On-chain analysis research institution Pine Analytics published on platform X, stating that there are up to 65 tokens created or directly associated with projects participating in the Solana ecosystem AI hackathon initiated by SendAI, with a total market capitalization of $482 million, an average market capitalization of $7.5 million, and a median market capitalization of $1.7 million; there are 13 tokens with a market capitalization exceeding $10 million, and 42 tokens with a market capitalization exceeding $1 million. It is worth mentioning that in early November 2024, there were only 9 token projects with a total market capitalization of $12 million, and today, two months later, this data has significantly increased. The top five tokens by market capitalization are:
- SEND ($88 million)
- @joinfxn ($72 million)
- @bongocatAI ($44 million)
- @neur_sh ($39 million)
- @KiraKuruAI ($19 million)
In addition, tool and infrastructure projects are less likely to issue tokens, while agents and applications are more likely to launch tokens.

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