AI Drives Crypto Investment Boom, Securing 32.9% of Funding in Just 24 Hours

Despite a slumping Fear & Greed Index, the cryptocurrency market witnessed significant investment activity. AI-related projects dominated funding rounds with a remarkable 32.91% share, a surge that fueled the value of AI tokens to an impressive $27.3 billion in just 24 hours. Payments also garnered substantial attention, accounting for 25.88% of capital, propelled by Ripple’s $500 million funding round linked to US stablecoin development and momentum behind the GENIUS Act.