Key notes
- The expansion of federal cloud infrastructure positions AWS as a dominant provider of government AI processing and research applications.
- Cryptocurrency markets are responding positively as AI tokens gain mass value amid growing signs of institutional adoption.
- NEAR Protocol leads sector performance while selective profit taking weighs on tokens like Bittensor despite bullish trends.
AI-related cryptocurrencies surged on November 24, as Amazon confirmed a historic plan to invest up to $50 billion in new AI and supercomputing infrastructure for US federal agencies. The initiative will deploy approximately 1.3 gigawatts of high-performance compute capacity across the AWS Top Secret, AWS Secret, and AWS GovCloud regions, and construction will begin in 2026.
According to the press releasethe investment will expand US agencies’ access to AWS’s full AI stack, including SageMaker, Bedrock, Nova, Anthropic Claude, open weights foundation models, and AWS Trainium chips.
Federal agencies will now be able to process decades of national security data in real time. Amazon said the expansion will also support autonomous systems, satellite imagery and scientific research under the Trump administration’s AI action plan.
Matt Jarman, CEO of AWS, expressed his expectation that the investment will transform how federal agencies leverage supercomputing to enable critical workloads without computational constraints.
This announcement already serves more than 11,000 agencies, and strengthens Amazon’s position As a leading cloud services provider To the US government.
AI crypto tokens surged to $20.7 billion as traders priced in the AI infrastructure boom
Amazon’s supercomputing announcement arrived just 24 hours after Elon Musk revealed a breakthrough in Tesla’s in-house AI chip manufacturing efforts, putting AI-adjacent markets on a bullish opening on November 24.
Tailwinds have also lifted crypto AI tokens, with… Quinjiku data Sector capitalization shows a rise of 5.2% to $20.7 billion on November 24.
Crypto AI tokens surged to $20.7 billion on November 24 | Source: Koenjiku
Cumulative intraday volume reached $3.3 billion, reflecting deeper liquidity as traders shift to AI-adjacent assets. Close to the protocol
close
$1.94
24-hour fluctuations:
4.6%
Market value:
$2.48 billion
Vol. 24 hours:
$365.32 million
The company led the gains with a 5.7% increase, supported by higher developer activity and strong L2 interoperability flows. Internet computer
ICP
$4.21
24-hour fluctuations:
2.7%
Market value:
$2.27 billion
Vol. 24 hours:
$198.14 million
And submit [NC] This was followed, with both posting gains of 4% as investors priced in rising demand for decentralized computing.
However, traders remained selective. Pettensor
Tao
$294.8
24-hour fluctuations:
2.2%
Market value:
$2.83 billion
Vol. 24 hours:
$222.35 million
the largest token in the sector by market cap, fell 2.7% amid profit-taking and recent selling pressure from miners. Story protocol
intellectual property
$2.49
24-hour fluctuations:
1.8%
Market value:
$822.89 million
Vol. 24 hours:
$63.78 million
And super artificial intelligence
foot
$0.28
24-hour fluctuations:
0.5%
Market value:
$731.68 million
Vol. 24 hours:
$122.41 million
It also remained flat, while seven of the top 10 AI tokens traded at profits.
The portfolio’s best pre-sale exceeds $17.4 million as Amazon fuels bullish sentiment
As Amazon’s $50 billion investment boosts market sentiment, strategic traders are shifting their focus to early-stage AI-driven projects like Best Wallet.
Best pre-sale wallet
The best wallet offers secure storage, staking rewards, and integrated multi-chain access, and combines self-custody with passive income opportunities.
The pre-sale for the best wallet has now raised $17.4 million. Early participants have less than 24 hours to secure BEST tokens at $0.026 via The official website of the best wallet Before the next price layer opens.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background in supporting several startups and financial institutions in the Web3 space. He has his undergraduate degree in Economics and is currently studying for a Masters in Blockchain and Distributed Ledger Technologies at the University of Malta.
