In the rapidly evolving landscape of cryptocurrencies, certain sectors are emerging as particularly noteworthy due to their innovative use of technology. Artificial Intelligence (AI) and Big Data are two such sectors that have begun to exert a significant influence on the crypto market.
Santiment, a renowned market intelligence platform, has recently highlighted the top 10 cryptocurrencies that are making substantial strides in these areas. This focus on AI and Big Data related coins is not just about their current development activities but also about their potential to reshape the industry.
According to Santiment’s latest analysis, these cryptocurrencies are distinguished by their impressive development activity rates over the past 30 days. This metric is crucial as it indicates the ongoing efforts of the development teams behind each project, reflecting both the project’s commitment to innovation and the broader community’s interest in its progress.
This surge in development activity is a promising sign that these projects are not only active but are also continuously evolving to meet the demands of the market.
Here are #crypto's top #AI and #BigData related coins, sorted by notable daily development activity rates over the past 30 days: 1) @OasisProtocol $ROSE 2) @NEARProtocol $NEAR 3) @graphprotocol $GRT 4) @bittensorcom $TAO5) @golemproject $GLM 6)… pic.twitter.com/OGcFSw7bgs
— Santiment (@santimentfeed) May 20, 2024
Top AI and Big Data Cryptocurrencies to Watch
Leading the pack in this dynamic segment is Oasis Protocol (ROSE), which stands out with its focus on creating a privacy-enabled blockchain platform that supports decentralized applications and open finance.
Oasis Protocol is followed by NEAR Protocol (NEAR), a developer-friendly blockchain designed to provide the performance and user experience necessary to bridge the gap between traditional applications and decentralized applications.
Graph Protocol (GRT) ranks third, with its protocol designed for indexing and querying data from blockchains, starting with Ethereum. This is followed by Bittensor (TAO), an emerging project that aims to create a decentralized network where participants share and monetize AI models. Golem (GLM) comes next, with its marketplace for computing power, which can be rented in a decentralized manner.
Ocean Protocol (OCEAN) is another significant player, focusing on unlocking data, allowing people to share and monetize data while guaranteeing control, auditability, transparency, and compliance to all actors involved.
Oraichain (ORAI) follows, with its AI-powered oracle and ecosystem for blockchains and applications. iExec (RLC) is a decentralized marketplace for cloud resources, including computing power for AI applications.
SingularityNET (AGIX) and Streamr (DATA) round out the list. SingularityNET aims to become a decentralized global market for AI services, while Streamr provides a single interface for real-time data delivery and payment, making data streams tradeable using the DATAcoin token.
These projects are not only contributing to the expansion of the crypto ecosystem but are also pioneering solutions that could lead to broader adoption of blockchain technology in various industries. By focusing on AI and Big Data, these platforms are at the forefront of the next wave of innovation in the crypto space, indicating a trend that investors and enthusiasts should watch closely.