AI tokens gained 7.4% weekly, with top performers like RSS3 (+68.3%) and ALI (+48.7%) leading the charge despite low trading volume.
We’re back! Or are we?
The AI sector pulled off a dramatic recovery over the last week as the broader crypto landscape and macro conditions improved.
But while things are looking up, it’s still too early to say the market bottom is now behind us.
With that in mind, let’s see how things evolved over the last week.
The last few weeks were, quite frankly, a bloodbath for many cryptocurrencies.
Currently, Bitcoin (BTC) is up 4.8% for the week, while Ethereum is up 9.3%. The entire cryptocurrency market added $130 billion to its market capitalization during this period.
This recovery appears to be fueled by strength in the U.S. stock market, with the S&P 500 (SPX), Nasdaq Composite (COMP), and other key indices benefitting from a relief rally.
But with new tariffs set to take effect from April 2 and core CPI expected to rise in March, it’s too early to say we’re in the safe zone yet.
Overall, the sector is up 7.4% in the last week, reaching a $29.4 billion market capitalization.
Many AI tokens made a strong recovery this week, with gains of more than 20% commonplace among the top 100 by mcap.
Some of this week’s best performers currently include:
Unfortunately, not all AI tokens fared quite so well. A small contingent of AI tokens were unable to recoup their recent losses and are still in the negative over the last week.
Some of the worst performers currently include:
The AI agent subsector also witnessed a striking comeback this week, with a handful of tokens showing impressive numbers.
The top performers of this week include:
Fartcoin (FARTCOIN) is also back with a vengeance, gaining 84.1% in a week, demonstrating the renewed risk appetite of market participants.
According to DefiLlama's narrative tracker, the AI sector performed better than most in the last seven days.
Another week, another wave of exciting AI updates.
Here, we’ve collected a handful of the most significant stories to bring you up to speed on the sector’s development.
>> That’s a wrap for this week’s AI recap. Check in next week for more of the latest developments in the AI sector.
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