In the dynamic world of cryptocurrency, the ebb and flow of investment and interest are shaped by various emerging technologies and concepts. According to the latest insights from the analytics firm Santiment, Artificial Intelligence (AI) and Real-World Assets (RWA) are stepping into the limelight as potential catalysts for growth within the crypto market.
Interest in AI and RWA tokens has surged, drawing the crypto community’s attention and sparking robust dialogues across digital spaces. “Social Volume,” a key metric tracking the prevalence of conversation on social platforms, has reported significant activity. Rather than just tallying mentions, which could be misleadingly inflated by repetitive posts, this metric smartly captures the diversity of discourse by counting unique posts that include references to these emerging topics.
Conversations that sprawl across multiple posts signal widespread engagement, hinting at a broader interest that transcends niche pockets of enthusiasts. A flourish of posts implies a galvanized community, tuned in and potentially ready to act on the new opportunities these sectors may present.
Recent trends depicted in Santiment’s data reveal a notable spike in the social volume of both AI and RWA, underscoring the growing fascination with these domains. Santiment posits that their ascendancy signals a prospective shift in the market’s drivers, akin to previous movements that saw DeFi, NFTs, memecoins, and staking rise to prominence.
The analytics firm has identified a slate of cryptocurrencies aligned with AI and RWA ready for the spotlight. Among the AI-related cryptos are The Graph (GRT), Fetch.ai (FET), SingularityNET (AGIX), Ocean Protocol (OCEAN), and Bittensor (TAO). In the realm of RWAs, noted assets include Avalanche (AVAX), Chainlink (LINK), Internet Computer (ICP), and Maker (MKR).
Particularly worth watching, Avalanche (AVAX) has recently experienced an upswing, ballooning nearly 30% in value and surpassing the $35 mark. The trajectory of AVAX is well illustrated in the momentum it has gained over recent days, reinforcing the notion that eyes should remain peeled on these assets as the landscape continues to evolve.