Market Metrics

Total Crypto Market Cap: up .5% to $2.6T
Total AI Sector Market Cap: down 4.6% to $25.7B

Top Movers (24hrs):

📈 Spectre AI (SPECTRE): up 57.7% to $2.17
📈 Monai (MONAI): up 42.3% to $0.4926
📈 Kizuna (KIZUNA): up 19.5% to $0.0₇1701

Highlights of the Day

🦸 Ora Brings AI To The Optimism Superchain
Today, Ora Protocol made a significant stride in the AI sector by announcing the integration of their Onchain AI Oracle (OAO) on Optimism’s mainnet. This move not only brings machine learning directly to blockchains, but also enables advanced AI functionalities with reduced costs and increased transparency. With OAO integrated to Optimism, developers can now build AI-powered apps on Optimism or any chain built on the OP stack (incl. Base, Mantle & Zora).

➡️ Given activity on the OP “superchain” is exploding, namely due to the simple onboarding of users from Coinbase to the Base chain, this is particularly significant news. The increasing ease of integrating AI into blockchain projects will inevitably lead to AI-powered everything, from DeFi to gaming. This is incredibly exciting for projects building on the superchain, as it could lead to significant opportunities that projects on other chains may not yet have access to. We can already imagine many app interfaces moving away from a complex, clunky UI to a simple chatGPT-like user interface.
Related Tickers: OP, MNT & ORA (TBA)

* = we own

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