Internet Computer
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Internet Computer in numbers
Internet Computer (ICP) ranks #52 by market capitalization, at $1.67B. It belongs to the Others sector (SEC Alleged Securities). It has traded since May 10, 2021, across 82 markets on 43 exchanges, with $101.82M of volume in the last 24 hours. Its all-time high of $573.48 was reached on May 11, 2021; the current price is 99.6% below that peak. Its cycle low of $2.02 came on Aug 1, 2026.
558.26M ICP are in circulation. Development data lists 71 core developers and 132,005 code commits. On Base, 7,297 addresses hold ICP. It is available on 3 networks.
About Internet Computer
Internet Computer is built for the deployment and use of “canisters,” the network’s implementation of smart contracts. Unlike some smart contract platform competitors that rely on centralized cloud computing providers, Internet Computer is designed to function as a “World Computer that can… run solely from the blockchain, without the need for traditional IT.”
Background
Internet Computer was developed by DFINITY, which was informally founded in 2015 by Dominic Williams and formally incorporated as the non-profit DFINITY Foundation in Zug, Switzerland, in October 2016. Williams founded Internet Computer to develop a “World Computer… that will eventually replace traditional IT, and host all of humanity's systems and services, as well as enabling Web3 that is fully on-chain.”
In 2017, DFINITY began raising funds to develop Internet Computer, with a whitepaper describing its consensus system first published in January 2018. On May 10, 2021, Internet Computer was launched and open-sourced by the DFINITY Foundation. Notably, the network’s native token, ICP, was previously called.) DFN, “after the DFINITY Foundation,” but rebranded in 2021.
Other notable milestones in the project’s history include:
According to Internet Computer’s updated roadmap (website) released on May 16, 2024, key in-progress and upcoming developments grouped by focus area include:
Compute Platform
Tokamak Milestone: Focused on maximizing the block rate of each subnet by introducing a new synchronous ingress submission endpoint and improving latency issues.
Stellarator Milestone: Following the completion of the Tokamak milestone, the project team intends to introduce a new storage layer to enable subnet blockchains to host more than one terabyte of canister smart contract memory, as well as other improvements.
Decentralized Artificial Intelligence (DeAI)
Chain Interoperability (Chain Fusion)
Privacy
Decentralization
Identity
Digital Assets
Governance
Developer Experience
Notably, a commercially reasonable search found no intended release date(s) for some of the roadmap items.

