Is Internet Computer (ICP) The Next Zcash?
The post Is Internet Computer (ICP) The Next Zcash? appeared on BitcoinEthereumNews.com.
The Internet Computer protocol’s native token, ICP, has appreciated by approximately 100% in the past week. The coin has outperformed the broader market, which has dipped 4.3% in the same time frame. The rally appears to be fueled by core sentiment shifts, clear signs of on-chain accumulation, and a renewed appetite for altcoins that offer real utility, suggesting that ICP’s upward momentum may still have room to run. Sponsored ICP Token’s Rally May Not Be Over Yet: Here’s Why BeInCrypto Markets data showed that ICP’s rally comes even as the broader market has continued to struggle. The token has surged this month, reaching an 8-month high on November 4. Over the past day, the altcoin has risen by 17.6%. At the time of writing, ICP traded at $6.02. Internet Computer (ICP) Price Performance. Source: BeInCrypto Markets Investor sentiment toward ICP has been largely positive, with CoinGecko data showing that around 86% of traders hold a bullish view. Supported by strong sentiment along with on-chain and technical signals, these factors suggest that ICP’s upward trend may continue if current market conditions persist. 1. Fundamentals and Utility Driving Renewed Interest ICP’s breakout comes amid a broader market recalibration. In late 2025, investors appear to be refocusing on projects with solid fundamentals, moving away from speculative, narrative-driven trends. Sponsored This is reflected in the recent rallies of privacy-focused assets such as Zcash (ZEC) and Dash (DASH). This trend signals a renewed focus on long-term value rather than short-term momentum. “ICP is finally entering the phase everyone doubted it would ever reach…It’s the only blockchain that can run end-to-end internet services fully on-chain…The setup feels like early 2017 for ETH. Undervalued tech, misunderstood by most, quietly being accumulated by smart money. When the next wave comes, ICP won’t just run. It’ll remind everyone what…