ENQAI sent it this week with a 50% pump—likely fueled by their fresh team expansion (new CMO and new plans). NMT followed up with a 23% gain after launching Net Mind XYZ on BNB Chain (more on that later). Meanwhile, TAO climbed 18%, likely on the back of that Coinbase listing.

But not all AI coins had a good time. ELIZA, GRIFFAIN, and ARC got absolutely wrecked, each down around 40%. Are Solana AI agents losing their shine? We’ll find out soon enough.

Now, let’s talk about where the big money has been moving this week.

Virtuals led with $3.5M in inflows, driven by its sports agents HeyTracyAI and AskBillyBets, plus growing spots betting traction.

They also launched the Agent Commerce Protocol (ACP), enabling AI agents to collaborate autonomously. You can see a demo of it here: five agents run a simulated lemonade stand on-chain with zero pre-set triggers.

Freysa pulled in a net inflow of $600K after launching the Sovereign Agent Framework, letting users create tamper-proof AI agents with cryptographic proof and decentralized governance. They also dropped Freysa Act IV—a virtual game where AI-powered digital twins compete for dominance in a simulated city. If your twin comes out on top after 18 days, you’re looking at a six-figure payday (yep, over $100K).

An AI Season Brewing on BNB Chain?

BNB Chain might be making a comeback, and AI agents are leading the charge. CZ has been actively pushing for real AI use cases on-chain, and it’s not just talk—BNB agents made up three of the top five market cap gainers this week.

Is this… real? It’s like a throwback to the good ‘ol days of DeFi summer where BNB was our playground.

To kick things off, BNBXBT a AI agent inspired by the popular AI influencer AIXBT launched this week. Built on the ElizaOS framework, it focuses on deep Binance Smart Chain (BSC) research. In just a week, it captured 2% of AI mindshare (according to Cookie Fun) and attracted over 6,000 holders—not bad for a fresh launch.

NetMind (NMT) dropped NetMind XYZ this week—a fresh AI agent platform in collaboration with BNB Chain. Think of it as an agent launchpad where users can spin up, automate, and coordinate AI agents, fueled by NetMind’s decentralized compute and model APIs.

The first agent to launch on Netmind’s platform is Zoey, the wellness AI, which offers personalized health guidance, longevity supplements, and mental health support—all integrated with a major London-based longevity hub. Zoey’s token, NML, launched this week and pumped 270% to an ~$8M market cap.

Some more BNB Chain AI highlights this week:

• My Shell AI, an AI consumer layer on the BNB chain, launched their TGE. 11,425% oversubscribed, $97M+ worth of BNB staked, and a funding goal hit in 21 seconds.

• BNB Chain is hosting an AI Agents competition to attract dev talent.

• BNB Chain is injecting $4.4M in liquidity for top memecoins, including AI agents built on Holoworld & My Shell AI.

• Deepseek R1, a major AI model, is now preserved on the BNB Chain through Eternal AI.

With this recent AI push, could BNB Chain be on the verge of a major comeback? We’ll see.

🌴 The Launch of KAITO

Kaito AI’s airdrop went live, and as expected, it was chaotic.

Kaito AI is fixing the broken attention economy by ensuring users, creators, and brands get their fair share—rather than letting big platforms hoard the rewards. Its AI-powered InfoFi model and $KAITO token decentralize attention rewards, paying those who generate value.

In the GenAI era, attention is money (or "Yaps," as Kaito calls them). $KAITO acts as the economic layer to make this happen.

Now, about that airdrop. The initial community claim was just 10%, rewarding CT contributors (yappers) and Kaito Genesis NFT holders. With KAITO launching at a $1B+ FDV, each yap (or airdrop point) was worth ~$15 at TGE—meaning some participants walked away with thousands, or even hundreds of thousands, instantly.

So far, 27 million KAITO tokens have been claimed (~$27M), with the largest individual allocation hitting 460,000 tokens (~$460K). The average recipient got 455 tokens, translating to about $455 at the ~$1 initial trading price.

And KOLs wasted no time cashing out, sparking backlash. The biggest complaint? Much of the airdrop ended up back in the hands of big influencers rather than everyday users.

Some argued it was inevitable—Kaito’s $1B+ FDV meant some KOLs had to sell just to cover tax liabilities and that a model like Eigen or HyperLiquid—where tokens are non-tradable at TGE—might have eased the sell pressure and encouraged long-term holding.

That said, there’s still a strong incentive to hold $KAITO, thanks to Kaito Connect. Holders can stake their tokens for voting power, letting them directly influence content ranking, attention distribution, and network incentives.

