Internet Computer (ICP) - Investment Analysis August 2026

ICP trades at $2.08 with a 99.5% drawdown from its May 2021 ATH – here's the latest: • Full supply circulating at 555.23M ICP eliminates dilution risk from unlock schedules • Daily revenue of just $1,057 vs $1.15B market cap highlights weak adoption metrics • Mission 70 proposal targets 70% inflation reduction from 9.72% to 5.42% by January 2027 • ~357 weekly active developers and 10,915 ecosystem repos show persistent building • 98.1% of recent $36.74M liquidations were longs, signaling downside pressure