FET Token Price Soars 9.1% as Market Participants Revive Interest in the Artificial Superintelligence Alliance Project

The Artificial Superintelligence Alliance's native token, FET, has defied the broader market hesitation by snapping out of a prolonged downtrend.

The Artificial Superintelligence Alliance’s native token, FET, has defied the broader market hesitation by snapping out of a prolonged downtrend. Not only has it shrugged off the crypto market's lukewarm recovery over the last few days, but FET has also surged to a three-month high of $0.85, marking a 9.1% daily increase at press time.

The token, which has been struggling for months within a descending channel that began following its December 2024 peak of $2.20, now shows promising signs of a bullish breakout. This move coincides with a broader crypto market recovery and growing investor appetite for AI-centric projects, especially those with robust utility and infrastructure like FET.

This 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 47.06% surge in trading volume, which spiked to nearly $295 million. Such a drastic volume increase typically reflects not only speculative momentum but also meaningful capital inflows—especially when confirmed by supporting metrics like network activity and address growth.

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 1.3K, the highest in two months, while Network Growth jumped to 398—levels last seen in March. This resurgence in user activity indicates a revival of interest in the token’s underlying ecosystem, a trend often mirrored in rising asset valuations. These fundamentals help to paint a picture of a project that’s regaining traction, both technically and socially.

However, the real weight behind this rally seems to lie with investor behavior—particularly from whales and retail buyers. Market participants have turned their focus back to FET, with strong buying interest becoming evident across various trading indicators. Data from Coinalyze reveals that spot buying volume significantly outweighed selling, with a buy-side delta of 989K tokens. This suggests buyers are firmly in control, and retail traders are actively accumulating.

At the same time, whales have ramped up their positions in the token. According to IntoTheBlock, large addresses accumulated 21.2 million FET tokens in just 24 hours, contributing to a net inflow of over 8.11 million tokens. This trend of accumulation by large holders typically indicates confidence in future price appreciation. When whales are net buyers rather than sellers, it is often viewed as a precursor to broader market rallies. Their presence in the market confirms that sentiment has flipped bullish for FET.

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 availability of FET for sale on exchanges. This rising scarcity, particularly when combined with growing demand, has historically served as a catalyst for price rallies across the crypto market. If this scarcity continues, and the bullish momentum remains intact, FET could be on track for a sustained move beyond the psychological $1 level.

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 months remain underwater. These traders may use the rally as an opportunity to exit their positions, creating short-term selling pressure. If enough profit-taking occurs, FET could face a local pullback toward the $0.73 support zone before attempting another breakout.

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. If market conditions stay favorable and accumulation continues, the token has a clear path to challenge the $1 resistance in the near term. Further bullish momentum could even see a test of the $1.20 mark, especially if buying volume accelerates and sellers remain sidelined. However, sustained upward movement will depend on FET maintaining both network activity and investor confidence in the weeks ahead.