# AI crypto coins — market cap, protocol fees and revenue > AI vs Bitcoin — Relative Strength & Breadth Bottom line: NEAR Protocol ranks first for research priority in AI crypto at 62.2/100, and its native activity evidence clears the coverage gate. The theme's 13-week excess versus Bitcoin is +15.1% on 24% 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. ## Agent research brief - What matters now: AI is +15.1% versus Bitcoin over 13 weeks. Only 24% of covered assets are above trend; leadership is narrow. - Best research lead: NEAR Protocol ranks first at 62.2/100 with 87% total evidence and 74% native evidence. - The contradiction: 3/110 assets clear the native-evidence gate; the rest should not be treated as fundamentally confirmed. - What to do with it: Keep this as a research queue, not an entry list. The market gate reopens only when Bitcoin trend and sector breadth improve. Data: price 2026-07-24; protocol 2026-07-24; chain users/transactions unavailable; chain TVL 2026-07-24; market-cap snapshot 2026-07-04. ## 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 62.2/100 on 87% evidence. It ranks research attention, not portfolio action. 1. NEAR Protocol (NEAR): 62.2/100 — Constructive watch · market gate closed; 29.8 + 13.4 + 6.5 + 12.5 = 62.2; evidence 87%; native evidence 74% Decision use: Price leads usage. Wait for fees, users or TVL to confirm the move. 2. The Graph (GRT): 30.8/100 — Illiquid · research only; 2.6 + 15.6 + 5.9 + 6.7 = 30.8; evidence 82%; native evidence 64% Decision use: Evidence is mixed. Keep normal research priority and wait for two pillars to agree. 3. KAITO (KAITO): 70.8/100 — Tape-led · on-chain proof incomplete; 34.3 + 15.0 + 10.0 + 11.5 = 70.8; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 4. Allora (ALLO): 69.5/100 — Tape-led · on-chain proof incomplete; 34.4 + 15.0 + 10.0 + 10.1 = 69.5; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 5. Law Blocks AI (LBT): 67.1/100 — Illiquid · research only; 33.8 + 15.0 + 10.0 + 8.3 = 67.1; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 6. SentismAI (SENTIS): 65.6/100 — Illiquid · research only; 32.2 + 15.0 + 10.0 + 8.4 = 65.6; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 7. Gensyn (AI): 64.1/100 — Illiquid · research only; 33.9 + 15.0 + 10.0 + 5.2 = 64.1; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 8. Velvet (VELVET): 63.9/100 — Tape-led · on-chain proof incomplete; 30.7 + 15.0 + 10.0 + 8.2 = 63.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 9. Codatta (XNY): 63.2/100 — Illiquid · research only; 32.1 + 15.0 + 10.0 + 6.1 = 63.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 10. AWE Network (AWE): 61.7/100 — Illiquid · research only; 27.9 + 15.0 + 10.0 + 8.8 = 61.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 11. Nosana (NOS): 60.6/100 — Illiquid · research only; 30.5 + 15.0 + 10.0 + 5.1 = 60.6; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 12. Bluwhale (BLUAI): 60.3/100 — Tape-led · on-chain proof incomplete; 26.0 + 15.0 + 10.0 + 9.3 = 60.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 13. Mira (MIRA): 60.2/100 — Illiquid · research only; 31.0 + 15.0 + 10.0 + 4.2 = 60.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 14. Pieverse (PIEVERSE): 60.2/100 — Tape-led · on-chain proof incomplete; 25.0 + 15.0 + 10.0 + 10.2 = 60.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 15. Chainlink (LINK): 60/100 — Tape-led · on-chain proof incomplete; 21.0 + 15.0 + 10.0 + 14.0 = 60.0; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 16. Arweave (AR): 57.1/100 — Tape-led · on-chain proof incomplete; 19.8 + 15.0 + 10.0 + 12.3 = 57.1; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 17. EigenCloud (prev. EigenLayer) (EIGEN): 56.8/100 — Tape-led · on-chain proof incomplete; 21.5 + 14.2 + 9.9 + 11.2 = 56.8; evidence 68%; native evidence 36% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 18. OpenServ (SERV): 56.8/100 — Illiquid · research only; 28.6 + 15.0 + 10.0 + 3.2 = 56.8; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 19. ZIGChain (ZIG): 55.9/100 — Illiquid · research only; 22.8 + 15.0 + 10.0 + 8.1 = 55.