Market-cap peers

ETC vs ICP

Ethereum Classic and Internet Computer scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.

Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.

ETC score
90/250
192nd of 251 · PASS
ICP score
102/250
129th of 251 · WATCH
Variables won
6 to 14
5 level of 25
Framework prefers
ICP
by 12 points
01

What separates them

ETC scores 90 of 250 and ranks 192nd of 251. ICP scores 102 and ranks 129th. ICP leads by 12 points, which is a real gap, though small enough that one variable moving would close much of it. ETC takes 6 of the 25 variables, ICP takes 14, and 5 are level.

The framework rates ETC PASS and ICP WATCH. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.

3 variables separate them by 3 points or more. ETC is clear on Insider Selling (6 against 3). ICP is clear on Real Staking Yield (5 against 1) and Circulating / FDV Ratio (8 against 5).

Both score 3 or below on Protocol Revenue, Revenue Trend, Buyback and Burn, Smart Money Flows, Market Share, BTC Alpha Potential. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.

ETC still has 24.7% of its eventual supply to enter circulation against 0% for ICP. On the same market capitalisation, a buyer of ETC is taking the 1.33x dilution path and a buyer of ICP the 1x one.

ICP is valued at $1.75B against $1.32B for ETC, a 1.3x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.

02

All 25 variables, head to head

Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.

Cash flow

Cash flow variables compared between ETC and ICP
Protocol Revenue2
3ICP +1
Revenue Trend2
3ICP +1
P/S Multiple4
3ETC +1
Real Staking Yield1
5ICP +4

Supply

Supply variables compared between ETC and ICP
Supply Inflation4
2ETC +2
Vesting Schedule5
3ETC +2
Circulating / FDV Ratio5
8ICP +3
Buyback and Burn1
2ICP +1

Ownership

Ownership variables compared between ETC and ICP
Smart Money Flows3
3level
Insider Selling6
3ETC +3
Holder Concentration5
3ETC +2

Traction

Traction variables compared between ETC and ICP
TVL Trend2
4ICP +2
Active Users3
4ICP +1
Developer Activity4
6ICP +2
Network Growth3
4ICP +1

Position

Position variables compared between ETC and ICP
Market Share3
3level
Competitive Moat4
5ICP +1
Institutional Adoption4
3ETC +1
Exchange Depth6
6level
Social Mindshare4
5ICP +1

Risk

Risk variables compared between ETC and ICP
Regulatory Safety5
6ICP +1
Catalyst Calendar3
5ICP +2
BTC Alpha Potential3
3level
Team Execution4
4level
Treasury Runway4
6ICP +2

Bars read outward from the centre: ETC to the left, ICP to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.

03

Market and supply

Market and supply figures for ETC and ICP
ETCICP
Price$8.32$3.14
Market cap$1.32B$1.75B
Circulating75.3%100%
Dilution to full supply1.33x1x
Off all-time high-95%-99.55%
To recover the high20x222.2x
Total value lockednot published$110.0M
NetworkETCInternet Computer

Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.

04

Catalyst and risk on each side

ETC · PASS

Catalyst

PoW narrative revival; potential ETF speculation as Bitcoin alternative.

Principal risk

Low developer activity vs. ETH; 51% attack history concerns.

ICP · WATCH

Catalyst

Bitcoin integration and ckBTC enabling ICP as BTC L2; AI smart contract canister adoption

Principal risk

Ongoing NNS-controlled ICP minting (inflation); 53% supply not yet in circulation; 99.6% below launch price; complex tech with thin real-world adoption

05

Common questions

Is ETC or ICP the better investment?
On this framework ICP scores higher: 102 against 90 of 250, and it is rated WATCH against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and ETC still wins 6 of the 25 individual variables against ICP.
What is the biggest difference between ETC and ICP?
Real Staking Yield. ETC scores 1 of 10 there and ICP scores 5, a gap of 4 points on a single variable.
Which is bigger, ETC or ICP?
ETC is valued at $1.32B and ICP at $1.75B on the latest market snapshot.
06

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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.