The price of Solana meme coin ai16z has experienced a significant increase in the past week, as whales have acquired it in significant quantities.
The ai16z price has increased by 33% in the past 24 hours, establishing it as the leading Solana meme coin, surpassing the market cap of $2.641 billion held by Pudgy Penguins (PENGU). Furthermore, it is the first AI token on Solana to reach a $2 billion market capitalization as the narrative of AI agents gains momentum as 2025 approaches. Recent reports indicate that whales have amassed nearly $25 million in tokens.
The Solana Meme Coin ai16z Price Rally steals the limelight
While achieving new milestones, the ai16z price rally has been extended by over 200% on the weekly chart, reaching $2.41. It is among the top AI-based meme coins that analysts anticipate for 2025, partly due to its monthly gains exceeding 600%.
According to the Coinglass data, the cryptocurrency’s price increase today is accompanied by a 147% increase in open interest, which has reached $63 million. Furthermore, the daily trading volume has increased by 40% to exceed $260 million.
The ai16z price has increased from less than $1 to $2.4 in less than seven days amidst a significant accumulation of whales for the Solana AI coin. The altcoin is the subject of significant whale activity, as evidenced by blockchain data from SOL Scan.
- Four hours ago, the whale wallet wVbrpF…BYuA withdrew 1.86 million coins from Gate.io, valued at $3.95 million. This wallet currently contains a total of $10.21 million in cryptocurrency, which is equivalent to $22.86 million.
- A new wallet, CoErvN…8DiS, was established 22 hours ago and has already withdrawn 9,317 SOL ($1.77 million). Nine hundred fifty-five thousand five hundred tokens were acquired with these funds.
The increasing interest in the AI coin is emphasized by the surge in whale activity, which implies a high level of confidence in the token’s prospects. Substantial investments are indicative of this. The project’s developers are currently redesigning its tokenomics and establishing a dedicated Layer 1 network similar to Pump.fun. These proposed modifications to the tokenomics could have a substantial impact on the price of ai16z, as well as on other cryptocurrencies in the same space.
This AI coin is the inaugural venture capital DAO that AI agents operate. The project, led by the AI agent @pmairca, leverages collective intelligence and artificial intelligence to enhance investment decision-making.
The narrative of AI agents is rapidly expanding
According to crypto market analysts, the AI agent’s narrative is expected to dominate the market in 2025. In 2024, VIRTUAL, a significant AI-related cryptocurrency, experienced a remarkable price increase, establishing itself as one of the sector’s top performers. In a similar vein, ai16z also recorded substantial gains in this sector.
As the year commenced, infrastructure projects that AI drove made substantial progress. VIRTUAL has ascended to the 31st position in market capitalization, having achieved a new all-time high (ATH) of $5.06. Conversely, Coingeckco reported that the ai16z price experienced a remarkable 192% increase over the past seven days, resulting in an ATH of $2.42.
Last year, in 2024, Solana meme coins were in high demand, contributing significantly to the ecosystem’s activity. Recently, the market has been dominated by players such as Peanut the Squirrel (PNUT) and Fartcoin (FARTCOIN).
