubai ban, the tokens have come under the spotlight.
