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Internet Computer (ICP) Active Addresses Rise 35% as ICP Price Eyes $7

Internet Computer (ICP) Active Addresses Rise 35% as ICP Price Eyes $7

Photo: TronWeekly

Internet Computer (ICP) is showing signs of improving network activity as on-chain metrics recover from summer lows and traders monitor a potential bullish reversal. Santiment Intelligence reported growth in active and new addresses, while Chainspect recorded 201.1 million transactions on Wednesday. Meanwhile, crypto analyst Crypto With Gopal identified a possible double-bottom formation, with $4.10 emerging as a key resistance level. With the ICP price trading around $2.77 in the supplied data, sustained buying pressure will be crucial to establishing a stronger recovery.

Source: TronWeekly

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