Icp

Gmgmgmgm Square Fam!
This is the 64th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will explore R&D meeting minutes.
LFG🫡

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, profit taking continues as of press time.
Apparently, the range above 6.3 USD seems to be having comparatively higher sell pressure than it looks like, and the scenario has been confirmed through the coinglass heatmap.
Now, if we explore the numbers, nothing much has changed, with resistance ranging from 6.3 USD to as high as 7.0 USD, which is understandable thanks to the 200 EMA, while support is currently sitting at the 5.5 - 5.9 USD range.
In addition, RSI is sitting at 61.6, which is overbought at this point, but due to the indicator's lagging nature maybe unpredictable, just keep that on mind.
Also, derivatives volume continues to drop, now sitting at 171M USD, down roughly 21% since yesterday, while maintaining net positive funding rates, further supporting the hopium effect.

As always, do note that this analysis is solely for educational purposes, so ensure you do the necessary due diligence🙏
Note that we aren't going into a deep analysis of our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 11th of June 2025.
2/ R&D Meeting Minutes May 2025 @ DFINITY HQ
🟪Host: Georgi Harizanov, director of Engineering @ DFINITY
The agenda is as follows:

1/ World Computer Summit by Tracey Trachsler
Here is what Tracey had to say:
➡️Speakers at WCS are as follows:

➡️An explanation of the panel discussions was also done.

2/ Post-mortem proposal topics problem by Lara Schmidt
According to Lara,
➡️This is an explanation of what happened around NNS proposal 136693
➡️By default, NNS governance keeps up to 100 proposals per proposal topic, but this is not the case for SNSs.
➡️Technical architecture:

➡️Because proposals didn't have topics by default, this broke the proposal filtering mechanism.
➡️Early garbage collection affected removing proposals earlier.
➡️These are the hotfixes that were implemented:

➡️The foundation plans to add support for future-proofing proposals, move them to stable storage, and also stop garbage collection in the long term as a fix for these issues.
➡️More updates to be followed through the forum.

3/Vetkys by Franz Stefan Preiss
According to Franz,
➡️Here is what Vetkeys are all about:

➡️Vetkeys in TLDR:

➡️Potential use cases on Vetkeys:

➡️A brief explanation on the technical architecture on vetkeys was also conducted.
➡️vetkeys are now live in npm and crates for rust.
➡️A use case demo was also demonstrated.
4/ Async Checkpointing by Aleksandr Pakhomov
According to Alex,
➡️What this update covers:

➡️A checkpoint is a snapshot that captures the full state of a subnet to a disk and is created every 5 to 8 minutes.
➡️This is where async comes in handy, and here is how it works:

➡️Aysnc checkpoints improves execution by 25 - 30x according to foundation findings.
➡️Now, the Internet Computer is ready for much higher loads and interactive applications, and more safety features around checkpoints have been included.
➡️The foundation is working on increasing state size, higher limits for canisters, and analytics on checkpointing.

5/ Solana RPC Canister by Louis Pahlavi
According to Louis,
➡️The foundation plans to ship the Solana RPC canister at the end of June to production, which will facilitate seamless integrations on Solana based applications into the Internet Computer.
➡️Currently, community feedback is being gathered on this segment.
➡️The technical architecture:

➡️Most of the heavy lifting is to be done by the canisters.
➡️Louis also conducted a demo on using Solana through dfx
➡️The staging canister and integration documentation are live.
➡️The foundation continues to seek community feedback to better shape the segment.

6/ Community Demo By Serokell
In case you are new here, Serokell is an R&D organization known for their heavy involvement around the Haskell programming language.

Roman from the serokell team attended the R&D session to explain Rust based SNS testing.
According to Roman,
➡️Here's what's new:

➡️Roman also conducted a demo on the tooling.

Well, 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 our #TrumpTariffs fam.

I'll see ya tomorrow with your weekly recap on ICP🫡
Until then, take care👋

Gmgmgmgmgm Square Fam!

This is the 63rd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will deep dive into the latest ecosystem updates.
LFG🫡

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, obviously, it's profit-taking today after running for three consecutive days.
Ngl, very healthy move, imo.
Now, if we dive into the numbers, here's what the eyes should be looking at.
Support: 5.6 - 6.0 USD
Resistance: 6.3 - 6.9 USD [due to the strong 200 EMA]
Other factors: derivatives volumes are going down, currently sitting at 218M USD, while open interest sitting at 103M USD as of press time.
As always, do note that this analysis is solely for educational purposes, so ensure you do the necessary due diligence🙏

2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal

Neurons Stats

Nice.
Another batch of 500 neurons was freshly spawned within the last 24 hours to prepare for decentralized, autonomous governance on the Internet Computer.

Burn Stats

Hmm, a slight dip compared to yesterday, but it seems fine.
Within the last 24 hours, the ICP network saw 4.1K ICP, worth around 24.9K USD, vanishing from the circulating supply.

Balance on Binance | icterminal

Nice, this metric is consolidating, currently Binance got 37M ICP worth 226M USD.
Got to take some notes✍️
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 39 ICP
2️⃣BTC Flower --> 44 ICP
3️⃣Peeladies --> 2.5 ICP
4️⃣icbucks by EgidoVal --> 1.88 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 55 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.00039 ckBTC
8️⃣Cubetopia Islands --> 16 ICP
9️⃣Distrikt PODs --> 1.7 ICP
🔟Charles by onicai --> 0.00065 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️NFID--> 0.0023 USD @ 5M USD Marketcap (🔺34%)
➡️Windoge98--> 0.14 USD @ 1.3M USD Marketcap (🔺15%)
➡️ICLighthouse--> 0.05 USD @ 9.6M USD Marketcap (🔺6%)
🟣Losers
➡️ICFC --> 0.012 USD @ 1.2M USD Marketcap (🔻12%)
➡️ICPEx --> 0.007 USD @ 7.6M USD Marketcap (🔻11%)
➡️ICPanda --> 0.004 USD @ 5.1M USD Marketcap (🔻5%)

5/ Inside the ICVerse🧑‍🚀
🟪4 Voting Proposals in the NNS.
🟪2 Voting Proposals in the Motoko SNS.

🟪TVL on NNS: 1.42 Billion USD [🔺1%]
🟪TVL on ICP DeFi By DefiLlama: 46.5M USD [🔺3%]

Updates from the DFINITY Foundation🔮
➡️ICP tops dev charts for this month.
➡️A short interview with piggycell was published.
➡️ICPHUBS announces iThink hackathon finalists.
➡️The recording of the latest AMA of ICPHUB US with 10KTF is live.

6/ Updates from the ICP ecosystem
➡️TheGoldDAO adds 1K in LP to BOB GLDT Pairs.
➡️Junobuild to add support for upgrade dock on the upcoming release.
➡️bobdotfun transitions launch to to be under alice DAO.
➡️mops ships the vetkeys package for the motoko programming language.
➡️The legendary Gekctek publishes the CID package for the motoko programming language.
➡️The ICPanda team prepares to submit a KIP paper to arXiv.

Well, 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 our #BinanceHODLerRESOLV fam.

I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