Trying to spot a leading cryptocurrency whose price remains in green territory on a weekly scale is not an easy task given the major collapse that the broader market has experienced over the past several days.
Internet Computer (ICP) is one of the few gainers, while certain analysts believe its valuation could reach much higher levels soon.
What’s Next?
Despite Bitcoin’s 11% weekly plunge and Ethereum’s 10% drop, ICP is up 3% over the same period and currently trades just north of $3. Its market capitalization has risen to almost $1.7 billion, making it the 53rd-largest cryptocurrency.
Among the main reasons for the ascent is the advancement related to the Internet Computer ecosystem. The popular X account BSCN revealed that the protocol has processed 7.2 million transactions in the last month, more than any other chain. Solana comes in second with less than 3 million.
ICP’s positive performance has drawn the attention of traders and analysts, prompting a wave of optimistic pre
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