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 20. Aethir (ATH): 55.8/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 15.8 + 7.5 = 55.8; evidence 13%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 21. BankrCoin (BNKR): 55.7/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 15.7 + 7.5 = 55.7; evidence 13%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 22. Internet Computer (ICP): 55.3/100 — Tape-led · on-chain proof incomplete; 17.9 + 14.4 + 10.0 + 13.0 = 55.3; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 23. OlaXBT (AIO): 55.2/100 — Illiquid · research only; 25.7 + 15.0 + 10.0 + 4.5 = 55.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 24. Holoworld (HOLO): 55.2/100 — Illiquid · research only; 23.6 + 15.0 + 10.0 + 6.6 = 55.2; evidence 30%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 25. Sentient (SENT): 54.8/100 — Illiquid · research only; 22.5 + 15.0 + 10.0 + 7.3 = 54.8; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 26. Pearl (PRL): 54.6/100 — Illiquid · research only; 23.1 + 15.0 + 10.0 + 6.5 = 54.6; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 27. Perle (PRL): 54.6/100 — Illiquid · research only; 23.1 + 15.0 + 10.0 + 6.5 = 54.6; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 28. Talus (US): 54.6/100 — Tape-led · on-chain proof incomplete; 21.5 + 15.0 + 10.0 + 8.1 = 54.6; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 29. Bittensor (TAO): 54.4/100 — Tape-led · on-chain proof incomplete; 16.3 + 15.0 + 10.0 + 13.1 = 54.4; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 30. Render (RENDER): 54.3/100 — Tape-led · on-chain proof incomplete; 16.1 + 15.0 + 10.0 + 13.2 = 54.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 31. Virtuals Protocol (VIRTUAL): 54/100 — Tape-led · on-chain proof incomplete; 17.9 + 15.0 + 9.6 + 11.5 = 54.0; evidence 63%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 32. Arkham (ARKM): 53.9/100 — Tape-led · on-chain proof incomplete; 16.0 + 15.0 + 10.0 + 12.9 = 53.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 33. SQD (SQD): 53.9/100 — Illiquid · research only; 19.9 + 15.0 + 10.0 + 9.0 = 53.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 34. Akash Network (AKT): 53.1/100 — Illiquid · research only; 19.8 + 15.0 + 10.0 + 8.3 = 53.1; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 35. iota (SN9): 52.8/100 — Illiquid · research only; 21.9 + 15.0 + 10.0 + 5.9 = 52.8; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 36. OriginTrail (TRAC): 52.2/100 — Illiquid · research only; 19.2 + 15.0 + 10.0 + 8.0 = 52.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 37. Infinity Ground (AIN): 51.7/100 — Illiquid · research only; 22.2 + 15.0 + 10.0 + 4.5 = 51.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 38. Vana (VANA): 51.4/100 — Illiquid · research only; 24.8 + 12.9 + 6.0 + 7.7 = 51.4; evidence 43%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 39. Nillion (NIL): 50.7/100 — Illiquid · research only; 21.8 + 15.0 + 10.0 + 3.9 = 50.7; evidence 30%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 40. Acurast (ACU): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 41. AI Rig Complex (ARC): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 42. aPriori (APR): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 43. ChainOpera AI (COAI): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 