DeFi· ★★· neutral·

Internet Computer Hits Record $86K Weekly Revenue as ICP Eyes $3.50

  • —Weekly network revenue hit $86,172, topping $85,000 for the first time
  • —At that pace, annualized revenue would reach about $4.48 million
  • —ICP trades near $3.06 with support at $2.90–2.95
  • —A 4-hour close below $2.80 would invalidate the recovery setup
Why it matters: Rising revenue signals real demand for the network's compute, but ICP must hold $2.90 support to sustain any price reversal.
#ICP
Source: TronWeekly
More on this
Markets · Oct 13
Internet Computer (ICP) Faces $3.50 Test as Bleep Adds Bitcoin Payments On-Chain
 DeFi · Oct 12
Internet Computer Proposes Burning ICP With 20% of Cloud Engine Revenue
 DeFi · Oct 8
Internet Computer Adoption Grows as Bleep App Goes Fully On-Chain; Weekly Revenue Tops $96K