What could affect the price of IP?
Story’s price depends on how widely it’s adopted, its token structure, and the growing demand for intellectual property (IP) in AI development.
- Big Partnerships – Collaborations with Seoul Exchange and Barunson could increase demand.
- Token Unlock Risks – Nearly 42% of tokens held by insiders will gradually become available over four years, which might put downward pressure on price.
- AI Licensing Growth – Using programmable IP licenses for AI training data could boost Story’s usefulness.
Deep Dive
1. Big Partnerships (Positive Outlook)
Overview: Story is working with Seoul Exchange, which is tokenizing $450 billion worth of Korean real-world assets, and Barunson Studios, which is putting the Parasite movie IP on the blockchain. These moves show growing interest from established institutions. Additionally, Grayscale’s $IP Trust (Grayscale) and Heritage Distilling’s $360 million treasury investment add credibility to Story’s potential.
What this means: Real-world applications like these could increase demand for $IP tokens, which are used for transactions and governance within the Story ecosystem. If successful, this could help justify Story’s current market value of $723 million, even though daily on-chain revenue is still low ($15–$45).
2. Token Unlock Risks (Potential Downside)
Overview: About 41.6% of $IP tokens, held by early investors and core team members, will be gradually unlocked until 2029. These early backers bought tokens at around $0.10 during seed rounds, so if they sell at the current price ($2.18), it could create selling pressure.
What this means: Since $IP has dropped 72% from its peak in 2025, ongoing token unlocks without matching demand could push prices lower. Heritage Distilling’s $82 million buyback program (Heritage Distilling) might help temporarily but isn’t a guaranteed long-term solution.
3. AI Licensing Growth (Mixed Outlook)
Overview: Story offers programmable IP licenses that can be used for AI training data, which is becoming more important as AI models like GPT-5 face tighter copyright rules. Early pilot projects with Poseidon (focused on surgical AI data) and Aria (handling $100 million in music IP) show promising early adoption.
What this means: If AI companies widely adopt Story’s platform, $IP could tap into the massive $80 trillion intellectual property market. However, competition from centralized platforms like Adobe’s Content Credentials and unclear legal issues around enforcing IP rights on the blockchain remain challenges.
Conclusion
Story’s price is caught between promising partnerships and risks from its token release schedule. Keep an eye on Seoul Exchange’s real-world asset volumes and token unlocks scheduled for early 2026. The key question is whether AI’s growing need for data will outweigh concerns about token dilution and low revenue, or if these issues will continue to weigh on the price.
What are people saying about IP?
Story’s IP token is navigating a tricky path—there’s a lot of excitement around AI combined with intellectual property (IP), backed by venture capital, but concerns remain due to token unlocks and low revenue. Here’s what’s happening:
- Hype vs. reality: The promise of AI × IP faces skepticism about actual progress
- Institutional support: Grayscale trust adds credibility, but the fully diluted valuation (FDV) poses risks
- Technical signals: Key price levels will determine if momentum continues or fades
Deep Dive
1. @thanh_sky72: AI × IP Hype vs. Execution Risk — bearish
“AI x IP x RWA is a super-cycle theme… but until Disney/Tencent/Sony sign real licensing, you’re trading vapor.”
– @thanh_sky72 (382 followers · 4,756 impressions · 2025-11-28 20:35 UTC)
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What this means: The outlook is negative because retail adoption depends on big-name partnerships that haven’t happened yet. Technically, $4.18 is a key resistance level—if the price can’t break above it, it might drop back to $2.84.
2. @Paiin_ip: VC Hype vs. Tokenomics Reality — mixed
“$2.57B market cap vs. $8.33B FDV… 41.6% insider unlocks over 48 months.” Also highlights an $82M buyback and adoption on Seoul Exchange.
– @Paiin_ip (1,495 followers · 67,520 impressions · 2025-09-27 15:18 UTC)
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What this means: Sentiment is mixed. Positive factors like buybacks and real-world asset (RWA) traction are balanced by dilution risks from insiders unlocking tokens. If adoption of SDK/IPKit picks up, the price could reach $4.75.
3. @criptofacil: Technical Breakdown — bearish
Reports a 15% price drop in September 2025, citing a breakdown from an ascending wedge pattern. Coinpedia notes a 75% drop from all-time high, with $2.00–$2.50 as critical support.
– @criptofacil (103K followers · 88.4K impressions · 2025-09-25 22:07 UTC)
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What this means: Technical indicators are negative. If the price falls below $2.84, it could trigger panic selling. On-chain total value locked (TVL) has dropped 73% since September, from $45M to $12M.
Conclusion
The overall view on Story (IP) is mixed. The strong AI × IP story is weighed down by low daily revenue ($17–$45) and large token vesting schedules. Keep an eye on the ongoing $82M→$100M buyback program (60% completed) and whether the price holds above $2.50 support. If the gap between the FDV ($8.3B) and market cap ($722M) narrows, it could indicate growing institutional confidence—or it might be a false signal.
What is the latest news about IP?
