The market value of the tokens of the Solana ecosystem AI hackathon-related projects initiated by SendAI is nearly US$500 million, and the median market value is US$1.7 million

Pine Analytics, an on-chain analysis and research institution, published a document on the The median market cap is $1.7 million; 13 tokens have a market cap of over $10 million, and 42 tokens have a market cap of over $1 million. It is worth mentioning that at the beginning of November 2024, there were only 9 token projects with a total market value of only $12 million. Today, two months later, this data has grown significantly. The top five coins by market capitalization are: - SEND ($88 million) - @joinfxn ($72 million) - @bongocatAI ($44 million) - @neur_sh ($39 million) - @KiraKuruAI ($19 million) Additionally, tooling and infrastructure projects are less likely to issue tokens, while agents and applications are more likely to launch tokens.