Gmgmgmgm Square Fam!
This is the 25th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will dive into some important ecosystem updates.
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
As we discussed a couple of editions back, decreasing volumes sent the price action exactly to the lower edge of 4.5 USD. Sentiments around the trade tariffs between the US and other countries have already sent the S&P 500, SWI20, Nikkei 225, and many other major stock markets down more than 5%, further accelerating drops in highly speculative sectors such as crypto.
Now, we look into the numbers:
Support: the price action is slipping, may potentially settle at around 4.2 USD, with a potential wick to as low as 3.9 USD.
Resistance: currently ranging between 4.5 - 5.0 USD
Other conditions: RSI hits another ATL, but derivatives volumes are up by +110%, but funding rates remain in the net negative territory.
Now, we wait.
Note that we are discussing long-term price action here, due to the massive volatility in the cryptocurrency market.
As always, remember to do proper research before aping in AS THIS IS NFA🙏
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
Internet Identity Stats
Within the weekend, over 1.3K entities onboarded the Internet Computer.
LFG
Burned ICP Stats
The network saw 23.6K ICP, worth 106K USD, vanishing from the circulation supply, within the weekend.
Done and dusted🙌
Neurons Stats
This accounts for 640+ neurons being spawned within the weekend, in order to support the network's consensus algorithm, Proof-of-Useful-Work.
Number of Active Addresses | icterminal
Well, this metric has already bottomed out, which is nice. See ya on the otherside.
In addition, this accounts for 9K unique active addresses roaming across the ICP mainnet within the last 24 hours.
3/ NFT Stats
Sources: DGDG and bioniq
1️⃣Motoko Ghosts --> 🔻32 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 2.2 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--> 0.00043 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.4 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
None, the market is in the red territory today.
🟣Losers
➡️ICFC --> 0.0068 USD @ 691K USD Marketcap (🔻44%)
➡️Windoge98 --> 0.09 USD @ 979K USD Marketcap (🔻35%)
➡️Dragginz --> 0.00124 USD @ 9.9M USD Marketcap (🔻20%)
5/ Inside the ICVerse🧑🚀
🟪4 Voting Proposals in the NNS.
🟪6 Voting Proposals in the ICFC SNS.
🟪TVL on NNS: 1.071 Billion USD [🔻12%]
🟪TVL on ICP DeFi By DefiLlama: 27.2M USD [🔻7.4%]
Updates from the DFINITY Foundation🔮
➡️A huge shoutout to Anda and Kinic for their contributions to the ICP eco.
➡️The ICRC Rosetta node now supports multi-token tracking.
➡️The developer weekly update is live.
➡️ICP quarterly network revenue reaches an all-time high in Q1 2025, according to tokenterminal metrics.
➡️The legend PierreSamaties will be live at the Cointelegraph Longitude event today.
6/ Updates from the ICP ecosystem
➡️dragginzgame weekly update is live, announces plans for a fully fledged NFT platform.
➡️junobuild to provide a sneak peek of Sputnik today.
➡️kongswap ships new landing page.
So, here I wrap up for the day😇
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 #RiskRewardRatio fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
