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SKYAI surges 44% as AI tokens rally, while ONDO drops 10% amid profit-taking in RWA tokens.

Market News
12 May 2026
Crypto news
Neutral
pluang ai news

SKYAI led the top 100 cryptocurrencies with a 44.45% gain, driven by growing interest in AI-related tokens amid a rising agentic AI narrative. Other AI-adjacent tokens like BUILDon and Humanity also posted strong gains, reflecting a market rotation from traditional real-world asset (RWA) and yield infrastructure tokens into AI-driven assets. Meanwhile, ONDO Finance’s token fell 10.28% despite positive news, as traders took profits and shifted capital to higher-momentum AI plays. This rotation highlights a broader trend of investors moving from established large-cap tokens to mid and small-cap tokens with higher growth potential in the crypto market.

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