TLDR
- Grayscale Investments introduced a new AI Crypto Sector featuring 20 leading AI Coins.
- The AI Coins sector has grown 4.5 times in two years and now holds a $20 billion market cap.
- Bittensor surged 4.5% to $475, and its market cap crossed the $4 billion mark.
- Virtual Protocol gained 15%, and its trading volume increased by 60% to over $600 million.
- Injective Protocol rose 8% to $15, driven by growing interest in AI-integrated blockchain platforms.
AI Coins surged today after Grayscale Investments introduced its new AI Crypto Sector, recognizing the space’s rapid growth. The sector has expanded 4.5 times in two years, reaching a $20 billion market cap. Grayscale identified leading projects, reflecting growing interest in decentralized AI technologies.
Bittensor Surges as AI Coins Rally
Bittensor (TAO) led the AI Coins rally following Grayscale’s sector announcement, gaining 4.5% to reach $475 per token. Its market cap crossed $4 billion, solidifying its position as a dominant AI platform in the space. Trading volumes increased steadily, aligning with rising engagement across decentralized AI ecosystems.
The asset is categorized under AI Platforms, supporting the development and deployment of decentralized AI models and networks. Its architecture allows users to contribute to and benefit from machine learning models. The rise in value reflects increasing traction from those backing decentralized compute and intelligence.
TAO’s momentum aligns with Grayscale’s strategic focus on projects that decentralize AI infrastructure. This category includes other networks with foundational capabilities supporting AI growth. Bittensor’s consistent market activity shows confidence in its role within decentralized machine learning applications.
Virtual Protocol (VIRTUAL) Jumps As Activity Spikes
Virtual Protocol (VIRTUAL) posted a 15% price increase as AI Coins gained broader recognition under Grayscale’s new classification. Its daily trading volume jumped 60% to over $600 million, marking a notable shift in market attention. The spike followed growing mentions of AI agents within Web3 ecosystems.
Classified under AI Apps & Agents, Virtual Protocol provides tools for building intelligent agents operating on decentralized networks. It addresses specific challenges like data processing, task automation, and real-time interaction. Grayscale’s inclusion signals a focus on application-specific projects advancing AI usability.
As AI Coins gain market dominance, Virtual Protocol shows strong performance across both price and user engagement metrics. Its trading activity confirms growing relevance in the decentralized AI applications category. The coin continues to outperform peers in the same subsegment of the market.
Injective Protocol (INJ) Climbs With Broader Sector Push
Injective Protocol (INJ) rose 8% to $15 as AI Coins responded positively to the newly announced AI Crypto Sector. The protocol benefits from its integration with AI tools supporting blockchain-based data access and processing. Increased demand for compute-compatible networks lifted its valuation today.
While not a pure AI play, INJ offers infrastructure that supports AI-focused applications requiring secure and scalable networks. It has gained visibility among platforms facilitating efficient data sharing and machine learning workflows. The current market activity reflects growing relevance in hybrid AI ecosystems.
As AI Coins continue their uptrend, INJ strengthens its position in supporting services linked to decentralized intelligence. Grayscale’s broader classification includes projects that enable AI application layers through secure blockchain frameworks. INJ’s technical foundation makes it an enabler of compute and smart contract integration for AI workloads.
Grayscale Pushes Sector Recognition Forward
Grayscale’s AI Crypto Sector groups 20 AI Coins across three main categories: Platforms, Tools & Resources, and Applications. The combined market cap of these assets now stands at $20 billion, showing strong growth from $4.5 billion two years ago. This represents less than 1% of the entire crypto market, yet reflects rapid progress.
The sector includes names like Bittensor, Near, Render, Worldcoin, Akash, Kaito, and Virtuals, spanning varied use cases. The focus remains on decentralization, aiming to reduce control from centralized entities in AI development and deployment. Grayscale emphasized the importance of enabling AI use cases on-chain.
