Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI.

If you’ve been tracking the AI x Crypto wave, it’s felt like living through a full economic cycle in the span of months. It started with projects like Truth Terminal (GOAT) and quickly cycled through a series of booms and busts. Each cycle packed a mini rise-and-fall narrative into weeks.

To outsiders, it looks chaotic — like an onchain fish market where people are inexplicably paying premiums for "cutting-edge" tech. But this is how crypto markets always work: in the short term, they reward projects that market novelty well. Over time, though, substance wins out.

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