Why did the price of FET go up?

Artificial Superintelligence Alliance (FET) increased by 11.17% in the past 24 hours, outperforming the overall crypto market, which rose by 4.74%. This comes after a significant decline of 62% over the last 30 days. The main factors behind this rise are:

1. Progress in Legal Settlement – FET and Ocean Protocol are close to resolving a dispute involving $120 million worth of FET tokens, which is a positive sign.
2. Oversold Technical Indicators – The Relative Strength Index (RSI) is at 29, suggesting the token might be due for a rebound, though this is not guaranteed.
3. Market Recovery Signs – While the crypto market is still cautious (fear & greed index shows "Fear"), some alternative coins are starting to rally.

Deep Dive

1. Legal Dispute Resolution (Positive Outlook)

Overview:
Fetch.ai and Ocean Protocol are nearing an agreement to settle a disagreement over 286 million FET tokens, valued at $120 million, that Ocean Protocol allegedly sold during the end of their partnership (source). Fetch.ai’s CEO, Humayun Sheikh, suggested dropping legal claims if Ocean returns these tokens. The formal agreement is expected by October 27.

Why this matters:

• Less selling pressure: If Ocean returns the tokens, it reduces the risk of them selling more FET tokens, which could have pushed the price down.
• Better investor confidence: Clearing up legal uncertainties can help stabilize FET’s value, especially after it dropped 93% from its peak earlier this year.

What to watch:

• Whether Ocean Protocol returns the tokens by October 27.
• How Binance responds, especially if they relist Ocean tokens, which could affect FET’s trading volume and liquidity.

2. Oversold Technical Rebound (Mixed Signals)

Overview:
On November 5, FET’s RSI (a measure of whether an asset is overbought or oversold) dropped to 29.31, the lowest since June 2025. Additionally, the MACD indicator showed a slight positive shift, hinting at short-term upward momentum.

What this means:

• Traders might see this as a chance to buy FET at a discount since it’s trading 65% below its average price over the past 200 days ($0.64).
• However, there is resistance at the 7-day Simple Moving Average (SMA) of $0.2378. Breaking above this level would be a stronger sign of recovery.

Conclusion

FET’s recent price increase reflects optimism about resolving legal issues and some technical buying interest. However, broader market challenges, like Bitcoin’s dominance at nearly 60% and a low altcoin season index (25/100), could limit further gains.

Key points to monitor:

• Can FET maintain a price above $0.22 if the Ocean Protocol settlement goes through?
• Watch for trading volume changes and whether FET breaks above the $0.2378 SMA to confirm a positive trend.

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What could affect the price of FET?

FET is facing a challenging mix of alliance conflicts, legal issues, and changes in the AI crypto market.

1. Alliance Stability – Ocean Protocol’s departure and ongoing legal disputes are putting pressure on FET’s token value (bearish)
2. Paal Merger Vote – A community vote in late November could increase FET’s supply by 5.6%, with mixed effects
3. Technical Indicators – Oversold signals suggest potential for a bounce, but bearish trends remain (neutral)
4. Market Trends – AI-focused cryptocurrencies like FET are underperforming as competitors like Bittensor gain ground (bearish)

Deep Dive

1. Alliance Governance Risks (Bearish Impact)

What’s happening:
Ocean Protocol converted a large amount of its tokens into FET—worth about $120 million—before leaving the Artificial Superintelligence Alliance (ASI Alliance) in October 2025. This move has led to accusations of misuse of alliance funds. Following this, FET’s price dropped sharply, losing 92% from its peak of $3.11 in 2024. Binance also stopped accepting OCEAN deposits, adding selling pressure.

Why it matters:
The legal dispute (Bubblemaps) remains unresolved, and Ocean Protocol might be forced to buy back FET tokens, which could keep the supply high and weigh on the price. Additionally, with many OCEAN tokens still unconverted and spread across thousands of wallets, trust in the alliance’s management is low, potentially slowing down new partnerships.

