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Internet Computer (ICP) is gaining attention due to its growing ecosystem and innovation. The Chain Fusion protocol has recorded a 1,230% surge in activity, enabling seamless integration with blockchains like Bitcoin and Ethereum. This development highlights its importance in advancing decentralized applications and blockchain interoperability. Network activity rose by 150%, while developer participation increased by 30%.
🚨NOW VITALIK IS TALKING ABOUT THE WORLD COMPUTER, AND PEOPLE ARE FINALLY NOTICING! 👀
— CryptoEights ∞ World Internet Computer ICP (@CryptoEights) November 27, 2024
WORLD COMPUTER = INTERNET COMPUTER
2020s: RUNNING 100% ON-CHAIN.
ANOTHER $ICP BULLISH SIGN—RAID THIS! 🚀🔥 pic.twitter.com/chUkSAMCET
This growth underscores the rising interest in the platform despite broader challenges in the Web3 space. Additionally, ICP’s Total Value Locked (TVL) has grown by 928% year-over-year, achieving record highs. Increased liquidity and heightened activity on decentralized finance applications have boosted its adoption. Analysts predict a potential 7x price surge for ICP following the 2024 Bitcoin halving, positioning it as a promising blockchain for Web3 innovations. With strong developer interest and ecosystem expansion, ICP remains a key player in decentralized technology growth.
Key Internet Computer Levels To Watch – December 4
ICPUSD is in a strong bullish momentum, trading above $14.000 with room to test $16.280 resistance. A Fair Value Gap (FVG) near $11.610 could act as support if the price retraces.
RSI (Relative Strength Index) shows overbought conditions, but the trend suggests potential continuation higher. Breaks above $15.000 could accelerate moves toward new highs.
ICPUSD Key Levels
Resistance levels: $13.000, $15.000, $16.280
Support levels: $11.610, $10.050, $7.830
ICPUSD Metrics
Total Market Capitalization: $3.50T
Internet Computer Market Capitalization: $6.87B
Internet Computer Volume: $520.09M
Market Rank: #26
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