Convert and Swap Internet Computer ICP to United States Dollar USD
ICP/USD: 1 Internet Computer equals $8.59 USD
Last update: 2:06 AM, February 2, 2025
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Internet Computer is falling this week.
The current price of Internet Computer is $8.59 per ICP. With a circulating supply of 480,124,477.069 ICP, it means that Internet Computer has a total market cap of $4,126,911,315.63. The amount of Internet Computer traded has fallen by $12,698,252.23 in the last 24 hours, which is a 11.72% decrease. Additionally, in the last day, $108,300,993.55 worth of ICP has been traded.
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About Internet Computer
Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications.
Internet Computer (ICP) is a blockchain technology that aims to revolutionize the design of blockchain systems. It is designed to function as a "World Computer" blockchain, capable of hosting almost any online system or service, including demanding web social media, without the need for traditional IT such as cloud computing services. This allows for full end-to-end decentralization. The ICP token, the native cryptocurrency of the Internet Computer blockchain, serves three main utilities. It provides a source of "cycles" that power computation, can be staked in the Network Nervous System DAO that governs the Internet Computer blockchain, and acts as a store of value.
The Internet Computer blockchain operates on a network of special computing devices called "node machines". These machines connect to each other using the Internet Computer Protocol (ICP), which gives the token its name. The network model used by the Internet Computer is referred to as "Proof-of-Useful-Work". The network has a governance system called the Network Nervous System (NNS), which can remove node machines that fail to produce enough blocks and keep up with the network. The Internet Computer network is composed of "subnet blockchains", which are combined into a single logical blockchain using "chain key crypto". This unique feature to the Internet Computer enables subnet blockchains to have public "chain keys", allowing the blockchains to cryptographically sign all their interactions.
Internet Computer aims to provide a platform for building decentralized online systems and services entirely on the blockchain, without using centralized traditional IT. This makes it possible to assign control of these services to community DAOs (decentralized autonomous organizations). Users can become both owners of web3 services and part of the team that runs them. Services like this are already being built today on the Internet Computer blockchain. The Internet Computer also provides many other features that are unique within blockchain. These include HTTP outcalls, which enable smart contracts to securely query other systems over the web, through its network consensus system.
The Internet Computer blockchain was developed by the DFINITY Foundation, headquartered in Zürich, Switzerland. The DFINITY Foundation was founded in Switzerland in October 2016 to organize the development of the Internet Computer blockchain. The name DFINITY is a shortening of "decentralized infinity," and dates from early 2015. It was first used by project founder, Dominic Williams, to refer to his theoretical crypto work, which he hoped would make a World Computer possible. In February 2017, the DFINITY Foundation ran an early public ICO to raise funds to scale out. This was then supplemented by private fundraising rounds in 2018.
How Internet Computer and United States Dollar differ
Internet Computer (ICP) and the US Dollar (USD) are two distinct entities with unique characteristics. ICP is a blockchain technology that aspires to function as a "World Computer" blockchain, capable of hosting nearly any online system or service, thereby promoting full end-to-end decentralization. The ICP token, the native cryptocurrency of the Internet Computer blockchain, serves as a source of "cycles" that power computation, can be staked in the Network Nervous System DAO that governs the Internet Computer blockchain, and acts as a store of value. On the other hand, the USD is a traditional fiat currency, issued and regulated by the Federal Reserve, and is used as a medium of exchange, a unit of account, and a store of value. Unlike ICP, the USD is centralized and its value is influenced by economic factors such as inflation, interest rates, and government policies. Furthermore, while ICP aims to provide a platform for building decentralized online systems and services entirely on the blockchain, the USD functions within the traditional banking and financial system.
Frequently asked questions
How much is 1 Internet Computer in USD?
Right now, 1 Internet Computer is worth about $8.59.
How much ICP could I buy for 1 USD?
Based on the current rate, you could get 0.12 ICP for 1 USD.
How much has the price of Internet Computer changed?
Internet Computer price has been declining. Since yesterday, the exchange rate of Internet Computer has decreased. Since last month, the exchange rate of Internet Computer has decreased. Since this time last year, the price of Internet Computer has decreased.
