AI16Z has achieved a $2.581 billion market cap and set a new benchmark for AI-powered tokens on Solana.
By Anisha Pandey
Edited by Julia Sakovich
Updated
3 mins read
The AI16Z token AI16Z $1.56 24h volatility: 10.7% Market cap: $1.72 B Vol. 24h: $462.40 M has recently become the talk of the crypto market, recording an impressive 27% price gain in the last 24 hours. This rally has propelled the Solana-based meme coin to a market cap of $2.581 billion, overtaking BONK BONK $0.000029 24h volatility: 5.8% Market cap: $2.22 B Vol. 24h: $184.92 M and Pudgy Penguins PENGU $0.0358 24h volatility: 10.4% Market cap: $2.25 B Vol. 24h: $492.30 M . Interestingly, AI16Z has also become the first AI token on Solana to reach this milestone amid the growing dominance of AI-powered tokens. The token is also on the brink of entering the top 200 cryptocurrencies by market cap, currently ranked 201st.
The token’s weekly price surge of over 170% pushed it to the current price of $2.32. It has recorded a daily trading volume spike of 60%, reaching $292 million. On the monthly chart, AI16Z has soared by more than 580%, as per the data by CoinMarketCap.
Meanwhile, CoinGlass data indicates a major surge in open interest, up by 135% to $62.9 million, suggesting heightened interest in the token.
Notably, whale activity has played a major role in the recent price surge and trading activity. A wallet identified as wVbrpF…BYuA withdrew 1.86 million tokens, valued at $3.95 million, from Gate.io just hours ago. This wallet now holds over 10.21 million tokens, worth $22.86 million. Another wallet, CoErvN…8DiS, created less than a day ago, has also purchased 955,500 tokens using 9,317 SOL (worth $1.77 million).
AI16Z, a decentralized autonomous organization (DAO) on the Solana blockchain, leverages artificial intelligence and collective intelligence for investment decisions.
Looking ahead, the project’s developers are working on overhauling its tokenomics and launching a dedicated Layer 1 network to support agent-to-agent interactions. Plans include a token launchpad modeled after Pump.fun, allowing users to create AI agents. The team is also working on sustaining AI16Z’s value by introducing several use cases like launch fees, staking, and liquidity pools.
The rise of AI16Z coincides with a broader market trend favoring AI agent tokens over traditional memecoins. Analysts predict this momentum will continue through 2025, driven by the utility and innovation these tokens offer. Dragonfly Capital’s Haseeb Qureshi recently explained that this shift represents a migration from “financial nihilism to financial over-optimism.”
However, experts also urge caution. Qureshi predicts that the novelty and craze of AI agents may diminish in 2026 as advanced applications saturate the market. Similarly, in December, Decentralized AI Society co-founder Michael Casey warned of centralization risks in AI development, advocating for decentralized frameworks to avoid potential pitfalls.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.
