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By Siamak Masnavi, CD Analytics|Edited by Aoyon Ashraf
Jul 13, 2025, 8:53 p.m.
- ICP is up 4% in the past 24 hours, trading around $5.48 as momentum builds ahead of a major product launch.
- Caffeine, an AI-powered platform for building fully on-chain Web3 apps using natural language, launches July 15 at an event titled “Hello, Self-Writing Internet” held in San Francisco.
- Caffeine runs on Internet Computer, a decentralized layer-1 blockchain designed to support full-stack, fully on-chain applications.
Caffeine is an innovative platform built on the Internet Computer (ICP) blockchain that enables users to create decentralized Web3 applications using natural language commands — no coding skills needed. By simply describing what they want, users interact with an AI-powered system that instantly generates fully functional, secure, and scalable apps running entirely on-chain. These apps are deployed as smart contracts (called canisters) on the Internet Computer, ensuring they are tamper-proof and decentralized.
The platform’s interface resembles a chat experience, where users communicate with an AI “builder agent” to specify app features and functionality. This conversational approach allows continuous refinement and customization of apps through simple text prompts, making app development accessible to everyone, regardless of technical background.
STORY CONTINUES BELOW
Caffeine supports a wide range of applications, including e-commerce websites, social media platforms, blogs, and business tools like customer relationship management (CRM) and enterprise resource planning (ERP) systems. It also caters to personal projects and institutional use cases, offering flexibility across sectors.
One of Caffeine’s unique strengths is its fully on-chain deployment on the Internet Computer Protocol (ICP) blockchain. This ensures high security, resilience, and seamless integration with Web3 features such as decentralized identity and token payments. The platform also includes an app store where users can publish, discover, clone, and subscribe to apps, fostering a dynamic ecosystem of self-writing applications.
Caffeine was first publicly demonstrated last month by Dominic Williams, the Founder and Chief Scientist of the DFINITY Foundation, at the World Computer Summit 2025 in Zürich, where he showcased rapid app creation from natural language inputs.
Its official public launch is scheduled for July 15, 2025, at the “Hello, Self-Writing Internet” event in San Francisco. By combining AI-driven code generation with ICP’s blockchain technology, Caffeine aims to revolutionize how decentralized apps are built, making Web3 development intuitive and widely accessible.
At the time of writing, ICP is trading at around $5.48, up 4% in the past 24-hour period, according to CoinDesk Research’s technical analysis model.
Technical Analysis
- Support anchored at $5.14 during opening session.
- High-volume breakout hit at 21:00 UTC on July 12 with 504,468 units.
- Fresh resistance carved at $5.37, subsequently breached.
- Higher lows sequence validated bullish structure.
- Session peaks touched $5.49 on steady buying flow.
- Volume crushed 24-hour average during breakout windows.
- Final hour showed consolidation with volume fade in closing.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
