ICP rebounded roughly
↗6.57%
over the past 24 hours after a volatile week that saw a
sharp 8% selloff following a
9.8% surge, with trading activity jumping roughly
↗64.88%
over the same period.
Recovery gains traction after volatile week
Despite mid-week turbulence, ICP climbed roughly
↗12.90%
over the past week and approximately
↗19.32%
over the past month, with trading volume surging roughly
↗55.62%
over the past week as interest rebounds.
Traders show renewed confidence
More buyers than sellers are positioning for gains, with roughly 1.76 times more people betting on price increases than decreases, while overall trader positioning expanded approximately
↗16.68%
over recent days.
Outpacing Layer 1 peers
ICP outperformed other Layer 1 blockchain projects by roughly
↗7%
over the past 24 hours and approximately
↗16%
over the past week, showing relative strength even as the broader category faced headwinds.