ICP Soars 235%: Breakthrough from Multi-Year Slump Driven by Coinbase Speculation
By John Nada·Nov 10, 2025·3 min read
ICP has surged 235% from its multi-year slump, driven by Coinbase speculation and rising investor interest. Is this the beginning of a new era for ICP?
A New Dawn for ICP
The cryptocurrency landscape is buzzing with excitement as **ICP**, or Internet Computer Protocol, has recently surged in value. After languishing for years, it has skyrocketed from just $2.50 to an impressive $9.49 before settling around $7. This remarkable increase is largely attributed to speculation surrounding the **Coinbase Launchpad**, a platform that helps new crypto projects gain visibility.
The buzz around ICP doesn't stop there! Factors like Caffeine AI and the network's resilience have also played a significant role in this price movement. As interest grows, the on-chain data tells a story of increasing activity among mid-sized wallet holders. This means that more people are buying and holding ICP instead of selling it off quickly, which can be a positive sign for its future.
One of the most critical aspects of this price rally is the support level observed at $6.97. This support indicates a price at which many investors are willing to buy ICP, preventing it from dropping too low. On the other hand, analysts are eyeing a potential price range of $8 to $12.79 as the next possible target for ICP. Such predictions excite both new and seasoned investors, as they suggest a continued upward momentum.
Understanding what’s driving ICP’s rise requires a closer look at the marketplace dynamics. Generally, when a cryptocurrency experiences a significant drop, it can take a long time to recover. In ICP's case, the multi-year slump seemed endless until this recent rally. The Coinbase Launchpad speculation has provided a fresh spark, instilling hope among investors that ICP can regain its former glory.
The network’s resilience is another crucial factor to consider. Resilience in the crypto world often refers to how well a cryptocurrency can withstand market fluctuations and maintain its value. For ICP, this resilience is evident in the rising number of mid-wallet holders, which reflects growing confidence in the project. Moreover, lower exchange reserves suggest that more investors are holding onto their ICP rather than trading it, which can stabilize the price in the long run.
While the current market for ICP looks promising, investors should remain cautious. The crypto market is known for its volatility, meaning prices can swing dramatically in short periods. It’s essential for anyone considering an investment to do thorough research and understand the risks involved. The predictions of potential price targets between $8 and $12.79 are exciting but should be approached with a level of skepticism.
In conclusion, ICP’s recent surge marks a significant turnaround from its prolonged slump. With strong support levels and increased interest fueled by Coinbase speculation, the future looks brighter for this cryptocurrency. Investors should keep an eye on ICP, as it may continue to surprise us in the coming months.