2. Paal Merger Proposal (Mixed Impact)

What’s happening:
From November 18 to 23, the community will vote on merging Paal’s 1 billion tokens into FET at a ratio of 6.24 Paal tokens for 1 FET. This would create 160 million new FET tokens, increasing the total supply by 5.6%. The new tokens would come with 5% staking rewards and a 180-day vesting period.

Why it matters:
This merger aims to expand FET’s AI chatbot features on platforms like Telegram and Discord (ASI_Alliance). However, the immediate increase in token supply and the conversion price of $0.25 per FET (slightly below the current price) might discourage Paal holders from supporting the merger. The success of this move depends on how well the combined product offerings perform after the merger.

3. Technical & Market Dynamics (Neutral Impact)

What’s happening:
FET is trading well below its 200-day average price ($0.64), with an RSI (Relative Strength Index) of 29.4, indicating it is oversold. However, interest in derivatives has dropped by 23% month-over-month, and funding rates have turned slightly negative.

Why it matters:
The $0.15 price level could act as a last support before a potential further drop. If FET’s price rises above the 7-day moving average ($0.237), it might trigger short sellers to cover their positions, possibly pushing the price up temporarily. Still, Bitcoin’s strong market dominance (59.9%) and overall market fear (CoinMarketCap sentiment index at 20/100) limit the chances for altcoins like FET to rally significantly.

Conclusion

FET’s future price depends heavily on resolving alliance disputes, the outcome of the Paal merger vote, and Bitcoin’s market influence. While technical indicators suggest a possible short-term rebound, ongoing challenges in the AI crypto sector and risks from increased token supply create a risk of further declines. The team’s ability to regain developer confidence through the upcoming ASI Chain DevNet launch (Oct 25 update) will be crucial for FET’s recovery before the end of the year.

What are people saying about FET?

The FET community is navigating merger challenges, positive market signals, and a $10,000 AI hackathon. Here’s what’s trending:

1. Alliance drama – Ocean Protocol’s exit sparks debate, but FET’s CEO gains respect 🛡️
2. Technical optimism – Traders are eyeing a potential 5,000% rally if $0.35 support holds 📈
3. Real-world partnerships – Collaborations on neurodiversity projects add practical value 🌍
4. Bearish pressure – Sellers are testing $0.7050 as FET’s price consolidates 📉

Deep Dive

1. @ASI_Alliance: ETHGlobal NY AI Hackathon Launch bullish

"Awarding $10K for best ASI:One, Agentverse, and Ocean Protocol builds"
– @ASI_Alliance (96.9K followers · 12.3K impressions · August 9, 2025)
View original post
What this means: This $10,000 prize encourages developers to build on FET’s platform, which could lead to wider use of its AI agent tools over time.

2. @enesonchain: Ocean Protocol Exit Fallout mixed

"Ocean sold $120M FET post-merger, but CEO transparency wins Crypto Twitter’s support"
– @enesonchain (43.2K followers · 8.9K impressions · October 22, 2025)
View original post
What this means: Ocean Protocol’s large sale of FET tokens caused some concern among investors, with FET’s price dropping 3.2% after the news. However, the CEO’s open communication helped ease worries and maintain community trust.

3. Community Post: Macro Channel Breakout Thesis bullish

"FET’s 2020-2024 pattern suggests $24 target if $0.35 holds – mirroring prior 15,600% rallies"
– Anonymous trader (Posted August 5, 2025)
What this means: Some traders are buying near the current $0.22 price, betting that FET will repeat past big gains if it stays above $0.35. If the price falls below $0.35, this optimistic outlook would be invalidated.

4. @cottonxbt: Neurodiversity Partnership neutral

"FET’s alliance with 0xy’s mental health project highlights non-speculative use cases"
– @cottonxbt (31.5K followers · 4.2K impressions · September 25, 2025)
View original post
What this means: This partnership shows FET’s potential beyond just trading and price speculation, focusing on real-world applications like mental health. The immediate impact on the market is still uncertain.

Conclusion

The outlook for FET is mixed, balancing challenges from the recent merger and token sales with progress in AI development. While some traders see strong long-term growth potential, recent selling pressure and ecosystem changes suggest caution. Keep an eye on the ASI Chain DevNet rollout—its adoption by developers could confirm FET’s role in decentralized AI technology.