44. Cortex (CX): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 45. Dolphin (POD): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 46. Freysa AI (FAI): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 47. Grass (GRASS): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 48. INFINIT (IN): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 49. MEET48 (IDOL): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 50. Swarm Network (TRUTH): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 51. The Innovation Game (TIG): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 52. TokenOS AI (TOS): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 53. Trusta AI (TA): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 54. Unibase (UB): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 55. UnifAI Network (UAI): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 56. Rei (REI): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 57. V.I.T.R.I.O.L. Network (VIT): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 58. Venice Token (VVV): 50/100 — Tape-led · on-chain proof incomplete; 17.5 + 15.0 + 10.0 + 7.5 = 50.0; evidence 0%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 59. Vanta Network (SN8): 49.2/100 — Illiquid · research only; 17.5 + 15.0 + 10.0 + 6.7 = 49.2; evidence 12%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 60. ChainGPT (CGPT): 48.8/100 — Tape-led · on-chain proof incomplete; 12.9 + 15.7 + 10.0 + 10.2 = 48.8; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 61. Golem (GLM): 48.7/100 — Illiquid · research only; 13.7 + 15.0 + 10.0 + 10.0 = 48.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 62. Fabric Protocol (ROBO): 48.4/100 — Illiquid · research only; 19.1 + 15.0 + 10.0 + 4.3 = 48.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 63. Sapien (SAPIEN): 48.2/100 — Illiquid · research only; 15.3 + 15.0 + 10.0 + 7.9 = 48.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 64. Artificial Superintelligence Alliance (FET): 46.9/100 — Tape-led · on-chain proof incomplete; 9.2 + 15.0 + 10.0 + 12.7 = 46.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 65. Kite (KITE): 46.3/100 — Tape-led · on-chain proof incomplete; 11.3 + 15.0 + 10.0 + 10.0 = 46.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 66. Ocean Protocol (OCEAN): 46.3/100 — Illiquid · research only; 17.7 + 15.0 + 10.0 + 3.6 = 46.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 67. Quack AI (Q): 46.2/100 — Illiquid · research only; 17.5 + 15.0 + 10.0 + 3.7 = 46.2; evidence 12%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 68. AIOZ Network (AIOZ): 45.9/100 — Illiquid · research only; 12.0 + 15.0 + 10.0 + 8.9 = 45.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 69. affine (SN120): 45.8/100 — Illiquid · research only; 15.6 + 15.0 + 10.0 + 5.2 = 45.8; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 70. lium (SN51): 45.5/100 — Illiquid · research only; 16.0 + 15.0 + 10.0 + 4.5 = 45.5; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 71. OKZOO (AIOT): 45.4/100 — Illiquid · research only; 16.9 + 15.0 + 10.0 + 3.5 = 45.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 72. NOVA (SN68): 44.8/100 — Illiquid · research only; 15.0 + 15.0 + 10.0 + 4.8 = 44.8; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 73. MultiversX (EGLD): 44.6/100 — Tape-led · on-chain proof incomplete; 12.4 + 13.5 + 10.0 + 8.7 = 44.6; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 74. Morpheus AI (MOR): 43.7/100 — Lagging · market gate closed; 17.5 + 6.8 + 11.9 + 7.5 = 43.7; evidence 37%; native evidence 74% Decision use: Evidence is mixed. Keep normal research priority and wait for two pillars to agree. 