The crypto market faces tough times right now. Yet one area stands out with strong growth. AI-linked coins are rising fast in value.
Just like stock buyers push up AI company shares, crypto fans are driving up prices of AI tokens. NEAR Protocol leads this wave. It jumped 115 percent in May alone. Its market value now sits at 2.7 billion dollars, the top among AI cryptos.
NEAR started in 2020 as a rival to Ethereum. It aimed to be a fast Layer 1 chain when people wanted fresh blockchain options. But its price stayed flat for years. It peaked near 20 dollars and now trades around 2 dollars, down 90 percent from highs.
This big change comes from a clear plan. NEAR wants its chain to power the AI agent economy. These smart agents could handle tasks on their own. NEAR adds privacy tools so firms can use them safely in daily work.
Reports from big firms like Grayscale note this focus. The goal is to make NEAR key infrastructure for agent-based AI systems.
The AI focus helped NEAR gain 35 percent so far this year. It now ranks as the 30th biggest crypto by size. Some talks even point to possible spot ETFs for NEAR. That could open it to more regular investors.
Short-term traders watch if the price keeps climbing. The May surge turned heads and showed fresh interest.
Over time, other projects may offer stronger AI agent plays. NEAR’s shift feels like a needed move after slow years. Success is not guaranteed. The space stays very risky and changes fast.
Many better options exist for those who want steady AI growth exposure. NEAR could still surprise, but it needs real use cases to last.
AI cryptos show how trends can lift old chains. NEAR’s story mixes old Layer 1 roots with new AI hopes. Watch its tech updates and adoption numbers closely.
If you seek mainstream crypto plays tied to AI, NEAR sits near the front. Yet always study the full picture before any moves.
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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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