ICP Advances 4% as Trading Volume Swells and Developer Interest Builds

Internet Computer (ICP) Gains Over 4% as Developer Activity Fuels Momentum

Internet Computer (ICP) rose to $5.19, delivering a 4.3% gain over the past 24 hours as strong trading volume and rising developer engagement lifted sentiment. The token advanced from $4.96 to $5.16, reaching an intraday high of $5.19, making it one of the top-performing blockchain infrastructure assets of the day.

The biggest surge occurred between 18:00 and 21:00 UTC on July 9, when ICP jumped from $4.95 to $5.19. Trading volume soared to 886,937 tokens at 19:00 UTC, more than twice the 24-hour average of 388,671 tokens, according to data from CoinDesk Research. The rally has now established a new resistance level around $5.22, a threshold traders are closely watching for a possible breakout.

Meanwhile, support levels remained firm between $4.90 and $4.93, with further buying interest appearing in the $5.11 to $5.14 zone. Sustained trading above $5.15 indicates a solid market structure, potentially setting up ICP for another push higher.

ICP is also seeing strong developer momentum. Data from Santiment shows the project averaged 431.3 daily GitHub events in June, outpacing other networks such as NEAR and Filecoin. This underscores continued growth and activity within the ICP ecosystem.

Technical Highlights

• Price range: $4.96 to $5.19 (+4.3%), representing a $0.28 swing
• Volume spike: 886,937 tokens traded at 19:00 UTC — over double the daily average
• Primary support zone: $4.90–$4.93
• Secondary support zone: $5.11–$5.14
• Resistance area: $5.18–$5.22, a key level for potential breakout
• Developer activity: 431.3 daily GitHub events, signaling healthy ecosystem growth