Top crypto movers: TAO and HYPE soar, PI and NIGHT correct

AI-linked cryptos dominate the market

The narrative around artificial intelligence continues to drive the crypto market. According to several on-chain data sources, the AI token sector has surged over 20% in one week, confirming a massive resurgence of investor interest. At the heart of this rally, Bittensor (TAO) stands out as the current leader, with a spectacular rise of approximately 50%, pushing its price beyond $235. With an RSI near 76, the momentum remains highly bullish and reflects strong demand from both institutional and retail investors for this decentralized machine learning network.

Meanwhile, Hyperliquid (HYPE) confirms its status as a flagship project in DeFi. The token of this Layer-1 blockchain dedicated to perpetual contract trading recorded a daily volume of approximately $1.2 billion, benefiting from strong weekend activity to play a key role in price discovery. Its price now trades around $38, supported by solid technical structure and traders’ attraction to platforms offering near-instant finality.

Other AI-related projects are also following this dynamic. Artificial Superintelligence Alliance (FET) and Render (RENDER) have gained approximately 31% and 32% respectively, confirming a widespread movement across this sector. This convergence between blockchain and artificial intelligence is attracting increasing amounts of capital, with some investors considering this segment as one of the most promising technological narratives in the current crypto market.

Can TAO target a new all-time high?

Despite this euphoria, not all altcoins are benefiting from the same dynamic. Pi Network (PI) suffered a significant correction of approximately 17%, falling back to around $0.20 after failing to maintain its bullish momentum. Sellers have regained control of the short-term market, while other projects like Midnight (NIGHT) also recorded declines, losing over 8% and dropping near $0.047.

This divergence shows that capital is currently concentrating on specific sectors, particularly AI infrastructure and decentralized trading platforms. In a market dominated by Bitcoin and strong technological narratives, projects unable to maintain solid momentum can quickly be abandoned by traders.

Regarding Bittensor (TAO), the next technical target sits around $268, an important resistance zone corresponding to the Fibonacci retracement of 78.6%. If this barrier is broken with volume, the token could enter a price discovery phase and target a new ATH. In a context where the AI narrative remains extremely powerful, investors are now closely monitoring capital flow evolution to determine whether this rally can transform into a genuine sustainable bull run.

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