Story IP surges nearly 100% - Can the on-chain network upgrade support future performance?

【Crypto World】Story IP has performed remarkably well in the recent market uptrend. On January 13th, the trading day, this token surged by 36% in a single day, with weekly gains approaching 100%. Starting from January 11th, the price steadily climbed from $2 to a high of $4, although it later retraced to $3.89, the overall upward momentum remains strong.

The boost in market sentiment mainly comes from two directions—first, continuous influx of spot buy orders, and second, the softening of macro CPI data which has brought positive expectations for crypto assets. Many market participants are targeting $5-6 as the potential goal for this round of rally.

On the technical side, catalysts worth noting include the planned launch of the “Yusanari” network upgrade on January 14th, which will provide content creators with on-chain intellectual property protection features. Logically, such functional updates typically stimulate ecosystem activity.

However, it is important to observe that on-chain data currently does not look optimistic. Protocol revenue has significantly shrunk from the previous level of $94,000 to the recent $152. This weakness in revenue contrasts sharply with the hot price action, and whether future upgrades can drive genuine on-chain activity growth remains to be seen.