Affected by the positive progress of the Ethereum spot ETF, the market as a whole turned from falling to rising, and the AI ​​sector once again led the way, showing strong resilience.

AI sector leads gains, new narrative bursts with vitality

Affected by the positive progress of the Ethereum spot ETF this week, the market as a whole turned from falling to rising, and the AI ​​sector, which has been showing extremely high resilience some time ago, led the market, with gains second only to Layer2.

In fact, it is not difficult to find that the popularity of the AI+Crypto project has grown rapidly due to the significant progress in artificial intelligence technology and widespread social interest. As the most watched topic in various fields in 2024, AI is expected to produce a series of chain effect.

As early as February this year, when OpenAI released the text-to-video model Sora, the AI ​​concept sector had already experienced a significant rise. The recent positive developments and actions of major technology companies in the AI ​​field are also likely to stimulate the crypto industry. Further gains for AI concept altcoins.

In terms of the market, AGIX, FET, and OCEAN synthetic tokens ASI will be released in late May. There are also rumors that ChatGPT-5 will be released in June. At the same time, the Apple Global Developers Conference is also scheduled to be held on June 10. Expectations have further increased the market popularity of the AI ​​sector.