Altcoins News
By James Thorp
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The Artificial Superintelligence Alliance’s native token, FET, has defied the broader market hesitation by snapping out of a prolonged downtrend.
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The rally comes amid increasing investor confidence, supported by a notable uptick in both on-chain activity and market demand. The price jump was accompanied by a sharp 47.
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One of the key drivers behind FET’s price spike is the significant boost in user engagement on the network. According to Santiment data, Daily Active Addresses surged to 1.
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However, the real weight behind this rally seems to lie with investor behavior—particularly from whales and retail buyers.
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At the same time, whales have ramped up their positions in the token. According to IntoTheBlock, large addresses accumulated 21.
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A deeper look at supply-side dynamics reveals another layer of bullish potential. As accumulation grows, the token's Stock-to-Flow Ratio has also risen, suggesting decreasing…
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Nevertheless, caution remains warranted. While the breakout above $0.85 is structurally strong, a number of holders who accumulated FET at higher levels over the last three…
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Overall, FET’s price action is being powered by a blend of organic adoption, increased whale accumulation, and improving sentiment around artificial intelligence in crypto.
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