Sector Alpha Week of 2026-07-24
Five-year price · 20 complete calendar quarters · BTC-relative

AI Crypto Coins

Is AI outperforming Bitcoin, and is leadership broad?

Bottom line

NEAR Protocol ranks first for research priority in AI crypto at 62.3/100, and its native activity evidence clears the coverage gate. The theme's 13-week excess versus Bitcoin is +15.2% on 20% breadth, which is what decides whether that lead is isolated or broad. 3 of the 110 assets here carry enough native evidence to move past a tape-led label.

These AI coins are part of the cryptocurrency universe this site tracks daily — 894 of the top 1,000 crypto currency assets by market cap, priced from exchange closes and matched to protocol fees and revenue where a protocol publishes them.

The theme itself · before any single company

How has AI moved against Bitcoin?

The line below covers 5 years. Over the most recent two of them this theme is 37% behind Bitcoin. Protocol revenue across its protocols fell 60% on average over the last four reported quarters. It has been ahead of Bitcoin on a rolling three-month view for 11 weeks running.

BREAKING OUT · ahead 11w·Price down, no fundamental support39 of 73 coins ahead of Bitcoin by 5% or more over three months

RS ↑11w · 13/73 >200d (−3) · 39/73 lead (+4) · EPS —

50100200500Mon Mon Mon Mon Mon 77271
50100200500Mon Mon Mon Mon Mon 77271
AI, equal-weighted, based at 200 Bitcoin, same base, same start trailing 12-month protocol revenue rising falling
Strength anatomy Broadening down the ladderHow much of the theme is participating, how recently, and whether the movers score well.
Together39 of 73 coins moving
Fresh7 crossed in the last 4 weeks
Down the cap ladder — bar is now, tick is four weeks ago
Large 8/15+1
Mid 11/26−1
Small 20/32+4

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the theme line is an equal-weighted index of its 73 coins. The bars underneath are trailing 12-month protocol revenue, one bar per reported quarter, each member rebased to 100 at the start and the theme taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while protocol revenue grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

RISK OFF market context

AI vs Bitcoin — Relative Strength & Breadth

AI crypto has outperformed Bitcoin by 26.3% over 52 weeks on an equal-weight index of current members. Over 13 weeks the figure is +15.2%. 14 of 70 covered assets are above their own 200-day average. Velvet leads Bitcoin-relative strength at +366.3%. Price readings are as of 2026-07-24.

+15%13w vs BTC
+26%52w vs BTC
14/70Above 200-DMA
VELVETRS leader · +366%
Assets
110
canonical functional membership
Activity-covered
3/110
enough native evidence
Top score
62.3/100
NEAR Protocol
Calendar quarters
20
complete; missing stays missing
Global asset selection · top 20 shown
Showing 20 of 110 assets
00 · exact additive research priority

4-Factor Crypto Evidence Score

A within-theme research-priority score for the 110 assets in AI, out of 100. The four displayed point contributions add exactly to the total, and the market regime changes the action label, never the arithmetic. NEAR Protocol is highest at 62.3/100 on 87% evidence. It ranks research attention, not portfolio action.

Market leadership · 35Network & economic traction · 30Value capture · 20Liquidity & downside risk · 15
NEAR Protocol leads the current research queue at 62.3/100 with 87% evidence.
3/110 assets have enough native activity evidence to move beyond a tape-led label.

Missing native metrics are not scored as zero and are not silently reweighted. They pull only the affected factor toward neutral and lower its visible evidence percentage.

1. NEAR Protocol · NEAR

62.3/100 · Constructive watch · market gate closed · 87% evidence

Exact sum: 30.0 + 13.4 + 6.5 + 12.4 = 62.3

Decision use: Price leads usage. Wait for fees, users or TVL to confirm the move.

