On-chain analytics research institution Pine Analytics stated on platform X that there are up to 65 tokens created or directly associated with projects participating in the Solana ecosystem AI hackathon initiated by SendAI, with a total market value of $482 million, an average market value of $7.5 million, and a median market value of $1.7 million; there are 13 tokens with a market value exceeding $10 million, and 42 tokens with a market value exceeding $1 million. Notably, at the beginning of November 2024, there were only 9 token projects with a total market value of $12 million, and today, two months later, this data has significantly increased. The top five tokens by market value are:
SEND ($88 million)
- @joinfxn ($72 million)
- @bongocatAI ($44 million)
- @neur_sh ($39 million)
- @KiraKuruAI ($19 million)
Additionally, tool and infrastructure projects are less likely to issue tokens, while agencies and applications are more likely to launch tokens.