FET and NEAR Show Strength as Capital Rotates After AI Disruptions

FET price climbed 4.3 percent to $0.1799 on June 29 2026 as $2.87 billion moved into AI token projects. NEAR protocol held 44 percent of related fund

Dipendra Singh

— 2 min read
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FET and NEAR Show Strength as Capital Rotates After AI Disruptions

Hero: Digital visualization of capital flowing from centralized AI platforms into blockchain-based AI crypto tokens like FET and NEAR, with glowing network nodes and upward price charts in a stormy June 2026 market backdrop

Summary

  • FET price climbed 4.3 percent to $0.1799 on June 29 2026 as $2.87 billion moved into AI token projects.
  • NEAR protocol held 44 percent of related fund holdings despite an 8.5 percent drop on June 26 amid broader sector pressure.
  • Centralized AI setbacks in June 2026 triggered fresh rotation into AI crypto assets including the Artificial Superintelligence Alliance.

Artificial Superintelligence Alliance token FET posted a 4.3 percent gain to $0.1799 on June 29 2026. The move followed roughly $2.87 billion in fresh inflows to AI-linked crypto projects after major centralized AI disruptions and an OpenAI IPO delay hit the sector.

The timing points to investors shifting capital toward decentralized alternatives. FET 24-hour trading volume reached $54.46 million according to CoinGecko data. Even as the token posted a 10.9 percent daily decline on that snapshot.

Market Context

Centralized AI news set the stage. A major model shutdown and postponed IPO in traditional AI markets prompted traders to reassess exposure. Capital began moving away from stocks and toward tokens tied to onchain AI infrastructure.

Bitcoin faced choppy summer conditions as investors favored AI equities over crypto, notes K33 Research. This environment created space for AI crypto projects to demonstrate relative strength when inflows returned.

Details

FET performance aligned with the inflows reported by CoinMarketCap on June 29 2026. The token benefited directly from the sector-wide move into AI-linked assets.

NEAR protocol absorbed some of the same rotation. It fell 8.5 percent on June 26 during the initial sector decline yet still accounted for 44 percent of holdings in the associated AI and crypto fund tracked by CoinMarketCap.

Data from Forbes and Changelly place the Artificial Superintelligence Alliance in focus for price action and longer-term forecasts. Near-term moves remain tied to inflow momentum rather than fundamentals alone.

"FET gained 4.3% to $0.1799, highlighted as a beneficiary of approximately $2.87 billion in AI token inflows."

, CoinMarketCap (https://coinmarketcap.com/cmc-ai/artificial-superintelligence-alliance/latest-updates/)

Outlook

Traders will watch whether the $2.87 billion inflow level holds through July. They will also watch whether NEAR protocol can convert its fund weighting into sustained FET price support. Further centralized AI volatility could accelerate the rotation already underway.

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