30.0/35Market leadership

RS-BTC 46.2 pp · RS-sector 0.1 pp · 200-DMA above

100% evidence

13.4/30Network & economic traction

Fees -69% · revenue -69.1% · users —

70% evidence

6.5/20Value capture

Fee yield 0.07% · revenue yield 0.07%

80% evidence

12.4/15Liquidity & downside risk

30d median volume $210,216,109 · vol 63.9%

100% evidence

2. KAITO · KAITO

71.0/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 34.4 + 15.0 + 10.0 + 11.6 = 71.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

34.4/35Market leadership

RS-BTC 154 pp · RS-sector 130.4 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

11.6/15Liquidity & downside risk

30d median volume $28,109,490 · vol 131.3%

100% evidence

3. Allora · ALLO

69.6/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 34.5 + 15.0 + 10.0 + 10.1 = 69.6

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

34.5/35Market leadership

RS-BTC 359.9 pp · RS-sector 37.8 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

10.1/15Liquidity & downside risk

30d median volume $42,088,033 · vol 227.8%

100% evidence

4. Law Blocks AI · LBT

67.3/100 · Illiquid · research only · 50% evidence

Exact sum: 33.9 + 15.0 + 10.0 + 8.4 = 67.3

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

33.9/35Market leadership

RS-BTC 64 pp · RS-sector 19.3 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

8.4/15Liquidity & downside risk

30d median volume $737,869 · vol 38.8%

100% evidence

5. SentismAI · SENTIS

65.7/100 · Illiquid · research only · 50% evidence

Exact sum: 32.3 + 15.0 + 10.0 + 8.4 = 65.7

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

32.3/35Market leadership

RS-BTC 224.1 pp · RS-sector 93.9 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

8.4/15Liquidity & downside risk

30d median volume $2,198,598 · vol 66.3%

100% evidence

6. Velvet · VELVET

64.2/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 30.9 + 15.0 + 10.0 + 8.3 = 64.2

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

30.9/35Market leadership

RS-BTC 366.3 pp · RS-sector 1.2 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

8.3/15Liquidity & downside risk

30d median volume $18,243,709 · vol 549.4%

100% evidence

7. Codatta · XNY

63.6/100 · Illiquid · research only · 50% evidence

Exact sum: 32.4 + 15.0 + 10.0 + 6.2 = 63.6

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

32.4/35Market leadership

RS-BTC 31 pp · RS-sector 58.5 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

6.2/15Liquidity & downside risk

30d median volume $3,408,946 · vol 130.1%

100% evidence

8. AWE Network · AWE

62.0/100 · Illiquid · research only · 50% evidence

Exact sum: 28.3 + 15.0 + 10.0 + 8.7 = 62.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

28.3/35Market leadership

RS-BTC 21.8 pp · RS-sector 1.9 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

8.7/15Liquidity & downside risk

30d median volume $3,274,775 · vol 92.6%

100% evidence

9. Nosana · NOS

60.9/100 · Illiquid · research only · 50% evidence

Exact sum: 30.9 + 15.0 + 10.0 + 5.0 = 60.9

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

30.9/35Market leadership

RS-BTC 24.4 pp · RS-sector 8.5 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

5.0/15Liquidity & downside risk

30d median volume $190,093 · vol 73.9%

100% evidence

10. Bluwhale · BLUAI

60.7/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 26.3 + 15.0 + 10.0 + 9.4 = 60.7

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

26.3/35Market leadership

RS-BTC 26.6 pp · RS-sector -4.4 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

9.4/15Liquidity & downside risk

30d median volume $10,727,837 · vol 212.3%

100% evidence

11. Pieverse · PIEVERSE

60.5/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 25.3 + 15.0 + 10.0 + 10.2 = 60.5

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

25.3/35Market leadership

RS-BTC 4.9 pp · RS-sector 8.6 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

10.2/15Liquidity & downside risk

30d median volume $12,575,951 · vol 97.9%

100% evidence

12. Chainlink · LINK

60.3/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 21.3 + 15.0 + 10.0 + 14.0 = 60.3

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

21.3/35Market leadership

RS-BTC 6.6 pp · RS-sector 20.4 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

14.0/15Liquidity & downside risk

30d median volume $222,852,350 · vol 41.8%

100% evidence

13. Arweave · AR

57.4/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 20.1 + 15.0 + 10.0 + 12.3 = 57.4

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

20.1/35Market leadership

RS-BTC 11.8 pp · RS-sector 5.8 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

