Internet Computer Price (ICP)

On the Internet Computer, a canister is where an application runs its code and keeps data. A canister can serve a website or run part of an app’s backend. Several canisters can work together when a project needs more than one service.

Canisters pay for computing and storage with cycles. Operators can burn ICP to create cycles. Because the app can pay from its own balance, visitors can use some services without buying ICP first. An operator still needs to keep that balance funded.

ICP is also used to participate in network governance through staked positions. The chart shows how much ICP trades for in dollars. The cost to run a particular app depends on what the canisters do and how much storage they use.