Story is managing network upgrades and changes on exchanges while growing its AI and intellectual property (IP) ecosystem. Here’s a quick summary of recent developments:
- Bithumb Pauses IP Transactions (December 3, 2025) – Temporary suspension for network improvements aimed at faster speeds and better security.
- Bitget Removes IP Trading Pairs (November 28, 2025) – Stops trading due to liquidity issues amid a broader market consolidation of mid-sized tokens.
- Launch of Prediction Markets & Privacy Tools (November 26, 2025) – IP’s value jumps 21% as new AI-powered features gain popularity.
In-Depth Look
1. Bithumb Pauses IP Transactions (December 3, 2025)
What happened:
South Korea’s major exchange Bithumb temporarily stopped deposits and withdrawals of IP tokens starting December 3. This pause is to upgrade the network for faster transactions, lower fees, and stronger security. The exact date for resuming services hasn’t been announced yet.
Why it matters:
In the short term, this limits access to IP tokens on a key exchange, which can put downward pressure on the token’s price. However, if the upgrades succeed, they could improve the network’s ability to handle AI-related data uses, which is a positive sign for the future. (CoinMarketCap)
2. Bitget Removes IP Trading Pairs (November 28, 2025)
What happened:
Bitget, another cryptocurrency exchange, removed IP/USDT and other trading pairs due to low liquidity and concerns about the project’s viability. While deposits are no longer accepted, users can still withdraw their IP tokens until March 2026.
Why it matters:
This move signals some caution around IP’s trading activity on smaller exchanges, reflecting a trend where exchanges focus on more popular tokens. Still, IP remains available on major platforms like OKX and Coinbase, which helps maintain overall liquidity and access. (Bitget)
3. Launch of Prediction Markets & Privacy Tools (November 26, 2025)
What happened:
IP’s price jumped 21% to $2.98 after introducing new features: on-chain prediction markets (such as for K-pop rankings) and Confidential Data Rails (CDR), which allow encrypted storage of AI and medical data directly on the blockchain.
Why it matters:
These innovations expand how IP can be used beyond just token trading. Prediction markets add new ways for users to engage with the platform, while CDR offers a secure way to handle sensitive data, boosting IP’s appeal in privacy-focused applications. (Yahoo Finance)
Conclusion
Story is navigating short-term challenges from exchange disruptions while making strategic moves in AI and privacy technology. Although Bithumb’s pause and Bitget’s delisting reduce liquidity temporarily, the platform’s focus on prediction markets and encrypted data storage could reshape its role in programmable intellectual property. The big question is whether institutional investments, like those from IP Strategy’s $731 million treasury, will balance out the impact from retail trading setbacks.
Why did the price of IP fall?
Story (IP) dropped 7.13% in the last 24 hours, underperforming the overall crypto market, which fell 2.54%. The main reasons are exchange delistings, technical price declines, and ongoing negative market sentiment.
- Bitget Delisting Impact – Immediate loss of trading liquidity and panic selling.
- Technical Downtrend – Price fell below key support levels, showing bearish control.
- Market Fear – The Crypto Fear & Greed Index at 25 ("Fear") increases cautious trading behavior.
Deep Dive
1. Exchange Delisting Shock (Negative Impact)
Overview:
On December 5, 2025, Bitget announced it would delist IP/USDT and nine other trading pairs. Deposits were stopped, and users must withdraw their assets by March 2026. This follows Bithumb’s temporary suspension of IP deposits and withdrawals on December 3 for a network upgrade.
What this means:
Delisting reduces the ease of trading (liquidity) and signals that exchanges may doubt the token’s future. Bitget’s IP/USDT pair made up about 5% of its recent trading volume (Bitget). Forced position closures and moving assets off the platform likely caused panic selling. Bithumb’s freeze also limited chances for traders to take advantage of price differences (arbitrage), adding to selling pressure.
What to watch:
Will other exchanges also delist IP? Will IP regain listings after network upgrades?
2. Technical Breakdown (Bearish Momentum)
Overview:
IP’s price fell below its 7-day simple moving average (SMA) of $2.42 and a key Fibonacci support level at $2.61 (78.6% retracement). The Relative Strength Index (RSI) over 7 days is 36.97, indicating the token is oversold but not yet showing signs of a price rebound.
What this means:
Traders see the drop below $2.61 as confirmation of a downward trend, with the next support level at $2.15, the lowest price in 2025. The MACD histogram shows a slight increase (0.074), suggesting short-term price stabilization, but there isn’t enough buying volume to confirm a reversal.
Key level:
A daily close above $2.37 could signal some relief. If it fails, the price may test the $2.15 support.
3. Market Sentiment Drag (Mixed Effects)
Overview:
The Crypto Fear & Greed Index dropped to 25 (“Fear”) on December 5, while Bitcoin’s market dominance rose to 58.66%, as investors move funds into safer assets.
