Bittensor builds a decentralized AI economy, rewarding machine learning models in a transparent, open marketplace.
NEAR Protocol and Internet Computer enable on-chain AI execution through scalable, energy-efficient infrastructure.
Render and The Graph empower AI apps by decentralizing data indexing and GPU-intensive computing resources.
Blockchain networks are increasingly adopting Artificial Intelligence (AI), helping to bring about new ways for decentralized systems to operate. There are now many blockchain projects using AI to make the system faster, safer, easier to use, and use less computing power. Because developers and enterprises are interested in smart and automatic solutions for Web3, these AI-supported crypto platforms are growing in popularity.
NEAR Protocol(NEAR): Works to Increase the Speed of Decentralized Applications
Source: CoinMarketcap
NEAR Protocol is a Layer-1 blockchain that is built to support the development of scalable decentralized applications (dApps). The network is divided into pieces called shards by NEAR which makes it so each node only controls a few transaction requests. It results in better performance and less need for intense computing, so GCP is helpful for developing AI-based applications.
NEAR Protocol is trading for $2.41 which represents a 1.62% drop from the previous day. The market cap of NEAR is estimated at $2.94 billion and 1.22 billion NEAR have been circulated. Despite a moderate trading volume of $142.25 million, technical indicators suggest potential for further downside pressure if the $2.38 support level breaks. Still, NEAR’s architecture offers a strong foundation for hosting AI-integrated solutions.
Internet Computer(ICP): Supports On-Chain Compute and Storage
Source: CoinMarketcap
Internet Computer (ICP) introduces an advanced protocol aimed at supporting limitless smart contracts for hosting data, logic, and user interfaces directly on-chain. Because of this, Web3 platforms can support social media, business apps and virtual reality using full-stack decentralization.
At present, ICP is priced at $4.93 which is 0.63% lower than it was 24 hours ago. At present, the market cap of LOOP is $2.63 billion and the volume of trades is $50.71 million, pointing to not much volume on the exchange.
Render Network(RNDR): Offers Scalable GPU-Based Rendering
Source: CoinMarketcap
Render (RNDR) serves as a distributed GPU rendering platform built on Ethereum. It connects creators with node operators who provide GPU power in exchange for RNDR tokens.With this model, you can handle demanding rendering jobs like animation, visual effects and 3D graphics at a low cost.
The token is trading at $3.86 after losing 1.54% in the last day. There are over 517.89 million RNDR tokens in circulation and Render’s market cap is $2 billion. Trade values decreased by about 28% to $51.66 million which indicates waning interest in the market. Other AI workloads, though, mainly rely on dedicated graphics acceleration, for which the platform is still necessary.
The Graph Powers Blockchain Data Indexing and Accessibility
Source: CoinMarketcap
The Graph (GRT) functions as an indexing protocol for querying blockchain data. It utilizes GraphQL and subgraphs to efficiently process information from various blockchains, making it easier for decentralized applications to retrieve and present relevant data.
GRT can be bought for $0.09502 which is a decrease of 1.24% in the last 24 hours and the total value of its market is $936.01 million. The token’s 24-hour trading volume decreased to just $32.56 million because market activity was low.
Bittensor provides an opportunity for decentralized machine learning.
Source: CoinMarketcap
Bittensor (TAO), people can train and distribute machine learning models in a decentralized way. In the ecosystem, models contribute what they know and are paid depending on the value of their contribution. Because of this structure, a marketplace has formed where people can use AI without relying on a strong central authority.
The price of TAO is currently $404.76 which is a 3.91% decline from yesterday’s trading. A total of 8.75 million tokens are in circulation and the token has a market capitalization of $3.54 billion. Trade activity decreased a lot as the daily trading volume plummeted from $170.87 million to $92.04 million.
