Speculation Rises as ICP Ties to Coinbase Launchpad Gain Momentum

The Internet Computer (ICP) is in the news again, following the rumor of its possible listing on the speculative Launchpad platform at Coinbase. It started off with a Cosplay Deals Insider (Twitter account) insinuating a partnership between ICP and a post on the Coin Bureau Twitter account indicating an early incident token platform a la Binance Launchpool. Though there is no official Coinbase announcement, the rumor is consistent with the overall strategy of the exchange to grow beyond conventional listings and keep Web3 and DeFi projects. This has led to a new retail rush of interest in ICP in spite of the 11.03% drop in the price of the token to 7.92, according to CoinMarketCap.

Core Technology and Deflationary Model of ICP

Introduced on May 10, 2021, the Internet Computer is a post-ICO project with a multimillion-dollar ICO that is one of the most ambitious blockchain projects so far. It aims at expanding the public internet to an open source, decentralised global computer that can run websites, enterprise systems and dApps.

Finally, the foundation of DFINITY, based in Zurich, has formed partnerships with Microsoft Azure and Google Cloud, which reinforced the infrastructure of the cloud ecosystem by ICP. Such alliances guarantee the reliability of an enterprise level and provide better developer adoption. In October 2023, the project introduced Neuron Fund to enable ICP holders to stake tokens to participate in governance and gain rewards, further decentralization of the network. By November 2025, the network supports more than 1.2 million active user wallets and executes millions of calls of a smart contract every day, which is the indicator of a sustainable ecosystem presence despite the volatility of prices.

Coinbase Investor Sentiment and Market Data

ICP has a market capitalization of 4.27, which ranks it within the top 30 cryptocurrencies in the world by market capitalization. The price of the token has not been spared of pressure, however, as it shows wider uncertainty in the markets of altcoins. Analysts believe that the recent falls are as a result of regulation pressure and a transition to Bitcoin dominance. Nevertheless, Coinbase has the potential Launchpad program, and investor confidence has come back. Chainalysis data indicates that DeFi has increased by 15 percent in 2025, which may be positive news regarding projects such as ICP, which are infrastructure bridges and decentralized applications. When Coinbase incorporates ICP into Launchpad, the transition would increase liquidity and institutional exposure to a high degree.

Regulatory Environment and Launchpad Viability

In 2024, the U.S. SEC set new rules regarding token launch platforms, demanding greater transparency and protection to investors. These regulations are more or less similar to those of Binance Launchpool and OKX Jumpstart. In case Coinbase decides to launch its own Launchpad, it would meet similar compliance challenges. The scalability and readiness to do large-scale integrations shown by DFINITY with 2020 testnet of over 1 million transactions per day proved the protocol was scalable and could be of technical interest to institutional investors on the Coinbase ecosystem.