Grayscale Says AI Crypto Sector Gained 54% in September

Key Highlights

• According to Grayscale, its AI-focused crypto sector gained 54% in September, compared with a 24% rise for the broader crypto market.
• Grayscale’s research note said NEAR gained 183%, followed by Venice (VVV) at 70%, World (WLD) at 47%, and Bittensor (TAO) at 37%.
• The AI category remains Grayscale’s smallest crypto sector, with a market value of about $15 billion.

Grayscale’s AI-focused crypto sector gained 54% in September, outperforming the broader digital asset market during the month as the firm examined potential links between artificial intelligence (AI) and blockchain infrastructure.

According to a research note published by Grayscale Head of Research Zach Pandl on October 2, the firm’s Artificial Intelligence crypto sector gained 54% during September, compared with a 24% increase for the broader crypto market.

AI crypto sector outperforms broader market

Grayscale highlighted four tokens in its latest research based on their September performance:

• NEAR: +183%
• Venice (VVV): +70%
• World (WLD): +47%
• Bittensor (TAO): +37%

The figures reflect September market performance and do not establish whether those gains will continue. The AI category remains relatively small compared with Grayscale’s other crypto sectors, despite its stronger performance during the month.