Internet Computer Price (ICP)
Price Chart
Sharp drop today — sellers dominate short-term. Could be a buying opportunity or the start of a deeper correction.
Negative week — price has drifted lower. Watch if this becomes a multi-week pattern.
Price is trading near its lowest point of the day — bears have pushed it down. A bounce from this level is possible, but a close here is bearish.
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About Internet Computer
A blockchain that aims to host web applications and smart contracts at internet scale.
The Internet Computer (ICP) is a blockchain developed by DFINITY Foundation, launched in May 2021 after years of research. The ICP protocol runs "canister" smart contracts that can directly serve web content — meaning dApps can run entirely on-chain without any cloud servers. ICP uses a novel consensus called "Chain Key Cryptography" and is organized into subnets of node machines worldwide.
ICP is used to run fully on-chain dApps, NFT platforms (Entrepot), social networks (DSCVR), DeFi protocols (ICPSwap), and the OpenChat messaging app. Canisters (smart contracts) can hold large amounts of data on-chain at low cost compared to Ethereum. ICP also provides chain-key ECDSA signing, enabling canisters to sign Bitcoin and Ethereum transactions without bridges.
Key facts
| Category | Layer 1 / Web3 Cloud |
| Launched | 2021 |
| Consensus | Threshold Relay + Chain Key Cryptography (PoS-based) |
| Supply | Uncapped; inflation rate decreases over time. Currently ~500M ICP in circulation. |
| Founder | Dominic Williams (DFINITY Foundation) |
| Official site | https://internetcomputer.org |