75. Chutes (SN64): 43.5/100 — Illiquid · research only; 13.0 + 15.0 + 10.0 + 5.5 = 43.5; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 76. Targon (SN4): 43.5/100 — Illiquid · research only; 12.6 + 15.0 + 10.0 + 5.9 = 43.5; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 77. Victoria VR (VR): 43.4/100 — Illiquid · research only; 12.6 + 15.0 + 10.0 + 5.8 = 43.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 78. dKargo (DKA): 43.2/100 — Illiquid · research only; 11.2 + 15.0 + 10.0 + 7.0 = 43.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 79. Theta Fuel (TFUEL): 42.9/100 — Illiquid · research only; 9.9 + 15.0 + 10.0 + 8.0 = 42.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 80. TAGGER (TAG): 42.8/100 — Illiquid · research only; 12.2 + 15.0 + 10.0 + 5.6 = 42.8; evidence 42%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 81. Qubic (QUBIC): 42.4/100 — Illiquid · research only; 14.0 + 14.0 + 10.0 + 4.4 = 42.4; evidence 24%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 82. Livepeer (LPT): 42.3/100 — Tape-led · on-chain proof incomplete; 6.1 + 15.0 + 10.0 + 11.2 = 42.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 83. Hippius (SN75): 42.2/100 — Illiquid · research only; 14.0 + 15.0 + 10.0 + 3.2 = 42.2; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 84. Concordium (CCD): 42/100 — Illiquid · research only; 11.3 + 17.5 + 10.0 + 3.2 = 42.0; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 85. Auki (AUKI): 41.9/100 — Illiquid · research only; 14.4 + 15.0 + 10.0 + 2.5 = 41.9; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 86. Theta Network (THETA): 41.5/100 — Tape-led · on-chain proof incomplete; 7.6 + 13.8 + 10.0 + 10.1 = 41.5; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 87. Rujira (RUJI): 40.6/100 — Illiquid · research only; 13.6 + 15.0 + 10.0 + 2.0 = 40.6; evidence 23%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 88. IQ (IQ): 40.5/100 — Illiquid · research only; 8.3 + 15.0 + 10.0 + 7.2 = 40.5; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 89. Chromia (CHR): 39.7/100 — Illiquid · research only; 7.4 + 15.0 + 10.0 + 7.3 = 39.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 90. iExec RLC (RLC): 39.4/100 — Illiquid · research only; 6.9 + 15.0 + 10.0 + 7.5 = 39.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 91. Score (SN44): 39.4/100 — Illiquid · research only; 10.4 + 15.0 + 10.0 + 4.0 = 39.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 92. τemplar (SN3): 39.3/100 — Illiquid · research only; 9.8 + 15.0 + 10.0 + 4.5 = 39.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 93. FLOCK (FLOCK): 39/100 — Illiquid · research only; 5.2 + 15.0 + 12.7 + 6.1 = 39.0; evidence 63%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 94. OpenGradient (OPG): 38.9/100 — Tape-led · on-chain proof incomplete; 4.5 + 15.0 + 10.0 + 9.4 = 38.9; evidence 43%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 95. CARV (CARV): 38.8/100 — Tape-led · on-chain proof incomplete; 6.1 + 15.0 + 10.0 + 7.7 = 38.8; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 96. Flux (FLUX): 37.7/100 — Illiquid · research only; 4.9 + 15.0 + 10.0 + 7.8 = 37.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 97. Arcblock (ABT): 37.4/100 — Illiquid · research only; 8.0 + 15.0 + 10.0 + 4.4 = 37.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 98. Zentry (ZENT): 36.1/100 — Illiquid · research only; 3.4 + 15.0 + 10.0 + 7.7 = 36.1; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 99. Sahara AI (SAHARA): 36/100 — Tape-led · on-chain proof incomplete; 0.8 + 15.0 + 10.0 + 10.2 = 36.0; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 100. SingularityNET (AGIX): 36/100 — Illiquid · research only; 8.3 + 15.0 + 10.0 + 2.7 = 36.0; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 101. 