How do I calculate or convert ICP to USD?
You can use our ICP to USD calculator at the top of this page to convert any amount of ICP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.58 ICP. Inversely, 5 ICP will cost about $42.94
How can I buy 1 Internet Computer on Coinbase?
Internet Computer is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Internet Computer.
What are assets similar to Internet Computer that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Internet Computer, including Wrapped TRON, TRON, and Chainlink. For a more robust list of assets to explore, jump to the asset page dedicated to Internet Computer.
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ICP to United States Dollar conversion tables
The exchange rate of Internet Computer is decreasing.
The current value of 1 ICP is $8.59 USD. In other words, to buy 5 Internet Computer, it would cost you $42.94 USD. Inversely, $1.00 USD would allow you to trade for 0.12 ICP while $50.00 USD would convert to 5.82 ICP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.69%. Meanwhile, in the last 24 hours, the rate has changed by 8.07%, and that the the highest exchange rate of 1 ICP to United States Dollar was $9.41 USD and the lowest 24 hour value was 1 ICP for $8.40 USD. This time last month, the value of 1 ICP was $10.60 USD, which is a 19.87% increase from where it is now. Looking back a year, Internet Computer has changed by $12.74 USD. That means that in a single year, the value of Internet Computer has shrank by 33.29%.
ICP to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$9.35 USD | -8.07% | $9.22 USD | -6.69% | $10.60 USD | -19.87% | $12.74 USD | -33.29% |
ICP to USD
Amount | Today at 2:06 am |
|---|---|
0.5 ICP | $4.29 |
1 ICP | $8.59 |
5 ICP | $42.94 |
10 ICP | $85.87 |
50 ICP | $429.35 |
100 ICP | $858.70 |
500 ICP | $4,293.50 |
1,000 ICP | $8,587.00 |
USD to ICP
Amount | Today at 2:06 am |
|---|---|
0.5 USD | 0.0582 ICP |
1 USD | 0.12 ICP |
5 USD | 0.58 ICP |
10 USD | 1.16 ICP |
50 USD | 5.82 ICP |
100 USD | 11.65 ICP |
500 USD | 58.23 ICP |
1,000 USD | 116.46 ICP |
Today vs. 24 hours ago
Amount | Today at 2:06 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 ICP | $4.29 | $4.67 | -8.14% |
1 ICP | $8.59 | $9.35 | -8.14% |
5 ICP | $42.94 | $46.74 | -8.14% |
10 ICP | $85.87 | $93.48 | -8.14% |
50 ICP | $429.35 | $467.41 | -8.14% |
100 ICP | $858.70 | $934.82 | -8.14% |
500 ICP | $4,293.50 | $4,674.12 | -8.14% |
1,000 ICP | $8,587.00 | $9,348.23 | -8.14% |
Today vs. 1 month ago
Amount | Today at 2:06 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 ICP | $4.29 | $5.30 | -18.99% |
1 ICP | $8.59 | $10.60 | -18.99% |
5 ICP | $42.94 | $53.00 | -18.99% |
10 ICP | $85.87 | $106.00 | -18.99% |
50 ICP | $429.35 | $530.01 | -18.99% |
100 ICP | $858.70 | $1,060.03 | -18.99% |
500 ICP | $4,293.50 | $5,300.15 | -18.99% |
1,000 ICP | $8,587.00 | $10,600.30 | -18.99% |
Today vs. 1 year ago
Amount | Today at 2:06 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 ICP | $4.29 | $6.37 | -32.56% |
1 ICP | $8.59 | $12.73 | -32.56% |
5 ICP | $42.94 | $63.66 | -32.56% |
10 ICP | $85.87 | $127.32 | -32.56% |
50 ICP | $429.35 | $636.60 | -32.56% |
100 ICP | $858.70 | $1,273.21 | -32.56% |
500 ICP | $4,293.50 | $6,366.03 | -32.56% |
1,000 ICP | $8,587.00 | $12,732.05 | -32.56% |
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