The Crypto AI Agents sector experienced a significant market cap drop, falling from $20 billion to around $7 billion in one month. Alongside this decline, some tokens show resilience, particularly AI16Z and ARC, with recent gains reflecting their strong momentum.
While whale engagement and smart account activity decline, the slowing rate suggests potential stabilization. A renewed interest in AI-driven narratives may spark another breakout for top-performing agents like VIRTUAL, AI16Z, and ARC.
Despite mixed performances among the leading tokens, ARC emerged as a notable winner, surging nearly 96% within days and climbing to the fifth rank. Meanwhile, AI16Z, the second-largest coin on Solana, reached a $513 million market cap, persisting behind VIRTUAL.
Overall engagement of smart accounts, crucial indicators in the market, has been steadily declining. However, this trend's decline rate has decelerated, suggesting potential stability and renewed confidence if smart account activity rebounds.