The week opened with bearish sentiment rippling through the crypto market as Mantra [OM] suffered a sharp crash, triggering widespread risk-off behavior.

While fear gripped most sectors and numerous tokens faced drawdowns, AI-focused assets defied the trend.

The week opened with bearish sentiment rippling through the crypto market as Mantra [OM] suffered a sharp crash, triggering widespread risk-off behavior.

While fear gripped most sectors and numerous tokens faced drawdowns, AI-focused assets defied the trend.

Amid heightened volatility, these tokens capitalized on the market’s uncertainty. Hence, surging ahead to top the weekly gainers’ chart with impressive double-digit returns.

Weekly winners

Core [CORE] — L1 blockchain rebounds to a two-month high

Core [CORE] surged 32.45% over the week, decisively breaking through the pivotal $0.60 resistance level, after two months of consolidation below this threshold.

Despite opening the week with a bearish gap, which extended the prior two-day corrective move, the selling pressure was swiftly absorbed, triggering a sharp rebound.

That said, caution is warranted as overbought conditions begin to emerge.

Consequently, the probability of CORE continuing its bullish trajectory next week appears diminished, as the market may be facing a case of “too much, too soon.”

Furthermore, the 26% drop in trading volume, now at $32.52 million, supports this cautionary outlook.

Unless volume metrics show a reversal, the risk of a technical correction increases, potentially signaling a trend exhaustion.

Bittensor [TAO] — AI-focused protocol breaks resistance

Bittensor [TAO] spearheaded the AI-driven rally this week, posting a 20.83% weekly surge to break through the key $300 resistance level.

Following a retracement to pre-election support levels, the asset initiated a relief rally, confirmed by four consecutive bullish daily closes, each establishing higher highs and breaching intermediate supply zones.

Source: TradingView (TAO/USDT)

On the momentum front, Relative Strength Index (RSI) is now showing a bullish divergence relative to prior local highs.

Hence, underscoring a potential momentum shift favoring the bulls and suggesting underlying strength in buying pressure.

From a macro perspective, the move reinforces AMBCrypto’s thesis of AI-native tokens outperforming in a risk-off environment, particularly as high-cap legacy assets consolidate or underperform with subdued weekly returns.

Additionally, the TAO/BTC pair has reclaimed its early-March horizontal resistance, flipping it into new-found support, thereby adding confluence to the current bullish structure.

Taken together, these technical developments position TAO for a potential continuation leg higher in the upcoming sessions.

Artificial Superintelligence Alliance [FET] — Token powering AI sits at a critical juncture

Artificial Superintelligence Alliance [FET] logged an 18% weekly gain, placing it just behind TAO on the leaderboard of top-performing assets.

The breakout above the $0.50 resistance confirms bullish continuation from a prior accumulation range.

However, the token is still capped below the $0.60 macro supply zone. Hence, it could trigger a short-term mean reversion if bullish volume fails to expand.

Notably, FET’s price structure reflects calculated accumulation. Daily candles show tight-bodied bullish closes, and volume has spiked 103% to $124.5 million — a sign of controlled yet growing conviction.

Much like its AI counterpart, FET is benefitting from macro risk-off flows. A clean break above $0.60 could unlock a fresh leg up.

Failure to defend current levels, however, may invite profit-taking and a short-term retrace.

Other notable gainers

In addition to the top performers, the broader market saw substantial price action with Voxies [VOXEL] leading the way in a remarkable fashion.

Exploding 425% on the week, to outpace the top 1,000 tokens in terms of price momentum, Voxies is heating up.

The rally was fueled by the launch of Voxies’ flagship game, which drew significant attention and sparked a massive price surge.

Following closely behind Voxies are Lofi [LOFI] and NKN [NKN], which registered impressive gains of 158% and 138%, respectively.

Both tokens experienced strong buying pressure, which ultimately drove their respective prices to new highs.

Weekly losers

Mantra [OM] — RWA blockchain struggles to reclaim momentum

Mantra [OM] closed the week as the market’s worst performer, tumbling by a staggering 90.54%, driven by a sharp deleveraging event that sent the token into a freefall.

This crash was triggered on the 13th of April, when OM collapsed from $6.35 to under $0.10 within a single session, marking a textbook case of a flash crash.

This crash likely stemmed from too many traders holding overleveraged long positions while the market was already overheated