12.3/15Liquidity & downside risk

30d median volume $10,164,623 · vol 51.5%

100% evidence

14. EigenCloud (prev. EigenLayer) · EIGEN

57.1/100 · Tape-led · on-chain proof incomplete · 68% evidence

Exact sum: 21.8 + 14.2 + 9.9 + 11.2 = 57.1

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

21.8/35Market leadership

RS-BTC 33.7 pp · RS-sector -3.7 pp · 200-DMA below

100% evidence

14.2/30Network & economic traction

Fees — · revenue — · users —

17% evidence

9.9/20Value capture

Fee yield 30.93% · revenue yield 0%

65% evidence

11.2/15Liquidity & downside risk

30d median volume $18,173,329 · vol 96.7%

100% evidence

15. OpenServ · SERV

57.0/100 · Illiquid · research only · 50% evidence

Exact sum: 28.7 + 15.0 + 10.0 + 3.3 = 57.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

28.7/35Market leadership

RS-BTC 105.4 pp · RS-sector -6.8 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

3.3/15Liquidity & downside risk

30d median volume $723,929 · vol 144.6%

100% evidence

16. ZIGChain · ZIG

56.0/100 · Illiquid · research only · 50% evidence

Exact sum: 22.9 + 15.0 + 10.0 + 8.1 = 56.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

22.9/35Market leadership

RS-BTC 59.1 pp · RS-sector -0.7 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

8.1/15Liquidity & downside risk

30d median volume $2,689,014 · vol 59.9%

100% evidence

17. Aethir · ATH

55.8/100 · Tape-led · on-chain proof incomplete · 13% evidence

Exact sum: 17.5 + 15.0 + 15.8 + 7.5 = 55.8

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

15.8/20Value capture

Fee yield 107.4% · revenue yield 21.48%

65% evidence

7.5/15Liquidity & downside risk

30d median volume — · vol —

0% evidence

18. BankrCoin · BNKR

55.7/100 · Tape-led · on-chain proof incomplete · 13% evidence

Exact sum: 17.5 + 15.0 + 15.7 + 7.5 = 55.7

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

15.7/20Value capture

Fee yield 70.68% · revenue yield 28.28%

65% evidence

7.5/15Liquidity & downside risk

30d median volume — · vol —

0% evidence

19. Internet Computer · ICP

55.6/100 · Tape-led · on-chain proof incomplete · 55% evidence

Exact sum: 18.2 + 14.4 + 10.0 + 13.0 = 55.6

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

18.2/35Market leadership

RS-BTC 5.3 pp · RS-sector 5.8 pp · 200-DMA below

100% evidence

14.4/30Network & economic traction

Fees — · revenue — · users —

17% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

13.0/15Liquidity & downside risk

30d median volume $35,678,741 · vol 42.5%

100% evidence

20. OlaXBT · AIO

55.6/100 · Illiquid · research only · 50% evidence

Exact sum: 26.1 + 15.0 + 10.0 + 4.5 = 55.6

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

26.1/35Market leadership

RS-BTC 32.9 pp · RS-sector 0 pp · 200-DMA above

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

4.5/15Liquidity & downside risk

30d median volume $1,319,678 · vol 143.2%

100% evidence

Showing 20 of 110 ranked assets
01 · complete calendar-quarter evidence

Which projects are generating the most network fees?

Aethir leads AI crypto on Trailing 12-month fees at $97.9M, 99% ahead of EigenCloud (prev. EigenLayer). 1 of 4 assets with comparable change data is growing, fastest at The Graph. Coverage is 11 of the 110 assets in this theme, through the Q2 2026 calendar quarter.

LeaderAethir · $97.9M
Gap99% versus #2
Persistence1 assets have positive comparable growth
Coverage11/110 assets

Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture.

This conclusion weakens if: fee growth turns negative across two complete calendar quarters or fee coverage falls below the stated threshold.

