The ICP blockchain has seen an increase in daily active addresses, reaching a new all-time high. This growth indicates a surge in network utilization and adoption and could lead to a rise in the blockchain's valuation. The increase in active addresses is matched by enhanced market confidence and investor interest. Analysis also shows that larger whales have maintained stability in their holdings, suggesting confidence in the long-term value of ICP. However, smaller whales show more volatility, potentially affecting short-term price fluctuations. The blockchain has also experienced a surge in daily transfers and increased profitability, indicating a strengthening ecosystem. The price of ICP has been struggling to breach resistance levels but is showing signs of a potential reversal. If it can stay above key support levels, an uptrend towards $10.00 could be possible, but failure to hold support may result in further price retractions. The future trajectory of ICP hinges on its ability to sustain above critical support levels.



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