New ICP pays nodes and stakers. Apps burn a little.
ICP runs the Internet Computer: 557.89M coins circulate, all unlocked. New ICP pays node operators and stakers; apps burn ICP for computing.
Sell pressure. 2.94M ICP was minted in 90 days: 1.54M in three monthly payments to node operators and 1.40M in staking rewards cashed out. Nothing vests.
Buy pressure. Apps burned 128.9K ICP for computing. There is no buyback yet.
Net. Net, supply grows about 0.50% in 90 days and about 0.42% next.
People who stake ICP in voting neurons earn rewards every day, about 53,300 ICP of credit a day now (it was about 86,600 a day before the Apr 21 2026 cut). The credit only becomes new ICP when an owner cashes it out. In these 90 days owners cashed out 1,399,631 ICP, and the pace rose each month: about 331K, 423K, then 645K. We keep the 90-day pace for the next 90 days.
No vesting is left. The 2021 seed and team neurons finished their release schedules in 2025, and nothing is scheduled for the next 90 days. Those coins already count as circulating.
The largest waiting claim is unspent staking credit: about 96.43M ICP that can be cashed out at any time, outside today's supply (17.03M more is already locked back into neurons). It is counted only when cashed out, in row 1. Seed neurons (71.53M ICP staked), early-contributor neurons (12.62M) and the Neurons' Fund (15.28M staked) are already circulating. DFINITY does not publish its holdings.
No bankruptcy estate or trustee holds ICP. The 288.30M ICP staked in neurons is locked for up to two years, but staked ICP already counts as circulating, so its release adds no new supply.
Once a month the network mints new ICP to pay the companies that run its machines. The bill is set in XDR, and since Jul 6 2026 it is paid at no less than 2 XDR per ICP. Three payments fell in this window: 541,884 ICP (Aug 14), 525,110 (Sep 13) and 475,996 (Oct 14 2026). A three-month 50% cut for 17 providers that missed safety drills ends after October. The next two payments, about Nov 13 and Dec 14 2026, come to about 532K each at today's rate.
Nothing buys ICP back from the market today. DFINITY plans to use 20% of cloud-engine revenue to buy and burn ICP, but no such buying is visible yet; when it starts, the burned ICP shows up in the burn row below.
Apps on the Internet Computer pay for computing with cycles, and cycles are made by burning ICP. With the small fee on every transfer, 128,879 ICP was destroyed in 90 days (about 31.7K, 50.6K and 46.2K by month). We keep that pace for the next 90 days.
No DFINITY or treasury purchase of ICP was found in this window.
About 288.30M ICP is staked in voting neurons, and neurons lock coins for months to years. But staked ICP is still counted as circulating, so new staking takes nothing out of the float.
Two sides: how much people want ICP right now, and how much buying could come later.
This part is based on social media. It shows how hot ICP is right now. A better rank means more people are talking about it.
Today, people are talking about ICP for one reason:
DFINITY shared ckSOL on Oct 9 2026 and posted updates up to Oct 15 2026. Each ckSOL is backed by 1 SOL held by the network itself, without a usual bridge; a test version is live and the full version is about to launch. People ask if Solana money will really come to ICP apps.
Checked Oct 17 2026
By the law of supply and demand, Internet Computer's long-run signal is mixed (Oct 18 2026, score 6/10). New supply: +0.42% in the next 90 days. Demand: moderate (3/5). Internet Computer's price drivers: 0 ▲ price up, 1 ▼ price down.
More people are leaving it. ICP being unstaked jumped from about 27M to 45M since July, which is about 8% of the coins in the market (Oct 14 2026). Unstaked coins can be sold, so this probably adds selling pressure. For Internet Computer, the supply-and-demand signal is mixed right now.
Internet Computer's signal is mixed for now. Internet Computer's signal would turn if new supply jumps (today +0.42% in 90 days), or demand falls from moderate, or Staked ICP keeps pointing down.
Internet Computer sits at 6/10 today (Oct 18 2026): supply 3/5, demand 3/5. One more year adds +2.07% to Internet Computer's supply. Long-run signal: mixed.
By the law of supply and demand, the better time to add Internet Computer is when its new supply is low, demand is high and its price drivers point up. Internet Computer today: +0.42% new supply in 90 days (light), demand moderate (3/5), drivers 0 ▲ / 1 ▼.
Right now 2 things drive Internet Computer's price (0 ▲, 1 ▼). ▼ Staked ICP: ICP being unstaked jumped from about 27M to 45M since July. • Apps running: Apps on ICP grew fast to Mar 2026, then nearly stalled.
Side by side on Oct 18 2026: Internet Computer at 6/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, Internet Computer is the weaker of the two.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. ICP supply grows +0.42% in the next 90 days, so it shows in red: more ICP reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
More coins: PEPE · MORPHO · BGB · Which crypto to buy now → · Embed this coin
Was this page useful?