Trailing 12-month fees is the sum of the latest four complete calendar quarters. Growth compares that sum with the prior four-quarter sum.
Trailing 12-month feestop five
1Aethir ATH$97.9M
2EigenCloud (prev. EigenLayer) EIGEN$49.2M
3BankrCoin BNKR$30.0M
4Virtuals Protocol VIRTUAL$19.9M
5NEAR Protocol NEAR$1.9M
Fee growthtop five
1The Graph GRT+27%
2NEAR Protocol NEAR-69%
3IoTeX IOTX-74%
4Morpheus AI MOR-75%
Network fees · asset comparison
11/110 level · 4/110 change
Latest comparable data · top 20 shown first
AssetTrailing 12-month feesFee growth
near$140.7K-69%
kaito
allora
law-blocks
sentismai
velvet
codatta
stp-network
nosana
bluwhale
pieverse
chainlink
arweave
eigenlayer$2.5M
openserv
zignaly
aethir$12.1M
bankercoin-2$11.2M
internet-computer
olaxbt
Showing 20 of 110 assets
02 · complete calendar-quarter evidence

Which projects convert activity into protocol revenue?

Virtuals Protocol leads AI crypto on Trailing 12-month revenue at $19.9M, 2% ahead of Aethir. 0 of 3 assets with comparable change data are growing. Coverage is 8 of the 110 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero.

LeaderVirtuals Protocol · $19.9M
Gap2% versus #2
Persistence0 assets have positive comparable growth
Coverage8/110 assets

Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture.

This conclusion weakens if: revenue growth turns negative or the revenue-to-fees take rate falls for two complete calendar quarters.

Trailing 12-month revenue is the sum of the latest four complete calendar quarters. Growth compares that sum with the prior four-quarter sum.
Trailing 12-month revenuetop five
1Virtuals Protocol VIRTUAL$19.9M
2Aethir ATH$19.6M
3BankrCoin BNKR$12.0M
4NEAR Protocol NEAR$1.9M
5FLOCK FLOCK$1.0M
Revenue growthtop five
1NEAR Protocol NEAR-69%
2Morpheus AI MOR-75%
3The Graph GRT-99%
Protocol revenue · asset comparison
8/110 level · 3/110 change
Latest comparable data · top 20 shown first
AssetTrailing 12-month revenueRevenue growth
near$134.8K-69%
kaito
allora
law-blocks
sentismai
velvet
codatta
stp-network
nosana
bluwhale
pieverse
chainlink
arweave
eigenlayer$0
openserv
zignaly
aethir$2.4M
bankercoin-2$4.5M
internet-computer
olaxbt
Showing 20 of 110 assets
03 · complete calendar-quarter evidence

Where is capital actually committed on-chain?

EigenCloud (prev. EigenLayer) leads AI crypto on Quarter-end TVL at $4.4B, 3923% ahead of NEAR Protocol. 1 of 13 assets with comparable change data is growing, fastest at Concordium. Coverage is 28 of the 110 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero.

LeaderEigenCloud (prev. EigenLayer) · $4.4B
Gap3923% versus #2
Persistence1 assets have positive comparable growth
Coverage28/110 assets

Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture.

This conclusion weakens if: TVL rises while fees and users fall; that pattern can be incentive-funded mercenary liquidity.

Quarter-end TVL uses protocol TVL first for protocol assets and exact-ID chain TVL for chain assets or where protocol TVL is unavailable. A blank is unavailable, not zero. Growth compares with the same complete quarter one year earlier.
Quarter-end TVLtop five
1EigenCloud (prev. EigenLayer) EIGEN$4.4B
2NEAR Protocol NEAR$108.8M
3Bittensor TAO$41.7M
4Morpheus AI MOR$11.9M
5Internet Computer ICP$10.9M
TVL growthtop five
1Concordium CCD+299%
2ChainGPT CGPT-5.3%
3NEAR Protocol NEAR-24%
4Internet Computer ICP-59%
5EigenCloud (prev. EigenLayer) EIGEN-62%
Total value locked · asset comparison
28/110 level · 13/110 change
Latest comparable data · top 20 shown first
AssetQuarter-end TVLTVL growth
near$108.8M-24%
kaito$0
allora
law-blocks
sentismai
velvet
codatta
stp-network
nosana
bluwhale
pieverse
chainlink
arweave
eigenlayer$4.4B-62%
openserv
zignaly$7.9M
aethir$0
bankercoin-2
internet-computer$10.9M-59%
olaxbt
Showing 20 of 110 assets
04 · let price answer last

Which assets lead on price and relative strength?

