ICP and DePIN Hold Strong as Liquidations Hit the AI Sector

ICP and DePIN Hold Strong as Liquidations Hit the AI Sector

Table of Contents

  • The AI ​​sector’s market capitalization fell by $0.5 billion amid broader cryptocurrency liquidation.

  • The ICP resisted the downturn with a 28.8% gain after the release of the Mission 70 white paper.

  • Agent startups and AI sub-sectors have shown relative strength despite market volatility.

Volatility It returned to the cryptocurrency sector this week, as macroeconomic headwinds hit risk assets.

Bitcoin (BTC) It fell back below $93K with a sharp wick as gold, silver and other precious metals rose.

the CMC Cryptocurrency Fear and Greed Index remains in the neutral zone, while Bitcoin dominance It turned back up a little as Alternative currency Sectors that suffered this week.

Artificial Intelligence sector It was unable to maintain its recent momentum past early Monday filtering This event caused most cryptocurrency markets to decline.

The AI ​​sector saw a loss of $0.5 billion in value Market valueequivalent to a decline of 2.1% on a weekly basis (WoW).

source: Top of the AI ​​codes page

In line with this, the vast majority of AI tokens have returned a significant portion of their latest Gains They are now in red on the weekly time frame.

All but one of the top 10 AI tokens have fallen this week Internet computer (ICP) It stands tall as the lone exception – bucking the trend with a 28.8% WOW gain.

submit (submit) and Virtual (default) protocol They were hit hard, suffering declines of 15.1% and 15.6% respectively.

Meanwhile, some low-volume tokens saw significant declines.

However, some small businesses were able to resist the downturn. These include:

  • Network of the Mind (FHE): +387.3% (BytePlus cloud integration for crypto AI and new PIPPIN supply lock incentives)

  • about (panel): +67.3% (Chatbot integration with Carbon browser)

  • Oasis (Rose): +48.6% (ROFL Master Network Certification for Confidential AI Programs and RWA Institutional Credit)

  • UnifAI Network (UAI): +37% (Listing KuCoin and participating in the Polymarket Builders Program)

The tokens performed much better than average this week, featuring a higher than expected concentration of proxy projects.

This superior performance is also evident in The sub-sector of artificial intelligence agentswith half of the 10 largest companies in the green, despite the broader market’s decline.

Overall, the AI ​​sector is one of the worst performing altcoin categories this week. It ranked 22nd out of 24 sectors tracked by Artemis. By comparison, the gaming sector ranked first, recording a 14.4% improvement in fully diluted market capitalization.

Source: Artemis

The Internet computer reveals the “Mission 70” worksheet: The DFINITY Foundation has introduced a token overhaul that aims to reduce ICP inflation by 70% by the end of 2026. The plan focuses on significant supply reductions and accelerating cycle burn via decentralized AI applications. (source)

Riot Platforms secures $311 million AMD data center deal: Bitcoin mining company Riot Platforms has signed a landmark agreement to lease data center capacity to AMD at its Texas facility. Funded by the sale of Bitcoin, the move moves the company toward high-performance computing and AI infrastructure.

https://twitter.com/RiotPlatforms/status/2012166339511656917

Golem Network partners with Salad to meet Web2 demand: Golem Network has announced a strategic partnership with Salad to integrate Web2 workloads into its decentralized infrastructure. This engineering experiment allows Golem to leverage Salad’s commercial GPU demand, testing the feasibility of permissionless, cryptographic-based compromise for mainstream compute tasks.

https://twitter.com/golemproject/status/2011090366490149273

OpenLedger and Theoriq bring verifiable AI to DeFi: OpenLedger and Theoriq have announced a strategic alliance to enable verifiable cross-chain execution for autonomous AI agents. The partnership aims to transform experimental AI “black boxes” into responsible financial actors with auditable logic for DeFi users.

https://twitter.com/OpenledgerHQ/status/2012155874220093583

>> That’s a wrap! Join us next week to learn more about the latest AI developments!