DeFi· ★★· bearish·

Internet Computer tops Solana at 2,323 TPS, but ICP keeps falling

  • —ICP averaged 2,323 TPS for the week versus Solana's 1,896
  • —Cumulative transactions: 308 billion on ICP, about 133 billion on Solana
  • —On Oct. 21 ICP processed 256.5 million transactions, or 2,969 TPS
  • —ICP daily active addresses rebounded from 2,800 to 3,800, peaking at 7,400
Why it matters: Higher network activity has yet to lift ICP's price; if selling persists, $2.30 is the next support to watch.
Source: AMBCrypto