Velvet leads the AI tape on Bitcoin-relative strength at +366% over 90 days. 14 of 70 covered assets are above their own 200-day average. Price shows what happened; BTC-relative strength shows whether the asset beat crypto’s opportunity-cost benchmark. Both lines run through 2026-07-24.

Complete set · no silent drops

Which assets are in AI?

110 priced assets are assigned to AI, listed below by rank with every one visible — including tape-only names that publish no protocol activity. Each asset has exactly one canonical functional theme, chosen by a specific-to-general first match on its categories. Pegged, wrapped, liquid-staking receipt and tokenized-asset instruments are excluded because they have no independent price discovery.

RankAssetPrice90dRS-BTC200-DMA30d volMedian volumePrice qualityActivity sourceScoreEvidence
1NEAR Protocol NEAR$1.81+29%+46%Above64%$210.2Musableprotocol + chain TVL62.387%
2KAITO KAITO$0.9572+137%+154%Above131%$28.1Musableprotocol71.050%
3Allora ALLO$0.5176+342%+360%Above228%$42.1Musabletape only69.650%
4Law Blocks AI LBT$0.2961+47%+64%Above39%$737.9Kusabletape only67.350%
5SentismAI SENTIS$0.2056+207%+224%Above66%$2.2Musabletape only65.750%
6Velvet VELVET$0.4467+349%+366%Above549%$18.2Musabletape only64.250%
7Codatta XNY$0.0077+14%+31%Above130%$3.4Musabletape only63.650%
8AWE Network AWE$0.0568+4.4%+22%Above93%$3.3Musabletape only62.050%
9Nosana NOS$0.2586+7.0%+24%Above74%$190.1Kusabletape only60.950%
10Bluwhale BLUAI$0.0122+9.2%+27%Above212%$10.7Musabletape only60.750%
11Pieverse PIEVERSE$0.6580-13%+4.9%Above98%$12.6Musabletape only60.550%
12Chainlink LINK$8.33-11%+6.6%Below42%$222.9Musabletape only60.350%
13Arweave AR$1.84-5.7%+12%Below52%$10.2Musabletape only57.450%
14EigenCloud (prev. EigenLayer) EIGEN$0.2077+16%+34%Below97%$18.2Musableprotocol57.168%
15OpenServ SERV$0.0312+88%+105%Above145%$723.9Kusabletape only57.050%
16ZIGChain ZIG$0.0410+42%+59%Below60%$2.7Musablechain TVL56.050%
17Aethir ATHusableprotocol55.813%
18BankrCoin BNKRusableprotocol55.713%
19Internet Computer ICP$2.14-12%+5.3%Below43%$35.7Musablechain TVL55.655%
20OlaXBT AIO$0.1091+16%+33%Above143%$1.3Musabletape only55.650%
Showing 20 of 110 assets
Methodology · boundaries make the answer useful

What can make this comparison misleading?

This AI comparison names 5 ways its own evidence can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Coverage is also uneven — 3 of 110 assets carry enough native evidence to rank on more than price.

  • Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
  • Market-cap values are a dated universe snapshot, not point-in-time historical supply data.
  • Current category labels are applied to historical prices; this creates survivorship and taxonomy hindsight.
  • Funding rates, open interest, liquidations, exchange flows, unlock schedules, historical circulating supply and developer activity are not held and are not inferred.
  • Equal weighting is used for sector history because true historical market-cap weights are unavailable.
Price and technicalsThrough 2026-07-24. Five-year weekly observations benchmarked to Bitcoin.
Protocol activityThrough 2026-07-24. Fees, revenue, protocol TVL and DEX volume.
Chain activityUsers and transactions through unavailable; separately sourced chain TVL through 2026-07-24.
Market capSnapshot dated 2026-07-04; no historical supply series is implied.
Questions the page should answer directly

Crypto analysis FAQs

These 18 answers cover the questions this page can settle from data it holds — what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.

What is AI crypto?

AI crypto refers to cryptocurrency projects grouped by what they actually do rather than by market fashion. This page tracks 110 such coins by market cap, price and Bitcoin-relative strength, with protocol fees and revenue where a project publishes them. Readings are as of 2026-07-24.

What is the total market cap of AI crypto coins?

