$ICP vs $ETH Eth year-for-year reality check
This part is uncomfortable for both bulls and critics — but it’s important.
Ethereum’s early years (roughly)
•2015–2017: Mostly ignored, technically clunky, hard to use
•2018–2019: Price collapsed, devs kept building
•2020–2021: DeFi + stablecoins made usage obvious
•2021+: Market repriced ETH violently upward
Ethereum spent ~6–8 years before the market truly understood what it was.
ICP today
ICP is younger and more ambitious:
•Smart contracts
•Tokens
•Financial primitives
ICP:
•Full-stack compute
•Native web hosting
•Cryptographic interoperability
•On-chain governance
•AI workloads
•Internet-scale services
That means:
•Slower understanding
•Longer gestation
•More skepticism early
Markets are bad at pricing infrastructure layers before they’re visible to users.
Ethereum looked useless to most people until:
“Oh… this runs stablecoins and apps.”
ICP hasn’t had its “oh…” moment yet — that’s the key difference.