0G (0G): 35.4/100 — Tape-led · on-chain proof incomplete; 1.5 + 15.0 + 10.0 + 8.9 = 35.4; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 102. Singularry (SINGULARRY): 34.9/100 — Illiquid · research only; 8.5 + 15.0 + 10.0 + 1.4 = 34.9; evidence 43%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 103. tokenbot (CLANKER): 34.7/100 — Illiquid · research only; 3.1 + 15.0 + 10.0 + 6.6 = 34.7; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 104. io.net (IO): 34.6/100 — Illiquid · research only; 2.8 + 15.0 + 10.0 + 6.8 = 34.6; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 105. Alchemist AI (ALCH): 34.3/100 — Tape-led · on-chain proof incomplete; 2.1 + 15.0 + 10.0 + 7.2 = 34.3; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 106. Gradients (SN56): 34/100 — Illiquid · research only; 4.4 + 15.0 + 10.0 + 4.6 = 34.0; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 107. Secret (SCRT): 33.7/100 — Tape-led · on-chain proof incomplete; 2.4 + 13.1 + 10.0 + 8.2 = 33.7; evidence 55%; native evidence 10% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 108. World Mobile Token (WMTX): 32.2/100 — Illiquid · research only; 0.8 + 15.0 + 10.0 + 6.4 = 32.2; evidence 50%; native evidence 0% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 109. IoTeX (IOTX): 26.2/100 — Illiquid · research only; 2.5 + 9.4 + 8.4 + 5.9 = 26.2; evidence 73%; native evidence 46% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 110. Data Network (DATA): 23.5/100 — Illiquid · research only; 3.7 + 12.5 + 6.8 + 0.5 = 23.5; evidence 63%; native evidence 26% Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. ## Which projects are generating the most network fees? What the numbers say: 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. - Aethir (ATH): $97.9M - EigenCloud (prev. EigenLayer) (EIGEN): $49.2M - BankrCoin (BNKR): $30.0M - Virtuals Protocol (VIRTUAL): $19.9M - NEAR Protocol (NEAR): $1.9M ## Which projects convert activity into protocol revenue? What the numbers say: 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. - Virtuals Protocol (VIRTUAL): $19.9M - Aethir (ATH): $19.6M - BankrCoin (BNKR): $12.0M - NEAR Protocol (NEAR): $1.9M - FLOCK (FLOCK): $1.0M ## Where is capital actually committed on-chain? What the numbers say: 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. - EigenCloud (prev. EigenLayer) (EIGEN): $4.4B - NEAR Protocol (NEAR): $108.8M - Bittensor (TAO): $41.7M - Morpheus AI (MOR): $11.9M - Internet Computer (ICP): $10.9M ## Every asset - NEAR Protocol (NEAR) — 90d +29%; RS-BTC +46%; score 62.2; activity protocol + chain TVL - The Graph (GRT) — 90d -96%; RS-BTC -78%; score 30.8; activity protocol - KAITO (KAITO) — 90d +137%; RS-BTC +154%; score 70.8; activity protocol - Allora (ALLO) — 90d +342%; RS-BTC +360%; score 69.5; activity tape only - Law Blocks AI (LBT) — 90d +47%; RS-BTC +64%; score 67.1; activity tape only - SentismAI (SENTIS) — 90d +207%; RS-BTC +224%; score 65.6; activity tape only - Gensyn (AI) — 90d +366%; RS-BTC +384%; score 64.1; activity tape only - Velvet (VELVET) — 90d +349%; RS-BTC +366%; score 63.9; activity tape only - Codatta (XNY) — 90d +14%; RS-BTC +31%; score 63.2; activity tape only - AWE Network (AWE) — 90d +4.4%; RS-BTC +22%; score 61.7; activity tape only - Nosana (NOS) — 90d +7.0%; RS-BTC +24%; score 60.6; activity tape only - Bluwhale (BLUAI) — 90d +9.2%; RS-BTC +27%; score 60.3; activity tape only - Mira (MIRA) — 90d +20%; RS-BTC +38%; score 60.2; activity tape only - Pieverse (PIEVERSE) — 90d -13%; RS-BTC +4.9%; score 60.2; activity tape only - Chainlink (LINK) — 90d -11%; RS-BTC +6.6%; score 60; activity tape only - Arweave (AR) — 90d -5.7%; RS-BTC +12%; score 57.1; activity tape only - EigenCloud (prev. EigenLayer) (EIGEN) — 90d +16%; RS-BTC +34%; score 56.8; activity protocol - OpenServ (SERV) — 90d +88%; RS-BTC +105%; score 56.8; activity tape only - ZIGChain (ZIG) — 90d +42%; RS-BTC +59%; score 55.9; activity chain TVL - Aethir (ATH) — 90d —; RS-BTC —; score 55.8; activity protocol - BankrCoin (BNKR) — 90d —; RS-BTC —; score 55.7; activity protocol - Internet Computer (ICP) — 90d -12%; RS-BTC +5.3%; score 55.3; activity chain TVL - OlaXBT (AIO) — 90d +16%; RS-BTC +33%; score 55.2; activity tape only - Holoworld (HOLO) — 90d —; RS-BTC —; score 55.2; activity tape only - Sentient (SENT) — 90d +15%; RS-BTC +33%; score 54.8; activity tape only - Pearl (PRL) — 90d +0.2%; RS-BTC +18%; score 54.6; activity tape only - Perle (PRL) — 90d +0.2%; RS-BTC +18%; score 54.6; activity tape only - Talus (US) — 90d —; RS-BTC —; score 54.6; activity tape only - Bittensor (TAO) — 90d —; RS-BTC —; score 54.4; activity chain TVL - Render (RENDER) — 90d -19%; RS-BTC -1.9%; score 54.3; activity tape only - Virtuals Protocol (VIRTUAL) — 90d -16%; RS-BTC +1.4%; score 54; activity protocol - Arkham (ARKM) — 90d -12%; RS-BTC +5.9%; score 53.9; activity tape only - SQD (SQD) — 90d +2.7%; RS-BTC +20%; score 53.9; activity tape only - Akash Network (AKT) — 90d +2.6%; RS-BTC +20%; score 53.1; activity tape only - iota (SN9) — 90d +12%; RS-BTC +29%; score 52.8; activity tape only - OriginTrail (TRAC) — 90d -4.5%; RS-BTC +13%; score 52.2; activity tape only - Infinity Ground (AIN) — 90d -0.2%; RS-BTC +17%; score 51.7; activity tape only - Vana (VANA) — 90d —; RS-BTC —; score 51.4; activity protocol + chain TVL - Nillion (NIL) — 90d —; RS-BTC —; score 50.7; activity tape only - Acurast (ACU) — 90d —; RS-BTC —; score 50; activity tape only - AI Rig Complex (ARC) — 90d —; RS-BTC —; score 50; activity tape only - aPriori (APR) — 90d —; RS-BTC —; score 50; activity protocol - ChainOpera AI (COAI) — 90d —; RS-BTC —; score 50; activity tape only - Cortex (CX) — 90d —; RS-BTC —; score 50; activity tape only - Dolphin (POD) — 90d —; RS-BTC —; score 50; activity tape only - Freysa AI (FAI) — 90d —; RS-BTC —; score 50; activity tape only - Grass (GRASS) — 90d —; RS-BTC —; score 50; activity tape only - INFINIT (IN) — 90d —; RS-BTC —; score 50; activity protocol - MEET48 (IDOL) — 90d —; RS-BTC —; score 50; activity tape only - Swarm Network (TRUTH) — 90d —; RS-BTC —; score 50; activity tape only - The Innovation Game (TIG) — 90d —; RS-BTC —; score 50; activity tape only - TokenOS AI (TOS) — 90d —; RS-BTC —; score 50; activity tape only - Trusta AI (TA) — 90d —; RS-BTC —; score 50; activity tape only - Unibase (UB) — 90d —; RS-BTC —; score 50; activity tape only - UnifAI Network (UAI) — 90d —; RS-BTC —; score 50; activity tape only - Rei (REI) — 90d —; RS-BTC —; score 50; activity tape only - V.I.T.R.I.O.L. Network (VIT) — 90d —; RS-BTC —; score 50; activity tape only - Venice Token (VVV) — 90d —; RS-BTC —; score 50; activity protocol - Vanta Network (SN8) — 90d —; RS-BTC —; score 49.2; activity tape only - ChainGPT (CGPT) — 90d -27%; RS-BTC -9.8%; score 48.8; activity protocol - Golem (GLM) — 90d -26%; RS-BTC -8.5%; score 48.7; activity tape only - Fabric Protocol (ROBO) — 90d +38%; RS-BTC +56%; score 48.4; activity tape only - Sapien (SAPIEN) — 90d -18%; RS-BTC -0.4%; score 48.2; activity tape only - Artificial Superintelligence Alliance (FET) — 90d -27%; RS-BTC -9.9%; score 46.9; activity tape only - Kite (KITE) — 90d -25%; RS-BTC -7.3%; score 46.3; activity tape only - Ocean Protocol (OCEAN) — 90d -19%; RS-BTC -1.4%; score 46.3; activity tape only - Quack AI (Q) — 90d —; RS-BTC —; score 46.2; activity tape only - AIOZ Network (AIOZ) — 90d -22%; RS-BTC -4.5%; score 45.9; activity tape only - affine (SN120) — 90d —; RS-BTC —; score 