Artificial Superintelligence Alliance (FET) jumped 13.20% to $0.2376 on March 24, topping the gainers list as mid-caps outperformed, according to CoinGecko data. Siren (SIREN) fell 58.85% to $1.02 to lead decliners. LayerZero (ZRO), Aptos (APT), and Bittensor (TAO) also pushed higher, while Ethena (ENA), Kaspa (KAS), Pi Network (PI), and Hyperliquid (HYPE) eased.
Top Gainers
Artificial Superintelligence Alliance (FET) rose 13.20% to $0.2376, bringing its market capitalization to $537.09M. The alliance groups Fetch.ai, SingularityNET, and Ocean Protocol under a coordinated AI effort that has included plans for token consolidation across the stack. The theme puts FET in the thick of on-chain AI infrastructure narratives, now alongside higher-cap peer Bittensor on today’s board. Liquidity concentration across the alliance’s assets remains a key watch as integrations progress.
A7A5 (A7A5) gained 12.58% to $0.0135, taking its market cap to $527.67M. No specific news has been tied to the move. The token’s climb placed it second among large mid-caps by percentage change over 24 hours, with price discovery unfolding above the cent level.
Aptos (APT) advanced 11.52% to $1.05, with a market value of $836.86M. The Layer 1 network is built around the Move language and parallel execution, with aims at high throughput and quick finality. Backed by a roster of venture investors since launch, Aptos continues to court DeFi, gaming, and payments builders as it competes in the L1 field.
LayerZero (ZRO) climbed 11.41% to $2.19, lifting its market cap to $552.28M. The protocol underpins cross-chain messaging and bridging for applications that need to route assets or data across networks. Traders pointed to broader altcoin rotation. Adoption of omnichain primitives often tracks liquidity cycles across EVM and non-EVM chains, a backdrop ZRO has tended to trade with.
Bittensor (TAO) added 10.85% to $301.47, bringing its market capitalization to $2.90B. The network coordinates machine learning subnets that compete for emissions, rewarding models and routing useful outputs via a peer-to-peer incentives layer. TAO has become a bellwether for AI-linked on-chain compute narratives, and its triple-digit token price keeps it among the priciest names by unit cost. The day’s double-digit gain puts TAO alongside FET at the front of the AI basket.
Top Losers
Siren (SIREN) slid 58.85% to $1.02, with market capitalization at $743.01M. The magnitude of the drawdown dominated the losers board and eclipsed declines in larger caps. Details were sparse at press time, with no immediately visible catalyst accompanying the drop. Price action remains volatile around the $1 handle after the steep move.
Ethena (ENA) fell 4.72% to $0.0922, setting market cap at $783.04M. Ethena is the issuer behind the delta-hedged synthetic dollar USDe, which targets dollar stability using hedged basis positions across venues. ENA governs protocol incentives and risk parameters. The token’s modest decline contrasted with more severe selling among smaller names on the day.
Kaspa (KAS) eased 4.58% to $0.0346, giving the proof-of-work blockDAG project a $944.95M market cap. Kaspa’s design emphasizes rapid block times and high throughput using a DAG-based consensus rather than a linear chain. The pullback keeps KAS near the billion-dollar threshold by valuation, a line it has tested during prior swings.
Pi Network (PI) dipped 2.85% to $0.1887, with a market value of $1.85B. Pi promotes mobile mining and a large user base, with token transfers historically limited as the project phased toward broader mainnet access. The token’s valuation remains sizable even after today’s move. Price formation has often been fragmented across venues that support PI pairs.
Hyperliquid (HYPE) declined 1.71% to $37.50, setting market cap at $8.94B. The onchain perpetuals exchange operates an appchain architecture and has drawn significant derivatives volume. HYPE’s modest slip came after outsized gains in prior sessions across onchain perp venues. Liquidity in the venue’s flagship markets remains a focal point for traders watching fee flows and emissions.
Market Outlook
The day’s tape split sharply: the top gainer rose 13.20% while the biggest loser shed 58.85%. AI-linked names featured on the upside with FET and TAO, while infrastructure tokens like ZRO and L1 coin APT also printed double-digit gains. On the downside, SIREN’s collapse overshadowed milder dips in ENA, KAS, PI, and HYPE.
Into the week, watch whether AI narratives hold bid after FET’s 13.20% jump and if TAO can extend above $301.47. Positioning around cross-chain activity may keep ZRO in focus, while unlock schedules, listings, or roadmap updates across these names could skew flows. Broader direction from Bitcoin will remain the key signal for whether mid-caps sustain this rotation.