What is the latest news about FET?

FET is navigating a challenging split from its alliance and ongoing legal disputes, while showing signs of trying to recover. Here are the key updates:

1. Settlement Talks Begin (October 25, 2025) – Fetch.ai has offered to drop lawsuits if Ocean Protocol returns $120 million worth of FET tokens.
2. Ocean Protocol Denies Token Theft (October 27, 2025) – Ocean strongly rejects Fetch.ai’s claims, escalating the legal conflict.
3. Alleged $100 Million FET Token Dump (October 21, 2025) – On-chain data suggests Ocean moved a large amount of FET tokens to exchanges.

In-Depth Look

1. Settlement Talks Begin (October 25, 2025)

What Happened
Fetch.ai proposed that Ocean Protocol return 286 million FET tokens, valued at about $120 million, to settle their legal dispute. Fetch.ai’s CEO, Humayun Sheikh, confirmed this offer is on the table but still needs formal paperwork. Analysts tracking blockchain activity noticed that 661 million OCEAN tokens were converted into FET, with around 270 million FET tokens sent to exchanges like Binance.

Why It Matters
This offer could lead to a peaceful resolution, but it depends on Ocean Protocol’s response. If they agree, it might help stabilize FET’s price, which has already seen a 10% rebound this week, and rebuild investor confidence. If talks fail, the legal battle could drag on, causing more selling pressure on FET. (Cointribune)

2. Ocean Protocol Denies Token Theft (October 27, 2025)

What Happened
Ocean Protocol called Fetch.ai’s accusations “libelous,” stating that the 270 million OCEAN tokens are still held in wallets controlled by the community. Ocean also claimed that Fetch.ai did not meet its contractual obligation to add 110.9 million FET tokens into a bridge contract.

Why It Matters
This denial adds more uncertainty and keeps FET’s price unstable—it has dropped 62% over the past month. Investors are now waiting for legal decisions that could influence how partnerships and disputes are handled in the crypto space. Ocean’s plan to buy back OCEAN tokens adds another layer of complexity. (Yahoo Finance)

3. Alleged $100 Million FET Token Dump (October 21, 2025)

What Happened
Blockchain analytics firm Bubblemaps reported that Ocean Protocol exchanged 661 million OCEAN tokens for 286 million FET tokens (worth about $191 million based on July prices) and then moved 270 million FET tokens to exchanges. After this news, FET’s price fell 52% in two weeks but has since recovered 22% this week.

Why It Matters
This large token sale likely contributed to FET’s recent price drop but may also have created a chance for a price rebound. Traders are now closely watching token movements on exchanges and Ocean’s treasury actions for clues about future price trends. (AMBCrypto)

Conclusion

The near-term future of FET depends heavily on the outcome of legal proceedings and how Ocean Protocol manages its tokens. Although the split between the two projects has hurt market confidence, recent price gains show some investors are hopeful for a resolution. The big question remains: will Fetch.ai’s settlement offer bring this dispute to an end, or will ongoing arbitration keep FET’s future uncertain?

What is expected in the development of FET?

The Artificial Superintelligence Alliance (FET) has a clear roadmap centered on building decentralized AI infrastructure, growing its ecosystem, and forming strategic partnerships.

1. ASI Chain TestNet Launch (Q4 2025) – Moving from a private developer network to a public test environment.
2. Agentic Discovery Hub (Q4 2025) – Tools powered by AI to evaluate projects and support investment decisions.
3. Cross-Chain MeTTa Integration (2026) – Making their AI programming language work across multiple blockchain platforms.

Deep Dive

1. ASI Chain TestNet Launch (Q4 2025)

Overview:
The alliance is developing ASI Chain, a decentralized Layer 1 blockchain designed specifically for AI applications. They launched a closed beta called DevNet in October 2025 (source). The upcoming TestNet will open this environment to the public, allowing developers to build and test AI agents and decentralized apps (dApps). This blockchain is modular, meaning it can support complex AI-driven economies and connect with other blockchains.

