Dec. 27th 2024
Welcome to Another Edition of the ICP Daily Roundup
In today’s edition, we’ll be analyzing the holder statistics for both ICP and OpenChat over the past six months.
These impressive metrics highlight the steady growth and adoption of both ICP and OpenChat.
ICP Holder Growth
- Current Addresses: 2,469,329
- New Addresses (Last 6 Months): 323,017
- Growth Rate: 15% increase in just six months
OpenChat (CHAT) Holder Growth
- Current Addresses: 142,517
- New Addresses (Last 6 Months): 44,344
- Growth Rate: 45.1% increase in six months
Source: icterminal
Analyzing Meaningful Wallets: A Closer Look
Let’s delve into meaningful wallets, defined as those holding at least 10 tokens. Here’s how the numbers break down for both ICP and CHAT:
ICP Meaningful Wallets (10+ ICP)
- Current Wallets: 99,873
- Growth (Last 6 Months): 12,370 new wallets
- Growth Rate: 14.1% increase in six months
CHAT Meaningful Wallets (10+ CHAT)
- Current Wallets: 15,639
- Growth (Last 6 Months): 468 new wallets
- Growth Rate: 3.1% increase in six months
Source: icterminal
Continuing our analysis, let’s examine the growth in meaningful wallets holding at least 100 tokens of ICP and CHAT over the last six months:
ICP Meaningful Wallets (100+ ICP)
- Current Wallets: 49,399
- Growth (Last 6 Months): 5,352 new wallets
- Growth Rate: 12.17% increase in six months
CHAT Meaningful Wallets (100+ CHAT)
- Current Wallets: 5,865
- Growth (Last 6 Months): 85 new wallets
- Growth Rate: 1.47% increase in six months
Source: icterminal
Now, let’s look at the growth in meaningful wallets holding at least 1000 tokens of ICP and CHAT over the past six months:
ICP Meaningful Wallets (1000+ ICP)
- Current Wallets: 15,588
- Growth (Last 6 Months): 783 new wallets
- Growth Rate: 5.3% increase in six months
CHAT Meaningful Wallets (1000+ CHAT)
- Current Wallets: 1,583
- Growth (Last 6 Months): 192 new wallets
- Growth Rate: 13.8% increase in six months
Source: icterminal
Let’s now examine the growth in meaningful wallets holding at least 10,000 tokens of ICP and CHAT over the past six months:
ICP Meaningful Wallets (10,000+ ICP)
- Current Wallets: 4,237
- Growth (Last 6 Months): 60 new wallets
- Growth Rate: 1.43% increase in six months
CHAT Meaningful Wallets (10,000+ CHAT)
- Current Wallets: 371
- Growth (Last 6 Months): 32 new wallets
- Growth Rate: 9.43% increase in six months
Source: icterminal
To better understand the supply held by meaningful wallets, we’ll use the following marine-themed hierarchies:
Plankton: <1 ICP
Shrimp: 1–10 ICP
Crab: 10–100 ICP
Octopus: 100–500 ICP
Fish: 500–1,000 ICP
Dolphin: 1,000–5,000 ICP
Shark: 5,000–10,000 ICP
Whale: 10,000–100,000 ICP
Humpback: >100,000 ICP
This classification allows for a granular analysis of the ICP supply distribution across wallet sizes, providing insights into the activity and holdings of various types of participants within the ecosystem. Let’s dive into the data! 
Over the past six months, the supply held by all the above-mentioned wallet categories has shown a rapid increase, indicating significant accumulation by retail and mid-sized investors.
Meanwhile, whales ( 10,000+ ICP) and Humpbacks (>100,000 ICP) have generally maintained their holdings, with some showing slight increases in exposure.
Source: icterminal
For OpenChat, the supply held by wallets containing 1,000 to 10,000 CHAT and 10,000 to 100,000 CHAT has seen a rapid increase over the past six months. This trend highlights significant accumulation by mid-sized investors, reflecting growing confidence and interest in the OpenChat ecosystem.
Source: icterminal
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