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FET price extends gains as AI token rally and ASI roadmap lift demand

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FET price rebounds toward key resistance as AI token rotation, exchange outflows, and progress on the Artificial Superintelligence Alliance roadmap drive renewed demand for the ASI-linked token.

Summary

  • Artificial Superintelligence Alliance’s FET price trades around $0.23–$0.25 after rising roughly 3–5% in the last 24 hours, reversing part of its recent weekly drawdown.
  • The token’s market cap sits between about $520 million and $650 million, with 24-hour trading volumes ranging from $150 million to over $260 million, underscoring active speculative and directional interest in AI-linked assets.
  • An evolving roadmap toward the ASI merger, new AI agent tools, and a dedicated ASI:Chain blockchain continues to frame FET as a core bet on decentralized artificial intelligence infrastructure.

Artificial Superintelligence Alliance’s FET (FET) price is trading near $0.23–$0.25 on March 25, 2026, with live dashboards placing it around $0.2499 at the latest update and showing a 24-hour range between roughly $0.2251 and $0.2538. Over the past day, FET’s price has risen by approximately 3.8% on one major tracker, while another source records a 15.5% daily surge to about $0.238 in a recent session, highlighting a sharp short-term reversal from a 7-day drawdown of around 6–7%.

FET price extends gains as AI token rally and ASI roadmap lift demand - how high can it go? - 1
FET price 3-month chart, source: TradingView

FET price rebounds as AI rotation returns

That move has come alongside 24-hour trading volumes between roughly $150 million and $262 million, with circulating supply estimates between about 2.26 billion and 2.6 billion FET, implying a market capitalization in the $520–$650 million range at current prices.

FET functions as the native token of the Artificial Superintelligence Alliance, a decentralized AI ecosystem formed around Fetch.ai that aims to support autonomous agents, AI services and a dedicated AI-focused blockchain. In this role, FET is used for transaction fees, staking, and coordination of AI workloads, placing it firmly in the AI token category rather than pure DeFi, L1, or RWA. The alliance’s roadmap and token economics have been reshaped by a merger plan to combine FET with SingularityNET’s AGIX and Ocean Protocol’s OCEAN into a single ASI token, with a total supply targeted at 2,630,547,141 units following upgrades.

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Market structure data points to significant positioning changes around FET’s latest bounce. A recent update notes that FET’s 15.5% daily surge to about $0.238 coincided with a net outflow of 1.5 million tokens from centralized exchanges, pushing exchange reserves to a new low for the cycle and signaling reduced immediate sell-side liquidity. At the same time, that report highlights that spot whale activity between roughly $0.20 and $0.22 remained predominantly on the sell side, creating a band of resistance where larger holders have been taking profit into strength. This combination of outflows and whale selling suggests the rally is being driven by broader AI inflows and on-chain scarcity, but still faces overhead supply that could cap upside if demand fades.

FET’s price action is also unfolding against a wider backdrop of renewed interest in AI-linked tokens such as Bittensor’s TAO and Render, with sector dashboards flagging parallel gains across AI infrastructure and compute assets. The alliance’s own development cadence reinforces that narrative: recent milestones include the ASI:Create closed alpha, a platform for building and deploying AI agents, and the ASI:Chain DevNet beta, a blockDAG-based layer-1 tailored to high-concurrency AI workloads. Looking further ahead, the roadmap calls for an ASI:Chain TestNet in 2026 and a mainnet launch by late 2026 or early 2027, alongside an open beta for ASI:Create, which collectively aim to convert the AI token narrative into concrete developer and user traction.

The merger mechanics underpinning this push are also critical: documentation and external analyses confirm that FET will be rebranded to ASI, with AGIX and OCEAN migrating into the new asset via fixed conversion ratios, bringing the unified supply to 2.63 billion tokens and tying three previously separate AI ecosystems into one economic base. As that process advances, FET sits at the center of a structural consolidation in the AI token space, leaving its price increasingly sensitive to both sector-wide risk appetite and the execution of the ASI roadmap.

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Crypto World

Ansem Says Ethereum Is in a Worse Spot Than 2023 as Thesis Weakens

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Ethereum Price Prediction

Crypto analyst Ansem argues that Ethereum (ETH) is in a “worse spot” in 2026 than it was in 2023, pointing to a thesis he says has been eroding for years.

His bearish take drew rebuttals from some members of the community. Meanwhile, on-chain activity and technical indicators elsewhere on the network flash bullish signals.

Ansem Lists Cracks in the ETH Thesis

Ansem argues that Solana (SOL) has dominated retail activity this cycle. Hyperliquid has taken the lead in perpetual futures trading, while rollups have failed to gain traction.

He also noted that Vitalik Buterin “publicly abandoned” the general-use rollup thesis. The ongoing Aave (AAVE) situation around the KelpDAO rsETH exploit, Ansem said, is a mark on  Ethereum’s core value proposition of “safety + security of defi & insto interest.

