Internet Computer Tops Web3 Transactions With 134.5M in 24 Hours as ICP Stays Below $3
Internet Computer processed 134.5 million transactions over a 24-hour window, finishing ahead of Solana’s 123.4 million in the period measured, according to Coinpedia. The same report, published September 16, 2026, notes that ICP’s price remains below the $3 mark despite that activity lead.
Coinpedia reported that the token was turned back near the $3.20–$3.40 resistance zone during its recent recovery attempt, leaving the rebound under pressure. The analysis frames the $2.20–$2.40 band as the support area that now matters most.
Also read: BNB Tests $750 After Sharp Rebound — What the Chain Data Says About the Next Move
Key facts
- Internet Computer recorded 134.5 million transactions in 24 hours, ahead of Solana at 123.4 million.
- BNB Chain ranked third with 19 million, followed by TRON at 15.7 million and Stellar at 10.6 million.
- ICP price is still below the $3 level after rejection near the $3.20–$3.40 resistance zone.
- The recovery began from the $2.00–$2.20 support region and formed higher lows in an ascending structure.
- Coinpedia’s chart marks $2.20–$2.40 as the support buyers must defend to keep the rebound intact.
Activity ranking outpaces price
Transaction counts put Internet Computer at the top of the 24-hour comparison, but the report cautions that volume of this kind does not by itself confirm matching growth in active users, network revenue or application adoption. What the transactions are made of, and whether the activity holds up over time, are the factors Coinpedia flags when judging the network’s fundamentals.
The ranking does give ICP a positive network-usage storyline while it works through an extended stretch of price weakness — a split the report treats as the core tension of the moment.
Also read: Cardano (ADA) Jumps 27%: Network Records, ETF Hopes, and the Road to $1.50
Where the chart sits
On the daily chart, the decline gave way to a recovery off the $2.00–$2.20 support region, with the price printing higher lows inside an ascending structure. That rebound carried ICP toward $2.80–$3.00 before sellers stepped in near the wider $3.20–$3.40 resistance zone and pushed it back toward the $2.20–$2.40 support band.
Coinpedia lays out three scenarios. A bounce from $2.20–$2.40 could send ICP back to $2.80–$3.00. A sustained break above $3.00 would strengthen the bullish setup and reopen the path to $3.20–$3.40. A breakdown under $2.20 could expose the $2.00 region.
Why it matters
The gap between ICP’s transaction ranking and its price is the practical problem for holders: usage metrics alone have not been enough to absorb selling at higher levels. That keeps the token in a consolation range rather than a confirmed trend reversal, and it means the next move depends more on whether buyers defend known support than on any further jump in activity. For traders comparing layer-one networks, the report is a reminder that throughput and market value do not move in lockstep.
What to watch
The $2.20–$2.40 support band is the immediate line to watch — holding it keeps a push toward $2.80–$3.00 alive, while losing it shifts attention to $2.00. A daily close above $3.00 would be the signal that the recovery structure has earned a larger breakout attempt toward $3.20–$3.40. This article is not financial advice; cryptocurrency markets are volatile and prices can move sharply in either direction.
Reported by coinpedia.org.
