What is Internet Computer?
Internet Computer (ICP) is a Layer-1 blockchain network currently ranked 54th by market capitalization across all crypto assets we track. As a Layer-1 network, ICP provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.
Market position
At the current price of $2.52, Internet Computer carries a market capitalization of $1.39B. Daily trading volume across exchanges sits at roughly $40.19M. That works out to a 24-hour turnover of about 2.88% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Internet Computer has moved -1.12%; over the past week, Internet Computer has moved -14.62%; over the past 30 days, Internet Computer has moved ++2.56%; over the past year, Internet Computer has moved -52.78%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.
Cycle position
Internet Computer is currently trading far below its all-time high (all-time high of $342.23, -99.3% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $2.00, current pricing represents a +26% recovery.
Supply & dilution
The circulating supply stands at 530,109,172 ICP. With 113.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.
Volatility profile
Recent price action puts Internet Computer in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities. Over the past 30 days, the 30-day move totals +2.56%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Internet Computer
A balanced read on ICP typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is ICP performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Internet Computer (ICP) is a blockchain-based platform that enables developers to build and deploy decentralized applications and services on the internet, aiming to extend the functionality of the web. It provides a scalable and efficient environment for running smart contracts and hosting software. Source: CoinPaprika.com