45.8; activity tape only - lium (SN51) — 90d -18%; RS-BTC -0.3%; score 45.5; activity tape only - OKZOO (AIOT) — 90d -15%; RS-BTC +2.9%; score 45.4; activity tape only - NOVA (SN68) — 90d —; RS-BTC —; score 44.8; activity tape only - MultiversX (EGLD) — 90d -33%; RS-BTC -16%; score 44.6; activity chain TVL - Morpheus AI (MOR) — 90d —; RS-BTC —; score 43.7; activity protocol - Chutes (SN64) — 90d -22%; RS-BTC -4.6%; score 43.5; activity tape only - Targon (SN4) — 90d -27%; RS-BTC -9.7%; score 43.5; activity tape only - Victoria VR (VR) — 90d -16%; RS-BTC +1.6%; score 43.4; activity tape only - dKargo (DKA) — 90d -33%; RS-BTC -16%; score 43.2; activity tape only - Theta Fuel (TFUEL) — 90d -35%; RS-BTC -18%; score 42.9; activity tape only - TAGGER (TAG) — 90d -37%; RS-BTC -19%; score 42.8; activity tape only - Qubic (QUBIC) — 90d —; RS-BTC —; score 42.4; activity chain TVL - Livepeer (LPT) — 90d -36%; RS-BTC -18%; score 42.3; activity tape only - Hippius (SN75) — 90d —; RS-BTC —; score 42.2; activity tape only - Concordium (CCD) — 90d -26%; RS-BTC -8.2%; score 42; activity chain TVL - Auki (AUKI) — 90d -16%; RS-BTC +1.1%; score 41.9; activity tape only - Theta Network (THETA) — 90d -39%; RS-BTC -22%; score 41.5; activity chain TVL - Rujira (RUJI) — 90d —; RS-BTC —; score 40.6; activity tape only - IQ (IQ) — 90d -34%; RS-BTC -17%; score 40.5; activity protocol - Chromia (CHR) — 90d -40%; RS-BTC -23%; score 39.7; activity chain TVL - iExec RLC (RLC) — 90d -40%; RS-BTC -22%; score 39.4; activity tape only - Score (SN44) — 90d -26%; RS-BTC -8.5%; score 39.4; activity tape only - τemplar (SN3) — 90d -28%; RS-BTC -10%; score 39.3; activity tape only - FLOCK (FLOCK) — 90d -55%; RS-BTC -38%; score 39; activity protocol - OpenGradient (OPG) — 90d -63%; RS-BTC -45%; score 38.9; activity tape only - CARV (CARV) — 90d -51%; RS-BTC -34%; score 38.8; activity tape only - Flux (FLUX) — 90d -42%; RS-BTC -25%; score 37.7; activity tape only - Arcblock (ABT) — 90d -39%; RS-BTC -22%; score 37.4; activity tape only - Zentry (ZENT) — 90d -43%; RS-BTC -26%; score 36.1; activity tape only - Sahara AI (SAHARA) — 90d -62%; RS-BTC -45%; score 36; activity tape only - SingularityNET (AGIX) — 90d -29%; RS-BTC -12%; score 36; activity protocol - 0G (0G) — 90d -70%; RS-BTC -52%; score 35.4; activity chain TVL - Singularry (SINGULARRY) — 90d -53%; RS-BTC -36%; score 34.9; activity tape only - tokenbot (CLANKER) — 90d -49%; RS-BTC -31%; score 34.7; activity tape only - io.net (IO) — 90d -59%; RS-BTC -41%; score 34.6; activity tape only - Alchemist AI (ALCH) — 90d -64%; RS-BTC -47%; score 34.3; activity tape only - Gradients (SN56) — 90d -39%; RS-BTC -21%; score 34; activity tape only - Secret (SCRT) — 90d -65%; RS-BTC -48%; score 33.7; activity chain TVL - World Mobile Token (WMTX) — 90d -59%; RS-BTC -41%; score 32.2; activity protocol - IoTeX (IOTX) — 90d -52%; RS-BTC -35%; score 26.2; activity protocol + chain TVL - Data Network (DATA) — 90d -77%; RS-BTC -60%; score 23.5; activity protocol + chain TVL ## Limitations - 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. ## FAQs ### 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 +26.2% versus Bitcoin over 52 weeks and +15.1% over 13 weeks on an equal-weight current-member index. 19/79 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 62.2/100: 29.8 + 13.4 + 6.5 + 12.5 = 62.2. 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. ### Which are the biggest AI crypto coins by market cap? Chainlink is the largest AI crypto coin by market capitalisation at $5.9B, ahead of NEAR Protocol at $2.6B and Bittensor at $2B. The 110 AI coins on this page carry $20.1B between them, with a market-cap figure on file for 110 of them. Market-cap metadata is dated 2026-07-04.