The AI coins on this page are tracked against a universe of 894 of the top 1,000 crypto currency assets by market cap. Market-cap metadata is dated 2026-07-04, separately from the price series, and each coin's own figure is in the table on this page.

Are AI crypto coins outperforming Bitcoin?

AI has returned +26.3% versus Bitcoin over 52 weeks and +15.2% over 13 weeks on an equal-weight current-member index. 14/70 covered assets are above their 200-day averages as of 2026-07-24.

Which AI asset has the strongest research score?

NEAR Protocol ranks first at 62.3/100: 30.0 + 13.4 + 6.5 + 12.4 = 62.3. It is labelled “Constructive watch · market gate closed” with 87% overall evidence and 74% native-economics evidence.

How is the AI 4-factor score calculated?

The exact sum is Market leadership /35 + Network and economic traction /30 + Value capture /20 + Liquidity and downside risk /15. Missing data pulls only the affected factor toward neutral and lowers evidence; it is never silently reweighted.

Why can a AI asset be labelled tape-led?

Tape-led means price and relative-strength evidence exists but less than half of the native traction and value-capture evidence is available. Such assets remain visible but rank below fully evidenced assets.

Does protocol revenue accrue to the token?

Not necessarily. Protocol fees and revenue measure network economics; token-holder value depends on the protocol’s burn, buyback, staking, distribution and governance rules. This page never assumes accrual merely because revenue exists.

Does crypto have a P/E or PEG ratio?

No comparable company-style P/E or PEG is used. Where coverage permits, the page shows network fee yield and protocol-revenue yield against a dated market-cap snapshot, with an explicit token-accrual caveat.

How much history is shown for AI?

The page shows five years of weekly price and relative-strength history and 20 complete calendar quarters of on-chain activity where available. Missing periods remain gaps.

Why do the crypto data dates differ?

Prices and technical metrics run through 2026-07-24; protocol activity through 2026-07-24; chain users and transactions through the latest available chain date; chain TVL through 2026-07-24; market capitalisation is a separate snapshot dated 2026-07-04.

Are stablecoins and wrapped tokens included in AI?

No. Pegged, wrapped, liquid-staking receipt and tokenized-asset instruments are excluded because they do not have independent price discovery.

Can one token appear in multiple raw crypto categories?

Yes, but public MLA pages assign each asset to exactly one functional theme using a specific-to-general first-match taxonomy. AI therefore has one canonical membership list.

What would invalidate the current AI theme read?

The read weakens if the sector’s 13-week relative return versus Bitcoin falls below zero, fewer than one-third of covered assets remain above the 200-day average, and the leading asset’s native activity also contracts.

Does this page include funding rates, open interest or token unlocks?

No. Those datasets are not held in the current research store, so the page names them as unavailable rather than inferring them from price.

Which projects are generating the most network fees?

Aethir leads AI crypto on Trailing 12-month fees at $97.9M, 99% ahead of EigenCloud (prev. EigenLayer). 1 of 4 assets with comparable change data is growing, fastest at The Graph. Coverage is 11 of the 110 assets in this theme, through the Q2 2026 calendar quarter. Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture. This conclusion weakens if fee growth turns negative across two complete calendar quarters or fee coverage falls below the stated threshold.

Which projects convert activity into protocol revenue?

Virtuals Protocol leads AI crypto on Trailing 12-month revenue at $19.9M, 2% ahead of Aethir. 0 of 3 assets with comparable change data are growing. Coverage is 8 of the 110 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero. Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture. This conclusion weakens if revenue growth turns negative or the revenue-to-fees take rate falls for two complete calendar quarters.

Where is capital actually committed on-chain?

EigenCloud (prev. EigenLayer) leads AI crypto on Quarter-end TVL at $4.4B, 3923% ahead of NEAR Protocol. 1 of 13 assets with comparable change data is growing, fastest at Concordium. Coverage is 28 of the 110 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero. Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture. This conclusion weakens if TVL rises while fees and users fall; that pattern can be incentive-funded mercenary liquidity.

Which AI project has the largest fee base?

Aethir leads covered trailing-12-month fees at $97.9M. Coverage is 11/110; this is network activity, not automatically token-holder income.

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