Why did the price of FET go up?

Artificial Superintelligence Alliance (FET) increased by 4.77% in the last 24 hours, outperforming the overall crypto market, which rose 3.99%. This gain partly offsets a 52% drop over the past month. The main reasons for this uptick include progress in settling a $120 million token dispute and technical indicators suggesting the coin is oversold.

1. Legal Settlement Progress – Fetch.ai and Ocean Protocol are close to agreeing on returning 286 million FET tokens (worth about $120 million), which should reduce selling pressure.
2. Oversold Technical Setup – The Relative Strength Index (RSI) at 33.27 indicates the coin might bounce back after being heavily sold.
3. Market-Wide Recovery – A surge in crypto trading volume to $148 billion (up 76% in one day) helped lift AI-related tokens.

Deep Dive

1. Legal Settlement Progress (Positive for FET)

Overview: Fetch.ai and Ocean Protocol are nearing a deal to resolve a dispute over 286 million FET tokens (valued at $120 million). These tokens were reportedly sold by Ocean Protocol after leaving the Artificial Superintelligence Alliance in October 2023. Fetch.ai’s CEO, Humayun Sheikh, confirmed a formal proposal to recover these tokens. GeoStaking, the mediator, expects the resolution could be finalized by October 25.

Why this matters:

• Returning these tokens, which make up about 12% of FET’s circulating supply, would reduce the risk of further dilution and show stronger governance.
• This settlement would remove a major selling pressure. Since August, wallets linked to Ocean Protocol moved around 270 million FET tokens to exchanges like Binance and GSR, contributing to the 52% monthly price drop (Cointribune).

What to watch: Confirmation that the tokens are returned and updates on the circulating supply.

2. Technical Rebound Potential (Mixed Signals)

Overview: On October 25, FET’s RSI (a measure of momentum) hit 33.27, close to the oversold threshold of 30, suggesting the coin may be undervalued. Additionally, the MACD histogram, another momentum indicator, turned positive for the first time since mid-October.

What this means:

• When the RSI moves out of oversold territory, FET has historically bounced back by 15-20% within a few days (like in July 2025).
• The MACD shows growing bullish momentum, but the price ($0.275) is still below the 30-day moving average ($0.413), indicating the recovery is fragile.

Key level to watch: If FET closes above $0.28 (a recent pivot point), it could aim for $0.30.

3. Sector Rotation into AI Tokens (Neutral Impact)

Overview: AI-focused tokens such as FET (+4.77%), TAO (+30% weekly), and ENA (+27%) have rebounded as traders shift their focus to these narrative-driven assets. The crypto Fear & Greed Index moved from “Fear” (36) to “Neutral” (42) within 24 hours.

What this means:

• FET’s 73% increase in 24-hour trading volume ($108 million) reflects growing investor interest and risk appetite.
• However, AI tokens are still considered high-risk. Over the past 90 days, FET has underperformed the broader market by 57%, showing ongoing doubts about the execution of the ASI alliance.

Conclusion

FET’s recent rebound is driven by short-covering, progress in the legal dispute, and positive sector momentum. However, its future depends on finalizing the token settlement and maintaining support above $0.28. Key points to watch: Ocean Protocol’s official response by October 26 and whether FET can hold above its 7-day moving average ($0.258).

What could affect the price of FET?

FET's future depends on the stability of its alliance, how widely AI technology is adopted, and overall market conditions.

1. Alliance Issues – Ocean Protocol leaving and selling $120 million in FET tokens puts short-term pressure on the price.
2. CUDOS Merger – A planned merger could increase decentralized computing power by 50%.
3. Technical Signals – The token is oversold with strong support around $0.25.

