Supply Held by Plankton (<1 ICP)
Supply Held by Plankton (<1 ICP) measures the total amount of ICP collectively held by all addresses with balances below 1 ICP. This tier represents the smallest wallets in the network — often residual balances, micro wallets, dust amounts, test accounts, and minor operational addresses created through transfers, staking interactions, or application usage. While individually insignificant, this tier helps illustrate the breadth of network participation rather than monetary impact.
How it’s calculated
All addresses with less than 1 ICP are aggregated, and their combined balances form the value displayed for this metric. Each address is included based purely on its current balance, without weighting for transaction activity or wallet age. The result reflects the total supply stored across the smallest balance tier.
What this metric highlights
Supply Held by Plankton offers perspective on the lower boundary of supply dispersion and the spread of micro-level balances across the network:
- Increasing supply held: May indicate growing wallet creation, onboarding of new users with micro balances, or the accumulation of residual funds across a wide base of participants.
- Stable supply held: Suggests consistency in micro-wallet activity and limited shifts in dispersion at the smallest tier.
- Declining supply held: Could reflect consolidation of small balances into larger wallets or the clearing of residual amounts.
Limitations
It’s important to recognize the boundaries of what this metric can and cannot represent:
- Economically negligible: The total supply in this tier typically has little financial influence relative to larger holders.
- High presence of inactive or residual wallets: Many addresses may not represent active participants or engaged users.
- No directional signal: Movement in this tier does not inherently imply accumulation, distribution, sentiment, or network health.
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