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“ETH thesis has been weakening consistently for years,” the analyst wrote. ETH in 2026 is in a worse spot than it was in 2023, amplified by AI doing extremely well & tech stocks being much more favorable investments with real revenues / emerging narratives / increasing momentum, ETH is a $300B asset with a ton of overhang from Tom Lee topblasting + complacent ETH holders sitting idle in defi protocols.”

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Technically, the analyst noted that ETH remains in a sustained downtrend after failing to break multi-year resistance. He projected that the second-largest cryptocurrency could slip to 2025 lows near $1,300 and to the bear-market lows from 2022.

“Tight invalidation 2377 assuming problems worsen if you want to play it loose assuming other risk assets continues doing well & drags it up probably somewhere around 2700/2800 invalidation fundamentals wise would want to see breakout activity from some new vertical,” the post read.

Ethereum Price Prediction
Ethereum Price Prediction. Source: X/Ansem

Community Members Push Back

The take triggered notable pushback. Ryan Berckmans accused Ansem of not understanding fundamentals. Leo Lanza went further, sharply dismissing the analyst’s bearish case on X.

Another user pointed to a 56% drop in the SOL/ETH pair this cycle.

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“Soleth is down 56% after being up 12x+ *this cycle* because one guy decided to buy 5% of the eth supply after it had underperformed all cycle. idk why you guys act like i dont also bearpost solana i havent posted anything bullish about sol in over a year,” Ansem replied.

Not everyone shares the bearish view on Ethereum. BeInCrypto recently highlighted that network activity remains strong, while technical indicators like the Rainbow Chart and MACD are also flashing bullish signals.

With macro and geopolitical uncertainty still in play, the question is whether ETH slides further this year or stages a renewed rally.

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The post Ansem Says Ethereum Is in a Worse Spot Than 2023 as Thesis Weakens appeared first on BeInCrypto.

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Aave’s TVL Falls $8B After $293M Kelp DAO Hack

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Aave’s TVL Falls $8B After $293M Kelp DAO Hack

Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the protocol and triggering withdrawals.

Data from DeFiLlama shows that Aave’s TVL fell from about $26.4 billion to $18.6 billion by Sunday, losing the top spot as the largest DeFi protocol. 

Aave v3’s lending pools for USDt (USDT) and USDC (USDC) are now at 100% utilization, meaning that more than $5.1 billion worth of stablecoins cannot be withdrawn until new liquidity arrives or borrows are repaid. 

$2,540 is available to be withdrawn from the $2.87 billion USDT pool on Aave v3 at the time of writing. Source: Aave

Aave’s TVL fall shows how rapidly risk from a single security incident can spread throughout the broader, interconnected DeFi lending market, potentially leading to a severe liquidity crisis.

The incident began on Saturday when hackers stole 116,500 Kelp DAO Restaked ETH (rsETH) tokens worth about $293 million from Kelp DAO’s LayerZero-powered bridge and used them as collateral on Aave v3 to borrow wrapped Ether (wETH).

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Crypto analytics platform Lookonchain said the move created about $195 million in “bad debt” on Aave, which contributed to the Aave (AAVE) token tanking nearly 20% from $112 on Saturday at 6:00 pm UTC to $89.5 about 25 hours later. 

Lookonchain noted that some of the largest crypto whales to withdraw funds from Aave were the MEXC crypto exchange and Abraxas Capital at $431 million and $392 million, respectively.

Source: Grvt

Several crypto networks and protocols tied to rsETH or the LayerZero bridge have paused use of the bridge until the problem is resolved, including DeFi platform Curve Finance, stablecoin issuer Ethena and BitGo’s Wrapped Bitcoin (WBTC).

Aave has frozen several rsETH, wETH markets

Shortly after the Kelp DAO exploit, Aave said it froze the rsETH markets on both Aave v3 and v4 to prevent any suspicious borrowing and later stated that rsETH on Ethereum mainnet remains fully backed by underlying assets.

WETH reserves also remain frozen on Ethereum, Arbitrum, Base, Mantle and Linea, Aave said.

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This incident marks the first significant stress test of Aave’s “Umbrella” security model, which was introduced in June 2025 to provide automated protection against protocol bad debt while enabling users to earn rewards.

Related: Aave DAO backs V4 mainnet plan in near-unanimous vote

Earlier this month, the Bank of Canada found that Aave avoided bad debt in its v3 market by using overcollateralization, automated liquidations and other strategies that shifted risk to borrowers.

In comments to Cointelegraph, Aave defended its liquidation-based model, framing it as a core safety mechanism that protects lenders while limiting downside for borrowers.

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It comes as Aave parted ways with its longest-standing DeFi risk service provider, Chaos Labs, on April 6, following disagreements over the direction of Aave v4 and budget constraints.

Magazine: Are DeFi devs liable for the illegal activity of others on their platforms?