Artificial intelligence (AI) linked tokens are leading gains across the crypto market as the sector rides a wave of positive catalysts, chief among them the anticipated Anthropic IPO. Venice Token (CRYPTO: VVV) has climbed to around $18, its highest level since June and roughly 75% above the lows it touched in July.
Near Protocol (CRYPTO: NEAR) soared to $2.2850, up by 50% from its June low. Worldcoin (CRYPTO: WLD), which is associated with Sam Altman, has jumped by double digits.
AI Industry Tailwinds are Rising
Venice AI is widely seen as a top player in the AI space because its platform enables users to search most models on one platform. It uses a freemium model that lets users use it for free and then upgrade to access more features. It then uses its revenue to burn its VVV tokens, which helps it to improve its tokenomics.
Near Protocol is also an AI platform thanks to its AI agent marketplace, IronClaw, and Near AI Cloud solutions. Worldcoin, on the other, is in the human verification industry, which is useful in the new era of AI agents. Other top AI tokens like Artificial Superintelligence, Bittensor, Internet Computer have also done well recently.
One of the most important catalysts driving the surge is the upcoming Anthropic IPO that will value it at over $2 trillion. This will make it the fastest company to hit that milestone. Companies like Nvidia (NASDAQ:NVDA), Alphabet (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT) took decades to cross the $1 trillion mark.
After that, OpenAI is also expected to launch its IPO. While its business slowed in the second quarter, its management pointed to resilient demand as the third quarter started. OpenAI will likely see a valuation of over $1 trillion.
AI tokens have also reacted to the robust corporate earnings growth, with most companies reporting strong numbers. For example, Nvidia’s revenue more than doubled in the second quarter, with management predicting that its 2027 figure will soar by over 70%.
Analysts also expect that AI spending will continue growing. In a recent report, PWC predicted that AI data center spending will soar to $31.6 trillion by 2050.
Venice Token, Worldcoin, and Near are Benefiting From These Tailwinds
These AI-driven tailwinds should keep benefiting tokens like Venice, Worldcoin, and Near. Many of them rallied ahead of SpaceX’s IPO, which valued the company at over $1.75 trillion. SpaceX has become a major AI player through its Grok assets and expanding data center ambitions following its acquisition of xAI. With another major AI IPO on the horizon, that pattern could repeat.
The risk, however, is that the tokens may reverse when the IPOs happen, a similar situation that happened after SpaceX’s public offering.
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