Internet Computer Protocol (ICP) has been ranked among the top 10 fastest Web3 chains, with an average block time of 0.48 seconds, according to a recent Chainspect chart. This performance surpasses well-known platforms like NEAR, BNB, Avalanche, and Polygon, highlighting ICP's technological capabilities despite its current low market visibility.
Currently trading below $5, ICP's market cap could potentially reach $54 billion if its price were to increase to $100, representing a 24-fold growth. This projection is based on the precedent set by BNB, which achieved a $100 billion market cap in 2021. The commitment of DFINITY's founder and the upcoming Definity 2.0 suggest potential for further development and innovation, positioning ICP as a noteworthy contender in future alt seasons.
ICP Ranks Among Fastest Web3 Chains, Potential for Significant Growth
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
