Artificial Intelligence (AI)-related cryptocurrencies have seen a significant surge over the past day, as several new developments surrounding the AI ​​industry have sparked interest among investors.

near the protocol near the protocol (close), the largest AI coin by market cap, is up 6% in the past 24 hours, trading at $5.45 per coin at press time. internet computer internet computerICP), makes (makes), the applicant (Tao), and foot It achieved gains of 5.2%, 7.6%, 7.5% and 4%, respectively, in the same period.

Meanwhile, other AI codes Livepeer (LPT), virtual protocol (hypothetical), AI Rig Complex (ARC) and PAAL AI (PAAL) recorded much higher gains of 20.7%, 20.5%, 19.5% and 16.7%, respectively. All of these AI-related gains have helped push the total market cap of AI coins by 25% to $43.5 billion at the time of writing.

The artificial intelligence sector has soared after President-elect Donald Trump open White House advisory appointees who will work alongside the next AI and cryptocurrency czar, David Sacksto centralize AI policy and advance the nation's leadership in transformative technologies.

The announcement was made on my Truth Social website Supports December 23 included the appointment of Sriram Krishnan to the position of senior policy advisor for artificial intelligence, a newly created role within the White House Office of Science and Technology Policy.

Furthermore, Michael Kratsios was named director of OSTP, while Lynn Parker was named executive director of the Presidential Council of Advisors for Science and Technology — two offices that predated the Trump administration. Both Kratsios and Parker have previously played key roles in the development of the AI ​​industry in their respective positions.

The appointment of AI experts to key positions in the Trump administration is likely to boost investor confidence in the future of the AI ​​industry. AI-related crypto assets often see spikes in response to positive developments Bullish news Within the artificial intelligence sector.

Another key factor likely to support the recent rise in AI tokens is key funding advertisement From xAI, the artificial intelligence startup founded by billionaire Elon Musk. The company revealed on Monday that it had secured $6 billion in its latest financing round, bringing its total valuation to more than $40 billion.

xAI said the newly raised funds, which included participation from chipmaking giants NVIDIA and AMD, will be allocated to building advanced AI infrastructure and boosting the development of its flagship models.

like I mentioned By crypto.news Earlier, AI tokens previously reached an all-time high on November 28, following an exceptionally bullish quarterly sales report from AI chip maker giant Nvidia, which exceeded market expectations.