The inaugural Solana AI hackathon recently concluded, with over 400 projects participating. The contest attracted attention to AI agents in the crypto industry, with multiple entrants already having tokens trading at millions of dollars in market cap. The winners will be announced later in January, and the total market capitalization of the hackathon tokens has exceeded $200 million. One project, FXN, briefly reached a market cap of $70 million and currently has around $44 million. AI agents tied to crypto tokens have gained popularity, and the hackathon highlights the competition in the industry. Many projects focus on creating an intelligent interface for the Solana ecosystem, particularly in trading and DeFi.



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