Internet Computer (ICP) is making substantial headway in the crypto sector, displaying a remarkable 21.4% surge over a recent weekend. This surge has been partly attributed to the launch of OISY's new version of its decentralized wallet. Integration of Solana has been announced on the Internet Computer Protocol by DFINITY Foundation, bolstering ICP’s potential. The speed of Internet Computer has even outdone Ethereum and Cardano, marking the protocol first for a specific key metric. Amidst the rising interest, the ICP token has been experiencing considerable accumulation by 'whale' investors, contributing to a defiant rally even as much of the crypto market witnesses downturn. In a significant move, a new protocol, VetKeys, was launched on the Internet Computer. Despite these positives, some experts have expressed concern over the token's momentum fading, warning of all-time lows. On the flip side, others see its technicals turning positive, with double bottom patterns indicating key breakouts. The token has also been ranked amongst the best crypto investments, with some speculating that it could achieve a 400% increase. Furthermore, coordinated efforts with Elliptic and the DFINITY Foundation have set new standards for blockchain security, potentially increasing the token's appeal. However, the protocol hasn't been free from criticism, with some suggesting that it may collapse after 473 days of support. Future developments include the launch of a four-month global competition to develop next-gen apps by the World Computer Hacker League, and the price targets of Internet Computer have been set at $81, suggesting potential for high profits. In terms of advancements, ICP is aiming to set a new standard for cross-chain security, and an integration to make the protocol accessible to Solana is currently underway.
Internet Computer ICP News Analytics from Wed, 28 Aug 2024 18:02:40 GMT to Wed, 02 Jul 2025 09:36:04 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor 4
