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Markets

Internet Computer Network Activity Rises 58% as ICP Price Gains Momentum

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The Internet Computer (ICP) network recorded an average of 1,701.89 update transactions per second over the past 30 days, marking a 58.41% increase year over year, according to Bitcoin China. The growth highlights increased activity across applications built on the blockchain. Meanwhile, the ICP price chart is forming a potential double bottom on the daily chart, with buyers defending the $2.00–$2.20 support zone twice. Traders are watching the $4.00–$4.10 resistance range for a breakout that could strengthen the token’s recovery prospects. According to Bitcoin China, Internet Computer recorded an average of 1,701.89 update transactions per second over the past 30 days. The increase of 58.41% compared with the same period last year points to greater activity across the network’s application ecosystem.

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