The crypto is experiencing a resurgence thanks to AI: storage, open-source models, and memes are all contributing to its growth.

According to BlockBeats, on May 11, as the global market went crazy for AI, the crypto, which had long lacked new narratives, finally couldn't hold back and began to regain its popularity by using the AI ​​concept. The storage sector led the charge. Ancient decentralized storage tokens FIL and STORJ experienced a brief surge last week. FIL's price quickly rose from around $0.9 to $1.3 before slightly retreating, currently trading at $1.14. The community even joked, "Those who bought mining rigs before don't need to complain anymore; hard drive prices have gone crazy." The concept of open-source models became the biggest highlight. Base's ecosystem token, VVV, performed particularly well. Its underlying platform, Venice AI, is a privacy-focused, censorship-free AI platform that supports various functions such as chat, image generation, and code writing, and integrates multiple cutting-edge open-source models. After a period of consolidation this year, VVV accelerated its upward trend, with its price soaring from $1.6 to $16. Furthermore, its default model, Dolphin token, also surged, with its market capitalization briefly exceeding $170 million. Projects such as ICP and NIL also saw significant increases due to their direct or indirect connection with AI. The Solana ecosystem focuses on a "lightweight meme + AI" approach. Goblin, which surged 137% today, is a prime example. This token combines meme attributes with the concept of AI agents and incorporates an on-chain agent self-buyback mechanism. ZEREBRO, another pure AI meme, recently rose from a low of $7 million to $50 million in market capitalization. It is worth noting that AI top-tier projects from two years ago, such as ACT, FARTCOIN, and GOAT, are still relatively quiet and seem to have been forgotten by the market. BlockBeats believes that the current hype surrounding AI in the crypto is essentially a "redemption in a narrative desert," lacking real innovation and effective adoption. The dazzling spectacle is more like a short-term liquidity frenzy.