In-Depth Analysis

1. Alliance Stability Problems (Negative Impact)

What happened:
In October 2025, Ocean Protocol left the Artificial Superintelligence Alliance (FET), causing FET’s price to drop 52% from $0.55 to $0.27. Data shows Ocean Protocol converted 661 million OCEAN tokens into 286 million FET tokens (worth about $120 million) between August and October, increasing FET’s circulating supply by 12%. There is ongoing legal arbitration over whether Ocean Protocol violated merger agreements (source).

Why it matters:
This sudden increase in supply and the broken partnership hurt FET’s image as a unified AI alliance. Since 270 million OCEAN tokens have not yet been converted, more selling pressure could continue until the legal issues are resolved.

2. CUDOS Compute Merger (Positive Impact)

What’s coming:
A community vote ending September 24, 2024, will decide if CUDOS merges with FET. If approved, it will add over 10 billion GPU cycles per month through decentralized nodes, increasing ASI’s computing power by 50%. The merger will introduce 88.9 million new FET tokens (a 3.7% increase in supply) with a vesting period of 3 to 10 months, funded by a 5% conversion fee.

Why it matters:
Although adding new tokens can dilute value, this merger positions FET as a decentralized alternative to NVIDIA. CUDOS offers high-performance GPUs at about half the cost of Amazon Web Services (AWS). This could attract AI developers looking for affordable computing power, increasing FET’s real-world use.

3. Technical and Market Sentiment (Mixed Impact)

Current status:
FET is trading at $0.27, which is 92% below its all-time high of $3.22. Key technical indicators include:

• RSI (Relative Strength Index) at 33.27, indicating the token is oversold.
• Strong support at $0.25 based on Fibonacci retracement levels.
• Daily trading volume of $105 million, up 68% from last week.

What this means:
These signs suggest the market may have bottomed out, but overall crypto sentiment remains cautious (Fear & Greed Index at 42/100). If the price falls below $0.25, it could drop further to $0.15. However, progress on the ASI Chain DevNet (source) could help the price recover.

Conclusion

FET is at a critical point. It needs to resolve the fallout from Ocean Protocol’s exit and prove that its combined AI and computing platform can generate value. The $0.25 price level is key—will the benefits from the CUDOS merger outweigh the damage from alliance issues? Watch FET’s volatility over the next 30 days (currently 67%, compared to the sector average of 48%) for clues on which way it might go.

What are people saying about FET?

The community around Artificial Superintelligence Alliance (FET) is divided between optimistic price predictions and concerns about recent merger issues. Here’s what’s trending:

1. Technical analysts are excited about a potential big price breakout with targets around $24.
2. There’s concern over Ocean Protocol selling $120 million worth of FET tokens after the merger.
3. The launch of ASI Chain’s DevNet beta is boosting hopes for decentralized AI development.

In-Depth Look

1. Bullish Signs from Technical Analysis

A popular analyst on CoinMarketCap points out that FET’s price is back in a range it traded between 2020 and 2024. Historically, this range has been followed by huge price increases—up to 15,600%. The analyst suggests that if FET can hold above $0.35, it could reach $24.

• Current price (as of October 27, 2025) is $0.274, which is about 55% below the $0.35 support level mentioned.
• This means while the setup looks promising, the price still needs to recover to confirm the bullish trend.
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2. Concerns Over Token Dump After Merger

After the merger involving Ocean Protocol and FET, Ocean Protocol reportedly sold $120 million worth of FET tokens through over-the-counter (OTC) and centralized exchanges. This has raised worries about too many tokens flooding the market, which can push prices down.

• The founders have been open about the situation and are trying to manage the fallout transparently.
• Despite this, some investors remain cautious about the impact on FET’s price and overall project stability.
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3. ASI Chain DevNet Beta Launch Sparks Optimism

The ASI Alliance recently launched the closed beta version of its DevNet, which is a testing environment for developers. This is an important step toward building decentralized AI infrastructure by combining technologies from Fetch.ai, SingularityNET, and Ocean Protocol.