What this means:
IP’s 7.13% loss in 24 hours, compared to Bitcoin’s smaller 0.8% drop, reflects its higher risk profile as an altcoin. Projects with weaker fundamentals, like IP’s 39% loss over the past 30 days, tend to see bigger selloffs when investors are cautious. However, IP’s focus on AI and intellectual property could help it recover if market sentiment improves.
Conclusion
IP’s recent price drop is driven by exchange delisting concerns, technical breakdowns, and overall market risk aversion. While the token is oversold and could bounce back, the key to recovery depends on easing delisting fears and holding above $2.37.
Key watch: Will IP hold above the $2.15 support level, or will it break below the 2025 low amid ongoing altcoin selloffs?
What is expected in the development of IP?
Story’s roadmap is centered on building better infrastructure for managing intellectual property (IP) related to AI and real-world assets:
- IP Vault Launch (2026) – A secure place to store sensitive IP data
- Confidential IP Transactions (Research) – Privacy-focused ways to license and pay royalties
- On-Chain Storage Solutions (Research) – Storing large files directly on the blockchain
Deep Dive
1. IP Vault Launch (2026)
Overview:
Story plans to introduce the IP Vault, a secure, encrypted storage system for sensitive IP data such as AI training datasets and proprietary content. This system will allow IP owners to set rules about who can access their data, while keeping everything recorded on the blockchain (Crypto.News).
What this means:
This is a positive step toward getting businesses on board, especially in industries like pharmaceuticals and entertainment where privacy is crucial. However, the technology is complex and the launch could be delayed.
2. Confidential IP Transactions (Research)
Overview:
In partnership with Stanford FDCI, Story is researching advanced encryption methods called fully homomorphic encryption. This technology would allow IP licensing and royalty payments to happen privately, without revealing sensitive information (Technical Roadmap).
What this means:
This development is promising but challenging. If successful, it could make Story the preferred platform for industries that require strict privacy and regulation.
3. On-Chain Storage Solutions (Research)
Overview:
Story is working on ways to store large files—like 4K videos and 3D models—directly on the blockchain, reducing the need for outside storage services such as IPFS. This would make it easier to manage IP assets with their content fully integrated (Technical Roadmap).
What this means:
This could encourage more developers to build on Story by simplifying how IP is handled. However, storing large files on the blockchain can slow down the network if not managed carefully.
Conclusion
Story is investing heavily in infrastructure to connect AI data needs with blockchain-based IP rights. While there are technical hurdles ahead, its focus on secure, programmable privacy and storage meets growing demand from businesses. The key question is whether adoption will keep up with these ambitious plans.
What updates are there in the IP code base?
Story Protocol has rolled out important updates focusing on security, expanding the network’s validators, and improving compatibility with Ethereum.
- Mandatory Security Update (October 23, 2025) – Fixed critical vulnerabilities and improved network stability.
- Client Upgrades (August 19, 2025) – Enhanced APIs, consensus mechanisms, and increased the number of validators.
- Ethereum Pectra Support (August 19, 2025) – Updated to match Ethereum’s latest technical standards.
Deep Dive
1. Mandatory Security Update (October 23, 2025)
Overview: Version 1.3.3 of Story introduced essential security patches and made the network more stable for everyone running validators or nodes.
This update fixed some previously undisclosed security issues that could have disrupted the network. Node operators were urged to update quickly to keep the network running smoothly. Although a detailed report explaining the vulnerabilities hasn’t been released yet, this update is a strong move toward safer operations.
Why it matters: This is positive news for Story (IP) because it lowers the risk of network failures and builds greater trust in the system’s reliability. Users can expect fewer interruptions.
(Source)
2. Client Upgrades (August 19, 2025)
Overview: Three major software releases—named Virgil, Ovid, and Polybius—brought improvements in security, API features, and the number of validators.
Key improvements included better encryption for validator keys, support for faster syncing with the Ethereum Virtual Machine (EVM), and increasing the active validator count from 64 to 80. These changes help reduce the risk of centralization and make transaction processing more efficient.
Why it matters: In the short term, this update doesn’t drastically change things for Story (IP), but it’s a positive step for the future. Developers get better tools, and having more validators means the network becomes more decentralized and secure over time.
(Source)
3. Ethereum Pectra Support (August 19, 2025)
Overview: The Cosmas release integrated Ethereum’s Pectra upgrade, which includes several Ethereum Improvement Proposals (EIPs 7702, 2537, 7623, 7685).
Story-Geth now supports the latest Ethereum execution-layer features, such as improved data storage and more efficient smart contracts. This keeps Story aligned with Ethereum, making it easier for developers to build applications that work across both platforms.
Why it matters: This is good news for Story (IP) because staying compatible with Ethereum encourages more developers to build on the network and supports interoperability between blockchains.
(Source)
Conclusion
Story’s recent updates focus on strengthening security, scaling the network, and maintaining compatibility with Ethereum—three key factors for its vision as an AI-native platform. Although the price of IP has dropped 39% over the past month, these technical improvements set the stage for more advanced, institutional-level use cases. The increase in validators could also help make the network more decentralized in 2026.