GM Binancians!
This is the 71st edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will explore the latest updates on the ecosystem.
Buckle up, let's go
Before we start..
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This will help me provide you with more quality information, thank you🫶
Let's go🫡
1/ $ICP Price Action
Well, fam, the chart is officially nuked :|
As of now, the price action is ranging from 4.2 - 4.5 USD, maintaining support, with resistance sitting between 5.0 - 5.4 USD
Also, RSI went straight from 48 to 35, which now indicates oversold territory.
In addition, if we check upon derivatives data, open interest is sitting at 67M USD, which should reach at least 81M to indicate a potential rally towards the upside.
In addition, funding rates have turned into negative levels, as of press time.
Currently, there is very little to no hopium at this point, until the macro sentiments improve, so for now, we wait, while continuously monitoring these levels.
As always, remember that this analysis is only for educational & informational purposes, also this is a discussion on long-term price action due to the nature of the cryptocurrency market.
Not Financial Advice, so ensure you do your own due diligence before aping in :)
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
ckBTC Stats
Within the weekend, the IC network saw approximately 4.2 BTC, worth 424K USD, entering the network.
ICP Burn Stats
Within the weekend, the ICP network saw around 6.4K ICP, worth 29.4K USD at these levels, vanishing from the circulation.
Active Addresses | ICTerminal
At the moment, we are seeing a local low, which is quite understandable, but uncontrollable due to macroeconomics, which should eventually rebound.
As of press time, there were 6.6K unique active addresses as of press time.
3/ NFT Stats
Sources: DGDG, Toniq, and bioniq
1️⃣Motoko Ghosts --> 🔻36 ICP
2️⃣BTC Flower --> 44 ICP
3️⃣Peeladies --> 🔺1.9 ICP
4️⃣icbucks by EgidoVal --> 1.7 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 49.9 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.00039 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.7 ICP
🔟Charles by onicai --> 0.00065 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️ICLighthouse--> 0.036 USD @ 7M USD Marketcap (🔺6%)
➡️GLDT--> 1.12 USD @ 790K USD Marketcap (🔺3%)
🟣Losers
➡️ICPanda--> 0.0029 USD @ 3.1M USD Marketcap (🔻25%)
➡️NFID --> 0.001 USD @ 2.3M USD Marketcap (🔻17%)
➡️Motoko --> 0.079 USD @ 4.3M USD Marketcap (🔻6%)
5/ Inside the ICVerse🧑🚀
🟪12 Voting Proposals in the NNS.
🟪12 Voting Proposals in the ICPSwap SNS.
🟪4 Voting Proposals in the Motoko SNS.
🟪TVL on NNS: 1.07 Billion USD [🔻8.5%]
🟪TVL on ICP DeFi By DefiLlama: 34.8M USD [🔻7.2%]
Updates from the DFINITY Foundation🔮
➡️Weekly developer update is live.
➡️The foundation deploys Qwen 3 32B & Llama4 scout to the LLM canister.
➡️A huge shoutout to the dragginzgame for shipping Mimic v0.5 to production.
➡️ICP Ninja now allows direct deployment to the mainnet through the playground.
➡️ICPHUB US to ship the latest edition of ICP United later today.
➡️A huge shoutout to ICPanda for their work on the Anda framework.
6/ Updates from the ICP ecosystem
➡️ICPSwap burns 589K governance tokens, with 20M burned YTD.
➡️Junobuild is all set to go live today.
➡️The legends Gekctek and MrResearch ship new packages for the Motoko Programming language.
➡️KongSwap ships new upgrade to production.
➡️onicaiHQ's funnai burns over 3T in cycles in testing, all set to go live this week.
➡️odoc to ship new UI update in the next release.
➡️ictoolkit ships ecosystem explanation thread.
So, that's all for today😇
Thanks for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially to the #BinanceAlphaAlert Fam.
I'll see ya soon with your daily dose on ICP🫡
Until then, take care👋
