FET consolidates after ASI merger boosts AI interoperability and utility

FET, the utility token of the Artificial Superintelligence Alliance (ASI), has entered a consolidation phase following the merger of Fetch.ai, SingularityNET, and Ocean Protocol into a single decentralized AI network. The merged entity retains the FET ticker, aiming to unify AI resources and liquidity under one protocol. This strategic integration is expected to enhance computational efficiency, improve cross-chain interoperability, and expand the token’s utility scope [1]. FET currently trades at $0.6816, reflecting a -3.34% intraday decline, with a 7-day drop of -1.01%. Despite the recent correction, on-chain metrics show increased wallet activity and governance participation, signaling growing user confidence [1].

The merger has also triggered leadership changes within the ASI ecosystem, including the appointment of a new CEO, CTO, and President. These appointments are seen as part of a broader effort to scale AI interoperability and focus on key areas such as decentralized agent deployment, data sovereignty, and cross-chain compute orchestration [1]. The leadership overhaul is expected to accelerate the development of AI-powered blockchain infrastructure, aligning with the ASI’s vision of a unified AI network.

Technically, FET has been consolidating within the $0.67–$0.71 range, with a critical resistance level at $0.7052. A breakout above this level could trigger a move toward $0.75–$0.78, supported by long-term investor accumulation [1]. The token’s market capitalization stands at $1.77 billion, with a 24-hour trading volume of $104.4 million, ranking it 74 globally by market cap. The circulating supply of FET is 2.6 billion tokens, out of a maximum supply cap of 2.71 billion, leading to a fully diluted valuation of $1.85 billion [1].

The FET protocol is built on the Cosmos-SDK architecture with CosmWasm smart contract support, enabling advanced cryptographic and machine learning operations. Furthermore, FET serves as an interchain Layer 2 for Ethereum, facilitating seamless bridging between AI workloads and DeFi liquidity [1]. These technical foundations position FET as a key player in the AI-crypto convergence narrative, particularly in the context of decentralized AI infrastructure.

Meanwhile, the broader cryptocurrency market remains cautiously bullish, with Bitcoin trading above $116,000 and Ethereum above $4,330. Institutional interest in DePIN (Decentralized Physical Infrastructure) narratives, of which FET is a core component, is on the rise, reinforcing its relevance in AI-powered blockchain systems [1].

Despite the positive technical and strategic developments, FET faces a projected price decline of -43.37% in 2025, according to a forecast from Bitget [3]. While this projection highlights potential volatility, it is important to distinguish between speculative forecasts and actual market performance. Investors are advised to monitor key resistance levels and on-chain activity to gauge the token’s future trajectory.

Source: [1] Artificial Superintelligence Alliance (FET) Price. https://coinmarketcap.com/community/articles/68a3c0ce799f21195a47cd64/

[3] Artificial Superintelligence Alliance (FET) Price. https://www.bitget.com/price/artificial-superintelligence-alliance