Internet Computer trades within a narrow range after an early-volume breakout attempt stalled, keeping the token pinned between key support at $6.05 and $6.66.
Internet Computer (ICP) eased 0.65% to $6.30 as consolidation held above a critical support level, with volume up 77% during a resistance test near $6.67.
Also: Plasma to Launch Mainnet This Week, New Liquid Staking Token for XRP Holders, and ICP Bets Big on AI Tech Stack.
ICP rebounded to $5.05 after Ignition milestone enabled on-chain LLMs, expanding blockchain’s potential for AI-powered dapps.
Internet Computer defends critical support after sharp swings, with institutional activity visible in volume spikes
ICP traded in a 5% channel from $4.60 lows to $4.84 on surging volume, showcasing resilience despite broader market turbulence.
ICP executes V-shaped recovery, reclaiming $5.13 on heavy volume, possibly setting up for continued gains
Internet Computer Protocol trades lower with volume spikes signaling institutional distribution and retail weakness.
ICP breaks below $5.48 support with volumes nearly doubling, signaling large-scale institutional selling
Internet Computer defends key support with multi-million unit volume surges, fueling a breakout toward $5.40 resistance
Internet Computer falls amid volatile trading, but rebounds off $4.97 lows with elevated volume
DFINITY burns 1M tokens while debuting tools that enable app creation using plain English, sparking institutional demand.
ICP declines as broad altcoin-market retreat overwhelms Bitcoin DeFi infrastructure news.
Caffeine, which calls itself “the first complete tech stack designed for AI,” launches July 15 in San Francisco.
ICP climbs to $5.19 after a breakout rally, with rising volume and leading GitHub activity highlighting blockchain growth.
A cybersecurity report linking fake crypto wallet extensions to Russian-speaking attackers has worsened market jitters as ICP breaks below $5 support
Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with CryptoSlate. The new solution is called Liquidium Cross-Chain Loans and was announced at the Bitcoin 2025 conference. Liquidium’s Cross-Chain Loans According to the company, the […]
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Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.
Censorship, propaganda, privacy, and self-harm are just some of the concerns decentralization advocates have with centralized AI models.
Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has officially launched its mainnet after raising nearly $12 million, according to a Nov. 19 statement shared with CryptoSlate. The Layer-2 network aims to bridge the gap between Bitcoin and DeFi, offering enhanced interoperability and abstraction. Its goal is to bring Bitcoin-native […]
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Internet Computer (ICP) continues to impress investors as it captures gains despite the market being down a few percent today. According to the latest market data, the token is up 16% since last week, a confirmation for some that ICP will continue to trend upward in the coming days. Related Reading: XRP Set To Soar Nearly 900% To $31, Analyst Highlights Key Resistance Despite the market’s undeniable bullishness, a reversal might be forming in the coming days, threatening this month’s gains. However, with investors anticipating ‘Uptober’, there might still be room for investors to squeeze in some gains as the month ends. Rejection At $9.90 Might Force Investors Below $9.23 As of writing, ICP’s upward trajectory is threatened by a rejection by the $9.90 resistance level which might force the token well below $9.23 if the sentiment reversal continues to strengthen. Considering that the $9.23 support level is quite weak, the bearish thesis holds a lot of weight on the portfolios of investors. ICP’s current trajectory started at the start of August and continued to mature and develop over the month. Although it seems that this drive will be continuous, experiencing only a couple of dips here and there, the current rejection coupled with the market’s dip today, the token might be on the path of losses in the coming days. The relative strength index (RSI) is also signaling that ICP bulls will hit their threshold in the coming days, which will lead to the token suffering a pullback. If the token does not stabilize at its current price level, ICP bears will have the momentum to break through the $9.23 support level with $8.09 as the target. However, if the token stabilizes it has the potential to achieve a breakthrough on the $9.64 resistance with the target set at $11.41. Internet Computer: Network Activity Skyrockets As Fees Surge Token Terminal, a crypto market data aggregate, recently shared that Internet Computer network activity over the month has surged, leading to a surge in fees. This led to the platform beating other L1s in the category as it reached an over 5,000% increase in the past 30 days. BREAKING: Internet Computer has generated more fees than @Optimism, @arbitrum, @avax, and @0xPolygon in the past 30 days. pic.twitter.com/lqaUoA5cc9 — Token Terminal (@tokenterminal) September 24, 2024 According to the platform, the jump in activity is due to bob.fun, a blockchain built on top of ICP that creates a secure record book while using the underlying platform for security. In a recent discussion at the Token2049 in Singapore, Dominic Williams, the Founder and Chief Scientist of the DFINITY foundation, talked about how Compute is the cornerstone of modern society. “When you’re running software or a system on the ICP network, it never crashes or stops running,” said Williams. Related Reading: UNI Surges 30% Amid Ongoing On-Chain Development Talks With the use case for ICP as a security and compute layer, network activity on the platform may continue to trend upward in the coming months. Featured image from Pexels, chart from TradingView
ICP’s DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector.