• This progress could prove the long-term usefulness of the ASI project beyond just token trading.
• It shows real development activity, which often builds confidence among investors and users.
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Summary

Opinions on FET are mixed. On one hand, there’s excitement about its potential in AI infrastructure and promising technical setups. On the other, concerns about the large token sale after the merger highlight risks related to project governance and token economics.
Keep an eye on the $0.35 price level: holding above it could trigger buying momentum, while falling below might reveal weaknesses in the merger’s financial structure.

What is the latest news about FET?

FET is currently involved in a $120 million token dispute but is working toward a possible settlement. Here’s the latest update:

1. Legal Settlement Offer (October 25, 2025) – Fetch.ai proposes ending the lawsuit if Ocean Protocol returns $120 million worth of FET tokens.
2. Token Selling Allegations (October 21, 2025) – Ocean Protocol is accused of selling large amounts of FET tokens on exchanges, causing price swings.
3. Alliance Withdrawal Impact (October 16, 2025) – Ocean Protocol’s exit from the Artificial Superintelligence Alliance (ASI) led to a 52% drop in FET’s price.

In-Depth Look

1. Legal Settlement Offer (October 25, 2025)

Summary:
Fetch.ai has offered to drop its lawsuit against Ocean Protocol if Ocean returns 286 million FET tokens, valued at about $120 million, which were allegedly sold during their merger. Fetch.ai’s CEO, Humayun Sheikh, confirmed this offer during an X Spaces session. Mediators hope to reach a resolution by October 24. Blockchain analytics firm Bubblemaps tracked these tokens to Binance and GSR Markets.

Why it matters:
If this deal goes through, it could be good news for FET holders because it would remove legal uncertainty and reduce selling pressure on the token. However, if the dispute continues, it could keep the market unsettled. (Cointribune)

2. Token Selling Allegations (October 21, 2025)

Summary:
Bubblemaps reported that Ocean Protocol converted 661 million OCEAN tokens into 286 million FET tokens (worth about $191 million at the time) and moved roughly 270 million FET tokens to exchanges between August and October. Fetch.ai’s CEO called this a possible “rug pull,” a term used when a project suddenly sells off tokens, but Ocean denies any wrongdoing.

Why it matters:
This news hurt trust in the short term and increased selling pressure, causing FET’s price to drop 52% after the information came out. The long-term outlook depends on whether Ocean Protocol improves transparency. (AMBCrypto)

3. Alliance Withdrawal Impact (October 16, 2025)

Summary:
Ocean Protocol left the Artificial Superintelligence Alliance (ASI) on October 9, which caused FET’s price to fall 52% to $0.27 by October 21. Binance also stopped accepting OCEAN deposits, raising concerns about liquidity.

Why it matters:
This is a negative development because the split weakens the ASI’s vision of decentralized AI. FET’s price has dropped 93% from its high of $3.22, showing that investor confidence has been shaken. (Yahoo Finance)

Conclusion

FET’s future depends on whether the legal dispute can be resolved and how the fallout from the alliance split plays out. While a settlement could help stabilize prices, the overall trust in the project remains uncertain. Will Fetch.ai’s efforts to be transparent be enough to overcome the $120 million token dispute?

What is expected in the development of FET?

Artificial Superintelligence Alliance (FET) is making progress in building decentralized AI infrastructure with these key developments:

1. ASI Chain TestNet (2025–2026) – Launching after the DevNet beta to support growing AI agent economies.
2. Agentic Discovery Hub (Q4 2025) – Tools for evaluating AI projects and directing funding.
3. Cross-Chain MeTTa Integration (2026) – Enhancing smart contract compatibility across different blockchains.

In-Depth Look

1. ASI Chain TestNet (2025–2026)

Overview
The ASI Chain DevNet closed beta started on October 25, 2025, giving developers early access to test features like AI agent coordination and decentralized computing (ASI Alliance). The upcoming TestNet, expected by late 2025 or early 2026, will focus on improving the blockchain’s modular design to better support AI agent economies, cross-chain communication, and decentralized governance.

