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I noticed an interesting contrast in the market — FET has fallen from $0.31 to $0.14 over the past few weeks, but the Fetch AI network is growing rapidly at the same time. Currently, the token is trading around $0.21, which is still below the peaks seen in January. It’s quite a strange situation when the price is pressured downward, but fundamental indicators are moving upward.
I looked at the network data — something really is happening there. The Fetch AI mainnet has already processed 35 million transactions, with over 500,000 operations added just in the last month. Agentverse now hosts more than 2.5 million active agents. The project is constantly expanding the functionality of the ASI, adding new features. This doesn’t look like a dead project; quite the opposite.
So it turns out — the price is falling, but activity on the network is increasing. Such discrepancies usually attract traders who look for these moments. Maybe the market is simply overestimating AI tokens overall, or it’s just a temporary correction. In any case, it’s interesting to see whether fundamental metrics will eventually influence a price recovery.