The Dfinity Foundation’s new platform, Utopia, promises enhanced security and sovereignty for government and enterprise cloud infrastructures.
The DEFINITY Foundation, the company behind developing the Internet Computer protocol, has recently unveiled an updated roadmap to facilitate increased artificial intelligence (AI) blockchain adoption. As the native token of the network, ICP continues to lead among AI tokens and holds the 22nd position in the top 100 cryptocurrencies. However, recent price drops have prompted the Foundation to focus on key areas of development to revitalize the token’s price action and further advance the protocol’s capabilities. Internet Computer Roadmap The highlighted aspects of the roadmap outline two critical steps called “milestones” in the Internet Compute platform domain: Tokamak and Stellarator. Tokamak focuses on reducing latency by maximizing the block rate of each subnet and introducing a new synchronous ingress submission endpoint. Related Reading: Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy? Stellarator, on the other hand, will reportedly increase the storage layer, enabling subnet blockchains to host over 1TB of canister smart contract storage while improving the efficiency of the consensus layer. The DEFINITY Foundation aims to integrate AI capabilities as smart contracts on the Internet Computer protocol to address the resource-intensive nature of AI training and inference. The Cyclotron milestone outlined in the roadmap will increase on-chain inference for larger AI models through performance improvements in the WebAssembly runtime and inference engine. The Gyrotron milestone, on the other hand, explores the integration of AI-specialized subnets with GPU support, enabling compute—and memory-intensive computations on-chain. ICP’s Interoperability With Bitcoin, Ethereum, And Solana ICP’s Chain Fusion technology will allow direct interoperability with major blockchains, including Bitcoin, Ethereum, and other Ethereum Virtual Machines (EVMs). Nonetheless, the roadmap introduces several milestones to expand interoperability. Tritium milestone enables ICP to interact with Ethereum and EVM smart contracts, facilitating cross-chain communication. Deuterium milestone extends Chain Fusion support to emerging Bitcoin protocols. Interestingly, the Helium milestone aims to increase Chain Fusion for the Solana network, enabling decentralized applications (dApps) leveraging the capabilities of both networks. Related Reading: Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation Next, the Solenoid milestone decentralizes the operation of the ICP boundary nodes, “empowering” the network’s participants. The Levitron milestone provides visibility into the Internet Computer’s edge infrastructure, allowing developers to gain insights into dApp usage patterns and generate user statistics. Lastly, ICP will incorporate two governance systems: the NNS (Internet Computer’s DAO) and the SNS framework governing individual dApps. Tokenomics incentivizes voting participation and aligns DAO decisions with long-term interests. These governance mechanisms will allegedly ensure decentralized decision-making and community involvement. As of the current press time, the price of ICP has experienced a significant increase of 120% year-to-date. However, it is currently trading at $12.05, 98% lower than its previous all-time high (ATH) of $700 achieved in September 2023. Once implemented, the impact of the roadmap on the cryptocurrency’s price and its potential to regain bullish momentum and drive adoption for various use cases remain to be seen. Featured image from Shutterstock, chart from TradingView.com