What this means:
This is a positive sign for FET because it could attract more developers to create AI-based solutions, increasing the network’s usefulness. However, if the TestNet faces delays or technical issues, it might temporarily affect confidence in the project.

2. Agentic Discovery Hub (Q4 2025)

Overview:
Singularity Finance, the decentralized finance (DeFi) branch of the alliance, plans to launch the Agentic Discovery Hub in late 2025 (MEXC News). This platform will use AI-powered dashboards to help users evaluate projects and employ autonomous agents to simplify investment decisions.

What this means:
This development could increase demand for FET by combining DeFi with AI-driven tools for smarter financial choices. Still, its success depends on whether users trust these autonomous agents to manage investments effectively.

3. Cross-Chain MeTTa Integration (2026)

Overview:
The alliance is working on making MeTTa, their AI programming language, compatible across different blockchain networks like Ethereum and Solana. This cross-chain integration aims to unify how smart contracts operate across multiple platforms.

What this means:
If successful, FET could become a key player in supporting AI applications that work across various blockchains. However, this is technically challenging and faces competition from other AI frameworks.

Conclusion

The Artificial Superintelligence Alliance is focusing on three main areas: building a strong AI blockchain infrastructure (ASI Chain), creating useful ecosystem tools (Agentic Discovery Hub), and enabling interoperability across blockchains (MeTTa). Despite some uncertainty caused by Ocean Protocol’s recent exit, FET remains committed to blending AI with blockchain technology. The big question is how quickly the alliance can attract developers to keep the ecosystem strong and unified.

What updates are there in the FET code base?

Recent updates focus on building decentralized AI infrastructure and tools.

1. ASI-1 Mini LLM Launch (Early 2025) – A lightweight, Web3-friendly language model designed to run on everyday devices.
2. Agentverse & MeTTa Upgrades (August 2025) – Improved developer tools for deploying AI agents across multiple blockchain networks.
3. CUDOS Compute Integration (October 2024) – Connecting decentralized GPU and CPU resources to support AI tasks.

Deep Dive

1. ASI-1 Mini LLM Launch (Early 2025)

Overview: ASI-1 Mini is a flexible large language model that works efficiently on regular consumer hardware while staying compatible with Web3 technologies. This means AI can run directly on your device without needing centralized cloud services.

The update includes smart model compression tailored to hardware and automated workflows for AI agents. Developers can now create AI agents that handle complex tasks—like financial trading or supply chain management—with faster response times.

What this means: This is positive for Artificial Superintelligence Alliance (FET) because it makes it easier for developers to build decentralized AI apps. As a result, demand for FET tokens, which power these AI agents, could increase. (Source)

2. Agentverse & MeTTa Upgrades (August 2025)

Overview: Agentverse now supports AI agents working across different blockchains such as Ethereum, Cosmos, and Solana. MeTTa, the system’s language for AI reasoning, has been optimized for better performance.

New software development kits (SDKs) allow developers to create token-restricted APIs and find AI agents based on reputation. A $10,000 developer prize at ETHGlobal NY 2025 helped boost interest and adoption.

What this means: These improvements make it easier to build AI services that work across various blockchains, increasing the use of FET tokens within the ecosystem. (Source)

3. CUDOS Compute Integration (October 2024)

Overview: The ASI stack now includes CUDOS’ decentralized computing network, giving FET users access to shared GPU and CPU power for AI training and inference.

This required updates to the protocol to manage workflows and smart contracts for allocating resources. Validators must stake FET tokens to secure both AI operations and compute resources.

What this means: While the integration is complex and may cause short-term challenges, it’s promising long-term. It positions FET as a token that supports both AI services and decentralized infrastructure. (Source)

Conclusion

The Artificial Superintelligence Alliance is advancing on three fronts: improving AI models (ASI-1), enhancing developer tools (Agentverse/MeTTa), and adding decentralized computing power (CUDOS). Even though FET’s price has dropped 82% year-over-year, growing developer activity suggests these upgrades could drive renewed demand for the network.