公用事业驱动的令牌正登上聚光灯

在过去的一个月中，加密技术和分散的科技市场发生了明显的转变。在一年中的大部分时间里，成人和投机资产一直是头条新闻的宠儿。

The crypto and decentralized tech markets have undergone a clear shift in the past month. For most of the year, memecoins and speculative assets have been the darlings of the headlines.

在过去的一个月中，加密技术和分散的科技市场发生了明显的转变。在一年中的大部分时间里，成人和投机资产一直是头条新闻的宠儿。

Now, utility-driven tokens are stepping into the spotlight—especially those tokens that exist at the intersection of AI and decentralized infrastructure.

现在，公用事业驱动的代币正在引起人们的关注，尤其是在人工智能和分散基础架构交集中存在的令牌。

A few tokens are emerging that seem to be winning, with $VVV, $LAYER, and $HOOK capturing most of the investor attention.

一些代币正在出现，似乎正在获胜，$ vvv，$ layer和$钩子吸引了大多数投资者的关注。

That said, $TANK and $CYBER also have momentum building behind them, and if they keep moving in the direction of upward price action, they could be next in line to garner the serious interest of investors.

也就是说，$ tank和$ cyber也在他们身后建立动力，如果他们继续朝上的价格行动发展，那么他们可能会依次获得投资者的严重兴趣。

This shift is occurring for reasons that are very much tied to artificial intelligence and infrastructure.

由于与人工智能和基础设施非常相关的原因，这种转变正在发生。

Venice Protocol ($VVV) Dominates the AI Infrastructure Narrative

威尼斯协议（$ vvv）主导着AI基础设施叙述

At the forefront is $VVV, the native token of the Venice Protocol—also known by its handle @AskVenice. This decentralized generative AI platform empowers a multitude of possibilities, spanning text conversations, image and code generation, and more. In contrast to AI services of the traditional Web2 era, Venice resides in a computational layer that is decentralized, censorship resistant, and redefining the contours of value capture in AI infrastructure.

在最前沿的是$ vvv，这是威尼斯协议的本地代币，也以其@askvenice闻名。这个分散的生成AI平台赋予了多种可能性，跨越文本对话，图像和代码生成等。与传统Web2时代的AI服务相反，威尼斯居住在一个分散，抵抗审查和重新定义AI基础架构中价值捕获轮廓的计算层中。

What’s been dominating mindshare?

有什么主导着思维方式？

Over the past month, there’s been a noticeable rotation into $VVV, $LAYER, and even $HOOK. $TANK and $CYBER climbed the ranks toward early May. pic.twitter.com/EBKtqb3bD4

在过去的一个月中，人们明显旋转了$ vvv，$ layer，甚至$挂钩。 $ tank和$网络在5月初升级。 pic.twitter.com/ebktqb3bd4

— Nansen 🧭 (@nansen_ai) May 9, 2025

-Nansen🧭（@nansen_ai）2025年5月9日

In the course of just a week, $VVV has rocketed upward by more than 80%, and now has a market cap of $135 million. Its growth isn’t just hype; it’s being driven by some impressive numbers. Venice now has over 50,000 daily active users (DAUs), strong evidence that its adoption is being driven by real utility and not just a bunch of speculators.

在仅一周的时间里，$ VVV上升了80％以上，现在的市值为1.35亿美元。它的增长不仅仅是炒作；它是由一些令人印象深刻的数字驱动的。威尼斯现在拥有超过50,000名活跃用户（DAU），有力的证据表明其采用是由真实效用而不仅仅是一群投机者驱动的。

What differentiates Venice is its unique model of ‘stake-for-access.’ Users don’t pay a subscription fee or burn tokens to use the generative AI capabilities of the platform. Instead, they stake $VVV to access them. This is a clear value proposition to stakers, and it creates an interesting value loop. The more people using the tokenized service, the more demand there is for the token, which is designed to strengthen the network. If this model works, it might give AI and tokenomics something to talk about.

