Artificial intelligence (AI) is seen as one of the biggest developments for the upcoming future. Professionals in nearly all industries are looking at AI’s potential transformative role, seeking to leverage its potential.
In this context, blockchain seems to play a complementary role, both helping AI and benefiting from its rise. For this reason, several AI-focused tokens could lead the next crypto market rally. These include ICP, AGIX, and Elluminex.
ICP Leads The AI Innovation Charge
Internet Computer (ICP) has been one of the main innovators in bridging blockchain and AI. Notably, it is the first chain that enabled AI models to run as smart contracts directly on-chain. This verifiable and secure AI execution is a game-changer for the industry.
For one, AI models that run on its chain are tamper-proof, ensuring the integrity of their outputs. So far, most users rely on models that run on cloud servers, meaning that they have no insight into how the AI works. ICP’s model, on the other hand, offers unparalleled transparency that will become increasingly important.
In addition, ICP’s infrastructure is uniquely suited to power AI models. Notably, ICP can store models up to 500 GIB in size, which enables it to run complex AI models without external dependencies. What is more, ICP has plans to offer GPU support, enabling it to run AI models faster and more efficiently than ever.
AGIX Set For Major AI-Blockchain Merge
SingularityNET (AGIX) is among the leading projects that aim to integrate blockchain with AI. Thanks to its upcoming merger into the Artificial Superintelligence Alliance (ASI), the project has seen steady growth. Over the last year, AGIX rose a cumulative 110.20%, to its current level of $0.553.
The majority of this increase came during the AI boom in March 2024. At the time, AGIX traded above $1, the highest level since its launch. AGIX was among the tokens that benefited the most from this boom. This is largely because of its announced strategic merger with several major AI tokens. Notably, AGIX is set to merge with Fetch.ai (FET), and Ocean Protocol (OCEAN), forming the ASI token.
For this reason, traders expect AGIX to rise even higher ahead of the merger. Despite this, current technicals show mixed signals. While oscillators are mostly lean neutral, moving averages are mixed. However, if AGIX captures the crucial $0.6 level within the coming weeks, there is a real chance for a bullish reversal.
Elluminex Brings AI Tools To Trading
Another token that is set to benefit from the AI wave is Elluminex (ELX). This DEX recently captured the attention of TON traders, who see it as a potential to unlock key liquidity for the fastest-growing ecosystem. Now, this platform could also play a key role in unlocking AI’s potential.
Recently, Telegram has been capturing attention due to its integration of AI tools on Telegram. Currently, the platform hosts several AI bots, including LLM-powered chatbots. These bots integrate directly into Telegram, opening up significant potential for the platform.
In addition to Telegram’s AI expansion, the upcoming TON DEX Elluminex has a range of AI features of its own. The main of these is the AI portfolio tracker, offering personalized insights to traders. This tool enables traders to get actionable, real-time advice about their portfolios, making trading more accessible than ever.
Elluminex also has a significant potential to boost TON’s ecosystem, by promoting cross-chain interoperability. By connecting more than 40 blockchains through bridges, Elluminex could significantly boost liquidity on TON, which will likely have a significant impact on the fastest-growing blockchain in the world. This could put TON and Telegram at the forefront of the integration of blockchain and AI.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex
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