Internet Computer (ICP) price is $5.45

(ICP) Internet Computer Live Price Data

The live Internet Computer (ICP) price is 5.45, with a 24 hours Blynex trading volume of 63.94 M. The price of Internet Computer changed by 2.74% in the past 24 hours. With a circulating supply of 482.15 M ICP and a maximum supply of 531.03 M ICP coins. Internet Computer currently ranks #36 in market cap. You have the option to purchase Internet Computer (ICP) on the Blynex exchange.

About Internet Computer (ICP)

Internet Computer (ICP) is a groundbreaking blockchain platform that reimagines decentralized computing through cryptographic. Buying ICP on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Internet Computer (ICP).

What is Internet Computer (ICP)?

The Internet Computer is a groundbreaking blockchain platform that reimagines decentralized computing through cryptographic innovation. Unlike traditional blockchains, it enables developers to build fully on-chain applications, including complex web services and social media platforms, without relying on centralized cloud infrastructure. This approach paves the way for true end-to-end decentralization, reducing dependence on Big Tech and enhancing Web3 adoption.

Why Is ICP Valuable?

The Internet Computer Protocol (ICP) token derives its value from three core functions. First, it serves as fuel for computation by converting into "cycles," which are burned as smart contracts execute, creating a deflationary mechanism. Second, ICP can be staked in the Network Nervous System (NNS), a permissionless DAO that governs the blockchain, rewarding participants for securing and optimizing the network. Lastly, ICP functions as a store of value, facilitating decentralized fundraising and investment opportunities within the ecosystem.

How Does the Internet Computer Differ from Traditional Blockchains?

Unlike other blockchain networks that rely on Layer 2 solutions or off-chain processing, the Internet Computer runs smart contracts natively at web speed. It eliminates the need for centralized cloud services, offering seamless scalability and cost-effective computation. Its unique consensus model, based on Chain Key Technology, enables smart contracts to interact with external data and services without intermediaries, further decentralizing the web.

The Role of the Network Nervous System (NNS)

At the heart of the Internet Computer is the Network Nervous System (NNS), a fully autonomous governance framework. Users stake ICP to create neurons, which participate in decision-making and receive rewards for securing the network. This system ensures continuous protocol upgrades, security enhancements, and decentralized governance, making the Internet Computer one of the most self-sustaining blockchain ecosystems.

The Future of the Internet Computer

With its ability to host web-scale applications entirely on-chain, the Internet Computer is positioning itself as the foundation for the next generation of the internet. From DeFi and GameFi to decentralized social media and enterprise solutions, ICP's technology empowers developers to build a more open and censorship-resistant digital future. As adoption grows, the Internet Computer stands to revolutionize how the world interacts with blockchain technology.

ICP