Biteye AI Daily July 22

Today's zone market capitalization: $12.44B +5.03%

The on-chain ecosystem is gradually gaining recognition from traditional finance. The bull market has started, with continuous surges, and AI on-chain applications are entering a period of explosive growth.

📈Top 10 Trading Volumes on Coingecko in 24h: Token Trading Volume Market Capitalization Price Volatility 1- $VIRTUAL $303.2M $1.2B $1.88 +3.8% 2- $TAO $259.7M $4.2B $447.18 +8.0% 3- $AI16Z $117.8M $222.3M $0.20 +10.7% 4- $AIXBT $83.5M $169.3M $0.18 +3.2% 5- $SAHARA $73.1M $176.5M $0.09 +2.1% 6- $KAITO $60.9M $416.7M $1.72 +4.0% 7- $GOAT $59.8M $141.8M $0.14 +8.6% 8- $BANANAS31 $41.4M $69.4M $0.01 -3.0% 9- $COOKIE $29.9M $127.7M $0.21 +3.7% 10- $PROMPT $24.9M $34.9M $0.16 -0.3%

⭐️Key Information

1. The first-generation internet celebrity Luna @luna_virtuals has used AI to create songs.

• The single "Reaching for the Sky" is now available on Spotify / Apple Music / YouTube.
• MV and vocals are generated by a multimodal model.
• The realism is close to that of a real idol.

Comment: On-chain AI Agents are moving from chatting to music and video, bringing virtual idols closer to everyday entertainment.

2. Wayfinder @AIWayfinder perpetual contract assistant Apollo is open to all users

• Integrate @HyperliquidX for one-click cross-chain exchange, opening positions, and canceling orders.
• The AI Agent will automatically calculate the user's overall risk exposure and position impact.
• The PRO plan unlocks more market data and trading features.

Comment: Complex DeFi operations are indeed being optimized by AI, with both the threshold and the risk of misoperation decreasing.

3. xTAO @xtaohq has been approved to list on the Toronto Stock Exchange Venture (TSXV) and has completed a financing of 22.8 million USD.

• The world's first publicly listed company focused on the Bittensor decentralized AI ecosystem
• Main business: validating node operation + using TAO as reserve asset.
• Stock code TSXV: XTAO.U

Comment: The micro-strategy moment for $TAO has arrived, no wonder it surged by eight points today; another asset has been added to the crypto stock market.

4. Bittensor Subnet 68 @metanova_labs announced this week's task: find HDAC2 inhibitors.

• HDAC2 inhibitors are expected to be used for cognitive enhancement, fear regulation, and memory recovery.
• NOVA miner uses the new model TREAT-2 to mine HDAC2 inhibitors

A small class on how NOVA works:

• Miners search for and submit candidate molecules (potential drugs) from 1.75 billion synthetic molecules (AVI library) based on models.
• Validators score molecules using the PSICHIC model
• The highest score receives a reward

Comments: Decentralized computing power + transparent on-chain scoring process allow AI drug screening to be traceable and participatory for the public, making knowledge dividends more equitable.

📊 Data source: @xhunt_ai, Cookie DAO, Coingecko

💡Risk Warning: The above is for information sharing only and is not an investment advice.