What this means
This is a positive sign for FET, as it could attract developers to create AI-powered decentralized apps (dApps), increasing the platform’s usefulness. However, there are risks such as possible delays in development or competition from centralized AI services.

2. Agentic Discovery Hub (Q4 2025)

Overview
Singularity Finance, the decentralized finance (DeFi) branch of ASI, plans to launch the Agentic Discovery Hub in the fourth quarter of 2025. This platform will offer key performance indicator (KPI) dashboards and autonomous agents to help users find and fund promising AI projects (MEXC News).

What this means
This hub could increase FET’s adoption by connecting investors with impactful AI initiatives. Success will depend on users trusting the decentralized governance model and the process for evaluating projects.

3. Cross-Chain MeTTa Integration (2026)

Overview
ASI is working on making MeTTa, its native smart contract language, compatible across multiple blockchains. This will allow AI agents to interact seamlessly across different blockchain networks.

What this means
This development is somewhat positive, as better interoperability can broaden FET’s applications. Still, the complexity of development and competition from other blockchain interoperability projects like Polkadot and Cosmos could pose challenges.

Conclusion

The Artificial Superintelligence Alliance is focusing on building strong infrastructure (ASI Chain) and useful ecosystem tools (Agentic Discovery Hub) to establish FET as a key player in decentralized AI. While these technical milestones could encourage wider adoption, risks related to execution and market conditions remain. Additionally, with Ocean Protocol recently leaving the alliance, it’s uncertain how ASI will adjust its roadmap to continue supporting its vision for decentralized AI.

What updates are there in the FET code base?

Artificial Superintelligence Alliance is improving its decentralized AI platform with important software updates.

1. ASI Chain DevNet Launch (October 25, 2025) – Early access to a new decentralized AI blockchain for developers.
2. ASI-1 Mini Optimization (Recent) – Better AI agent performance through smarter use of hardware.
3. Token Migration Infrastructure (2024–2025) – Making it easier to use and manage FET/ASI tokens across different blockchains.

Deep Dive

1. ASI Chain DevNet Launch (October 25, 2025)

Overview:
The Alliance has opened a test version of its new decentralized blockchain called ASI Chain. This is designed for developers and node operators to start building and testing. It includes basic tools like a blockchain explorer (to view transactions), a web wallet (to manage tokens), and a faucet (to get test tokens).

What this means:
This is good news for FET because it speeds up the development of AI-focused apps on the blockchain. Developers can now create AI applications that are modular and decentralized. The DevNet is the first step before the TestNet, where more complex features like AI agents working together and cross-chain compatibility will be tested. (Source)

2. ASI-1 Mini Optimization (Recent)

Overview:
Recent software updates to ASI-1 Mini have made AI agents more efficient by automating how hardware resources are used and managing tasks better. This reduces the computing power needed.

What this means:
This update mainly helps developers by making the system more scalable and cost-effective. While it doesn’t directly impact FET’s value right now, it could encourage more projects to join the ecosystem, which is positive for long-term growth. For example, AI agents can now be used more easily in real-world scenarios like improving supply chains. (Source)

3. Token Migration Infrastructure (2024–2025)

Overview:
The team has updated the code to support cross-chain bridges and smart contracts that will combine tokens like AGIX, OCEAN, and CUDOS into FET (soon to be ASI).

What this means:
This is a positive development for FET because it unifies different tokens into one, making governance simpler and increasing liquidity (how easily tokens can be bought or sold). It also allows smooth token transfers across popular blockchains like Ethereum, Cosmos, and Binance Smart Chain, supporting ASI’s goal of working across multiple networks. (Source)

Conclusion

These updates strengthen FET’s position as a key player in decentralized AI. The launch of the DevNet and token migration improve how different systems work together, while the ASI-1 Mini upgrades make AI applications more practical. The big question is how these improvements will help FET compete with centralized AI platforms in the future.