For example, voters choose which projects get a “Yapper Leaderboard”—a real-time, public ranking of top creators by influence and contributions. Stakers also rewards in the form of more KAITO tokens, with staking opening at ~70% APR. But don’t get too comfy—that rate is expected to taper off in the coming days.

Then there’s the AIXBT drama. Despite being a top contributor and Kaito AI’s #1 KOL for a long time, AIXBT got zero allocation (and this is after it went out of it’s way to post about Kaito pre-launch, getting more than 100K impressions).

Many accused Kaito of changing the rules retroactively to exclude them while benefiting Kaito in engagement. If Kaito truly believes in an AI-powered crypto future, why snub one of the space’s biggest voices?

Kaito’s vision is ambitious, no doubt. But the real question is: Can they actually build a system that redistributes attention fairly? The market still has to prove it’s ready for this model.

In our opinion, comparisons to more established platforms like HyperLiquid are premature.

Project Updates

• TAO just hit Coinbase! Trading on the TAO-USD pair will roll out in phases once there’s enough liquidity.

• Allora’s Dev Mainnet is now live. This invite-only phase is for stress-testing the network, scaling up, and bringing in top-tier participants ahead of its full public launch. The goal is a decentralized, self-improving AI network.

• Mira Network has partnered with OpenLedgerHQ. This partnership brings next-level evaluation methods to decentralized models, making sure AI is provably reliable. Mira also released Klok, a decentralised chat app where you can earn Mira points.

• Recall’s testnet is now live. This decentralized platform is all about testing, verifying, and evolving AI agents—bringing trustless, machine-verifiable decision-making to the next level.

• Ionet is partnering up with Gaianet AI to supercharge decentralized AI agent inference with scalable GPU compute. By tapping into Ionet's GPU clusters, Gaia's AI agents get a serious performance boost—faster model processing, greater efficiency.

• Ionet also dropped ‘Co-Staking’, letting IO token holders earn block rewards without the headache of owning hardware.

• Delphi Labs and cyber Fund announced the dAGI Accelerator, an 8-week blitz for AI founders looking to build the next wave of decentralized AI. The deal? Hands-on mentorship, up to $500K in funding, and backing from the Solana, Ethereum, and Base ecosystems.

• Sentient teamed up with KGeN to drop a next-level gaming LLM, blending its AI smarts with KGeN’s massive dataset of 13M+ gamers to supercharge gaming experiences for both devs and players.

AI Agents

• ElizaOS just dropped its product roadmap, and it’s stacked. Coming soon: DegenSpartanAI upgrades, an autonomous Investor, and the Agent Marketplace.

• CreatorBid has integrated Allora Network’s collective intelligence into its AI Agent Launchpad SDK. Now AI agents can learn, adapt, and make smarter onchain moves in real time.

• Jupiter DEX just leveled up its routing with Virtuals, letting users swap any input token for any agent at the best price.

• NEAR Protocol introduced Shade Agents—AI-driven, multichain smart contracts that are fully verified on-chain and built to eliminate single points of failure. Think of them as autonomous, self-checking smart contracts.

• FLock and Animoca Brands just dropped HeyAni, the first decentralized AI VC Agent. Built on FLock’s AI infrastructure, HeyAni gives Web3 founders and investors AI-powered business evaluations, investment ratings.

Web2 AI

• Grok 3 beta just dropped, and Elon’s flexing hard—outperforming OpenAI and others in math, science, and coding. Grok is also introducing two new features: DeepSearch, an AI agent to synthesize key info and sort conflicting takes, and Think, a next-level reasoning engine.

• Perplexity launched Deep Research, allowing users to generate in-depth research reports on any topic.

• OpenAI just unveiled SWE-Lancer—a real-world AI coding test featuring 1,400 freelance engineering tasks from Upwork with $1M in payouts. This benchmark dives deep into full-stack complexity and pushes for more realistic, high-stakes evaluations.

• Google just dropped an AI-powered lab partner, AI co-scientist, to generate fresh hypotheses and speed up discoveries. It’s a multi-agent system that’s already been validated in real-world experiments and is available for testing.

This week, we dropped a guide for Dynamic TAO, summarizing our biggest learning in plain English, no math.

We also unpacked Nillion, a privacy-preserving infrastructure layer. Did you know their CTO was founding engineer at Uber? 🤯

🔥 On X..

Bittensor subnet tokens, a generational opportunity?

Anand’s Virtuals Thesis: The 4 Acts

A talk from Ejaaz on the current AI Agent landscape

Alexandr Wang, CEO of Scale AI says we will all be managing numerous AI Agents

A list of the most advanced AI agent frameworks in DeFAI

ElizaOS’s Agent Scarlett can analyze tickers, wallets, and contract addresses for holder behavior patterns, social sentiment, and price action