Reuters: AI cryptocurrency market value surges to $22.8 billion, with some tokens rising more than Bitcoin in the past year
ChainCatcher news, according to a report by Reuters, over the past year, many AI cryptocurrencies have outperformed Bitcoin. According to the latest data from CoinGecko, the total market capitalization of this sector has surged from $2.7 billion in April last year to $22.8 billion, with related tokens rising 145% to 297% in the past 30 days.Market observers indicate that crypto and blockchain technology can help address some early issues in the AI industry, such as privacy and the demand for computing power. Markus Levin, co-founder of blockchain data storage company XYO Network, stated, "As AI systems and blockchain networks continue to evolve, we will see more and more use cases that integrate the two industries."Additionally, the CoinDesk Index Computing Index, which includes AI-related tokens, has grown by over 165% in the past 12 months, even surpassing Bitcoin's 151% increase.Data from Kaiko Research shows that the trading volume of AI cryptocurrencies has also surged this year, reaching a historic high of $3.8 billion at the end of February.