Internet Computer Rallies to Four-Month High Amid Governance Debate

Internet Computer (ICP) has surged to a four-month high of $3.40, trading around $3.30 with a 12.5% daily gain. The rally follows a debate over freezing stolen funds after the Bitget hack, where DFINITY founder Dominic Williams expressed support for using the Network Nervous System (NNS) to freeze assets, contrasting with THORChain's refusal to intervene. The news triggered a spike in derivatives activity, with Open Interest rising 18% to $121 million and significant bullish sentiment among Binance traders, though some holders are now taking profits.