While the broader market is bleeding out, $ICP is up 60% this week with growing mindshare and a 1,400+ jump in sentiment. So what’s diving this momentum? A quick search on Cookie Deep Research and a scan through Smart Feed revealed: → Onchain Performance: $ICP is currently the most active blockchain globally, processing 1104 transactions per second, surpassing Solana. It has accumulated over 262 billion total transactions. → Favorable Tokenomics: All VC token unlocks are complete, and approximately 50% of the $ICP supply is staked. The amount of $ICP on exchanges is at an all-time low, indicating strong holder conviction and reduced selling pressure. → Overwhelmingly Bullish Sentiment Across Top Voices: KOLs like @CryptoWizardd, @BlockchainPill, @angelodotsui, and @rushicrypto are actively bull-posting, calling out how $ICP is still massively undervalued relative to its fundamentals. → CaffeineAI Launch: The upcoming launch of @caffeineai is a major catalyst. This AI-powered tool will allow users to build and launch secure, full-stack applications on $ICP using natural language, requiring no coding, and is expected to drive significant mainstream adoption and utility.
23.53K
358
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.