AI Tokens Surge Amid DePIN, a Crypto Bull Run Trend

By: Eva Baxter

The Artificial Intelligence (AI) sector has seen a resurgence recently, with sector tokens increasing by 7.7% on average in the last 24 hours according to CoinGecko. Projects such as Ocean Protocol's OCEAN and Fetch.AI's FET have seen a rise of more than 10%.

AI tokens are surging amid a growing focus on Decentralized Physical Infrastructure (DePIN), which is predicted to emerge as a $3.5 trillion industry by 2028. Among the significant DePIN subsectors are decentralized storage and computing, and AI Infrastructure, which are driving growth and innovation.

Amid the unfolding trend, notable projects such as Akash Network (AKT), Render Network (RNDR), Aethir Cloud, Filecoin (FIL), Arweave, and ATOR Protocol have demonstrated potential with their distinctive contributions. At the time of publishing, RNDR was trading at $6.15.