威尼斯与众不同的是其独特的“赌注访问”模型。用户不支付订阅费或刻录令牌以使用平台的生成AI功能。相反，他们将$ vvv备份以访问它们。这是对Stakers的明确价值主张，它创建了一个有趣的价值循环。使用令牌化服务的人越多，对代币的需求就越多，该令牌旨在加强网络。如果该模型有效，则可能会给AI和Sokenomics提供一些讨论。

A Broader Rotation into AI and Infra-Focused Tokens

更广泛地旋转到AI和以Infra为中心的令牌

$VVV may be at the head of the pack, but it hardly runs alone. Tokens like $LAYER and $HOOK have seen mounting interest and an inflow of capital, too. Both are linked to infrastructure layers that, in the case of both tokens, aim to serve the next generation of decentralized applications, especially those driven by AI.

$ vvv可能位于背包的头上，但几乎不单独运行。 $ layer和$ hook之类的令牌也看到了不断增长的兴趣和资本流入。两者都与基础架构层相关联，在两个令牌的情况下，旨在为下一代分散的应用程序，尤其是由AI驱动的应用程序服务。

$LAYER is all about a modular, scalable, global compute layer. It’s letting developers build highly customized, high-performance environments. And at the same time, it lets those developers rely on standard primitives, or building blocks, for the kinds of applications they’re creating.

$ layer全是模块化，可扩展的全局计算层。它让开发人员构建高度定制的高性能环境。同时，它使这些开发人员可以依靠标准原始图或构建块来创建的各种应用程序。

These assets reflect a more extensive market understanding: as AI becomes further incorporated into our digital existences, the infrastructure underpinning it has to be decentralized, resilient, and open. The platforms that furnish this backbone seem most primed to gain, both in user numbers and in goodwill from investors.

这些资产反映了更广泛的市场理解：随着AI进一步纳入我们的数字存在，基础设施的基础设施必须是分散，弹性和开放的。在用户数量和投资者的善意方面，提供这种骨干的平台似乎最能获得收益。

From Speculation to Substance: Real Utility Becomes the Key Driver

从猜测到实质：真正的实用程序成为关键驱动程序

Right now, more than just another hype cycle is happening. With the platforms like Venice rising and the tokens that power them, the crypto market is showing signs of maturing. The way things are playing out, the story is shifting from a purely speculative rotation into something that’s more about real, long-term sustained use cases.

目前，不仅仅是发生了另一个炒作周期。随着威尼斯崛起和为它们供电的代币等平台，加密货币市场正在显示成熟的迹象。事情的播放方式，故事正在从纯粹的投机旋转转变为更多关于真实，长期持续用例的事物。

Platforms providing decentralized AI that can’t be censored, is accessible to everyone, and are able to capture their economic value on-chain, are something I’m increasingly seeing as a very important component of the modern digital world. In that context, we’re looking at tokens like $VVV not as ephemeral, here-today-and-gone tokens, but as basic building blocks of an economic layer for decentralized AI.

我越来越将其视为现代数字世界的非常重要的组成部分，提供了分散的AI的平台，每个人都无法审查，每个人都可以访问其经济价值。在这种情况下，我们正在考虑像$ vvv这样的代币，而不是短暂的，在这里 - today and-gone令牌，而是分散AI的经济层的基本构建基础。

If the current momentum continues, expect further inflows into tokens that are based around AI and those that are in the infrastructure layer. These tokens have not only good fundamentals, but they also have the kinds of good fundamentals that are leading to them having a user base that is growing quickly. So these tokens, in particular, are not just winning “mindshare”; they are well on their way to winning “market share” as well.

如果当前的动量继续下去，预计会进一步流入基于AI和基础架构层的代币。这些代币不仅具有良好的基础知识，而且它们的基本原理也使他们拥有迅速增长的用户群。因此，尤其是这些令牌不仅是赢得“思维舞”。他们也正在赢得“市场份额”。

Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency or investing in any services.

披露：这不是交易或投资建议。在购买任何加密货币或投资任何服务之前，请务必进行自己的研究。

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