In May, $SOL did only generate 6X more Revenue than $ICP at a 25X higher Market Capitalization.
SOL did also generate 35X more Expenses than ICP.
ICP is currently much more sustainable. When Cloud Engines will be fully deployed to the Public, it is game over for other Blockchains. These Blockchains rely too much on DEFI.
Yesterday, we have witnessed the meltdown of @IOHK_Charles . The situation with $ADA is even worse.
Make it make sense. Thanks to @Zero2HeroZombie for those metrics from token terminal. 🙏
🤔 What’s happening in the crypto space right now…
Stock indices and many Tech/AI stocks are trading near all-time highs.
Bitcoin corrected. 99% of altcoins got crushed. Only a handful of crypto projects are still holding up.
Why are stocks making new highs while most crypto projects continue to bleed?
Simple: the market is slowly realizing that utility matters.
Tech stocks are rising because there are real companies behind them generating strong revenue, growing profits, and delivering products people use every day.
When you look at the revenue of most blockchain networks, many are still operating in negative territory with limited economic activity. The gap between narrative and actual business performance is becoming harder to ignore.
There are thousands of crypto projects building essentially the same thing: another token, another DeFi protocol, another RWA narrative.
$ICP is different.
@CaffeineAI enables anyone to build fully decentralized applications without worrying about infrastructure.
Cloud Engine makes it possible to deploy and run private or public networks across independent operators, reducing reliance on traditional cloud providers.
At the same time, ICP’s revenue is growing strongly, showing increasing real-world usage and demand for the network.
The market won’t reward narratives forever. Eventually, it rewards products, adoption, revenue, and technology that solve real problems.
Utility wins.
@TedPillows Because utility gets more and more important. 99% of crypto are useless tokenledger and do all the same. You need real productization like $ICP provides it with @caffeineai or cloud engines.
🇺🇸 JUST IN: President Trump signs executive order on AI innovation and security. Guess what…
When it comes to AI and security, there’s no way around $ICP