Internet Computer Weekly | ICP Pulse - S04 Edition 39 | 25/04/2025
Gmgmgmgm Square Fam!
Happy Friday :)
This is the 39th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
It's time for all things weekly on the network.
Before we start..
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Let's go🫡
1/ $ICP Price Action
Well, at least the price action has found a local bottom.
Currently, sitting at a nice greener territory, which looks exciting, with this weekly candle having comparatively improved volumes, pushing towards added hopium.
Still, we need to have continuous improvement in volumes, in order to ensure the upside continues from this range.
Now, into the numeric ranges.
Support: 4.7 - 5.5 USD
Resistance: 5.7 - 6.5 USD [near the 14 EMA]
Other conditions: RSI sitting at almost 40, which is nice, while open interest is increasing across major centralized exchanges, mostly on Binance itself.
Also, funding rates remained in a net positive range, as of press time.
Now, we wait.
As always, remember to do proper research before aping in AS THIS ANALYSIS IS SOLELY FOR EDUCATIONAL PURPOSES, AND IS NFA🙏
2/ Onchain Stats
Sources: ICP Dashboard, TokenTerminal, and ICTerminal
ckBTC Stats
This week accounts for an inflow of 32.8 BTC, worth a staggering 3M USD, entering the Internet Computer as liquidity.
Nice.
Canister Stats
This week, the network saw around 2.7K canisters [native smart contracts on the Internet Computer] being activated.
1M incoming💪
Number of new addresses | ICTerminal
Well, another impressive week, with over 40K new addresses being utilized within mainnet.
Burn Stats
This week's burn count hit around 45.1K ICP, worth 229.5K USD at these price levels.
Deflation here we come.
Mcap vs Fees [Weekly] | tokenterminal
Increasing fees is what we see here, which is impressive.
Within the week, the network was able to generate 249K USD in fees, while maintaining a stable Marketcap ranging from 2.5 - 2.7B.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔺43 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 3 ICP
4️⃣icbucks by EgidoVal --> 1.75 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 50 ICP
6️⃣Goated Gamer by The_Swop --> 🔺3.5K sats ckBTC
7️⃣Motoko Sentinels--> 0.00049 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.5 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
Note: stats indicate weekly changes.
🟣Gainers
➡️ICExplorer --> 0.005 USD @ 5.8M USD Marketcap (🔺152%)
➡️PersonalDAO --> 0.028 USD @ 593K USD Marketcap (🔺51%)
➡️GoldDAO --> 0.025 USD @ 25.1M USD Marketcap (🔺30%)
🟣Losers
➡️Motoko --> 0.05 USD @ 3M USD Marketcap (🔻47%)
➡️Sonic --> 0.039 USD @ 5M USD Marketcap (🔻35%)
➡️Kinic --> 0.74 USD @ 13.3M USD Marketcap (🔻25%)
5/ Inside the ICVerse🧑🚀
🟪1 Voting Proposal in the NNS.
🟪3 Voting Proposals in the ICFC SNS.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.204 Billion USD [🔺10.3%]
🟪TVL on ICP DeFi By DefiLlama: 38.4M USD [🔺57%]
Updates from the DFINITY Foundation🔮
➡️The ICP Dashboard receives a fresh UI, with revamped metrics.
➡️A Panel discussion planned for World Computer Summit 2025 was announced today.
➡️Discussions on draft standards for RWA ledger management on the network is live, more info in the forum.
➡️oisy to roll out support for BNBChain and base.
➡️ICPHUB US will be live at today's World Computer Talks session, at 14:00 UTC
➡️The foundation's CBO, Pierre Samaties will be live next week at Binance Clubhouse.
6/ Updates from the ICP ecosystem
➡️GoldDAO completes first batch of ICP distribution.
➡️ICToolkit oversees 800+ SNS proposals being deployed through the tooling.
➡️onicaiHQ completes their demo on iConfucius, in yesterday's Decentralized Artificial Intelligence Working group meeting, meeting notes to be followed soon.
Well, that's all for today😇
Hats off for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially to our #EthereumFuture fam.
Unplug those wallets, and revoke your permissions as we meet the weekend 🥳
Btw, stay tuned for today's educational quiz✌️
I'll see ya next week with your daily dose on ICP🫡
Until then, take care👋