AI Crypto Trio Drops 4.28%-2.46% on Mixed Signals, Institutional Gains

The cryptocurrency market in 2025 continues to witness a surge in AI-driven blockchain projects, with Render (RENDER), Internet Computer (ICP), and NEAR Protocol emerging as key players in the decentralized AI ecosystem. On July 29, technical indicators for these tokens revealed divergent market dynamics, reflecting broader uncertainty in the AI crypto space. Render closed at $3.94, down 4.28% for the day, with bearish signals from its Moving Average Convergence Divergence (MACD) at -0.0151, -0.0130, and -0.0021. The Relative Strength Index (RSI) of 38.39 indicated weak buyer interest, while stable trading volume underscored lackluster momentum [1].

Internet Computer, which closed at $5.45 (-2.71% from its previous price), displayed mixed signals. Its MACD readings of -0.0076, -0.0097, and 0.0021 pointed to mild negative momentum, though the RSI at 50.52 suggested a neutral stance. The asset’s moderate intraday volatility, with a high near $5.75 followed by a decline, highlighted inconsistent market sentiment [1]. NEAR Protocol, ending at $2.7116 (-2.46%), showed early bullish divergence in its MACD (0.0024 and 0.0026) and a stabilizing RSI of 44.92, hinting at potential reversal if momentum accelerates. However, its price retraced from a midday spike above $2.90, signaling cautious optimism [1].

Beyond technical analysis, structural developments in these projects have drawn investor attention. Internet Computer’s AI platform, Caffeine, launched in late June, has driven a 40% surge in ICP’s value over the past month. The platform allows developers to deploy AI models directly on-chain, leveraging decentralized compute infrastructure to reduce reliance on centralized cloud providers [2]. Meanwhile, NEAR Protocol has secured a foothold in institutional portfolios through its inclusion in Grayscale’s Decentralized AI Fund. This fund allocates capital to AI-native tokens, aiming to capitalize on blockchain’s role in scaling machine learning workloads across distributed networks [2]. Render, on the other hand, is tokenizing idle GPU capacity to democratize access to computational resources, with recent partnerships expanding its pool of available hardware for AI tasks [3].

Analysts note that while these projects are positioned as leaders in the AI crypto space, their long-term success hinges on real-world adoption of decentralized solutions. The recent rally in ICP and NEAR reflects optimism about addressing scalability and data privacy challenges in AI development. However, speculative trading in these tokens could exacerbate volatility, particularly if use cases fail to meet expectations [2]. The broader market’s uncertainty is evident in the mixed signals from technical indicators, with bearish trends in Render and Internet Computer contrasting NEAR’s tentative bullish divergence.

The intersection of AI and cryptocurrency remains in its early stages, with projects like Render, Internet Computer, and NEAR Protocol illustrating the potential for decentralized infrastructure to support next-generation machine learning models. Institutional investors and developers continue to experiment with these platforms, but measurable improvements in efficiency, security, and user adoption will determine their viability. As the sector evolves, market participants must balance innovation with caution, recognizing that the convergence of AI and blockchain is still maturing [1][2].

Sources:

[1] Best AI Coins to Invest in for 2025: Market Snapshot Highlights Render, Internet Computer, and NEAR Protocol (https://cryptonewsland.com/best-ai-coins-to-invest-in-for-2025-market-snapshot-highlights-render-internet-computer-and-near-protocol/)

[2] 12 Best Crypto to Buy Right Now — July 2025 (https://coincheckup.com/blog/best-crypto-to-buy/)

[3] Latest RENDER News, Opinions and Feed Today (https://www.binance.com/en/square/hashtag/RENDER)