BlockBeats News, May 11th. At a time when the global market is going crazy for AI, the cryptocurrency industry, which has long lacked a new narrative, finally couldn't hold back and began to regain its popularity by embracing the AI concept.

The storage sector took the lead. Ancient decentralized storage concept coins FIL and STORJ briefly surged last week. FIL's price quickly rose from the $0.9 range to $1.3, then retraced slightly, and is currently trading at $1.14. The community even joked: "Those who bought mining rigs in the past finally don't need to defend their rights anymore, hard drive prices have gone crazy."

The open-source model concept became the biggest highlight. The Base ecosystem token VVV performed particularly well, with Venice AI behind it. Venice AI is a privacy-focused, censorship-resistant AI platform that supports various functions such as chat, image generation, and code writing, and integrates multiple cutting-edge open-source models. After consolidating throughout this year, VVV's price accelerated from $1.6 to $16. In addition, its default model token, Dolphin, also soared, with a peak market cap exceeding $170 million at one point.

Projects such as ICP and NIL also saw significant gains due to their direct or indirect association with AI.

The Solana ecosystem is taking the "Lightning-fast Meme+AI" route. Goblin, which surged 137% today, is a typical example. The token combines Meme characteristics with the AI Agent concept and also includes an on-chain Agent autonomous buyback mechanism. Meanwhile, the purely AI Meme project ZEREBRO recently rose from a $7 million market cap low to $50 million.

It is worth noting that AI top projects from two years ago, such as ACT, FARTCOIN, and GOAT, are currently relatively quiet, seemingly forgotten by the market.

BlockBeats believes that the cryptocurrency industry's hype around AI, at present, is still essentially a "redemption in the narrative desert," lacking real innovation and effective adoption. The current dazzling scene seems more like a capital frenzy under a short-term liquidity window.