While the broader market is bleeding out,
$ICP is up 60% this week with growing mindshare and a 1,400 jump in sentiment.
So whatโs diving this momentum?
A quick search on Cookie Deep Research and a scan through Smart Feed revealed:
โ Onchain Performance:
$ICP is currently the most active blockchain globally, processing 1104 transactions per second, surpassing Solana. It has accumulated over 262 billion total transactions.
โ Favorable Tokenomics: All VC token unlocks are complete, and approximately 50% of the
$ICP supply is staked. The amount of
$ICP on exchanges is at an all-time low, indicating strong holder conviction and reduced selling pressure.
โ Overwhelmingly Bullish Sentiment Across Top Voices: KOLs like
@CryptoWizardd,
@BlockchainPill,
@angelodotsui, and
@rushicrypto are actively bull-posting, calling out how
$ICP is still massively undervalued relative to its fundamentals.
โ CaffeineAI Launch: The upcoming launch of
@caffeineai is a major catalyst. This AI-powered tool will allow users to build and launch secure, full-stack applications on
$ICP using natural language, requiring no coding, and is expected to drive significant mainstream adoption and utility.