Kraken promotes AI crypto

Today, Kraken published a post on its official X profile promoting some crypto AI. 

The post doesn’t say much, but it seems to be a kind of propaganda in favor of the AI crypto sector. 

🤖 AI on Kraken today pic.twitter.com/Fyucy1xmDn

— Kraken (@krakenfx) October 15, 2025

Kraken bets on the boom of AI crypto

The crypto AI are those tokens whose narrative is closely related to that of artificial intelligence. 

Some of these projects are indeed based on initiatives related to genuine artificial intelligence, while others are primarily linked to the AI narrative. 

The post by Kraken may seem harmless at first glance, but if you scroll through the comments, you’ll find there’s much more than just self-promotion. 

In fact, a commentator responded to Kraken asking if it is about to start a so-called “AI season,” and Kraken replied with LFG. 

LFG!!! pic.twitter.com/9kEiozBaBb

— Kraken (@krakenfx) October 15, 2025

LFG is an acronym that stands for “Let’s F***ing Go“, which is an exclamation indicating clear optimism about it. 

Indeed, there has long been speculation that in the event of an altcoin season, cryptos linked to the AI narrative could perform particularly well in this cycle. It should be noted that this is a purely speculative dynamic, primarily suitable for those engaged in trading, because in the long term it is possible that many crypto projects linked only to the AI narrative, and not to artificial intelligence itself, are destined to implode. 

The so-called “AI season” would be precisely the boom of cryptos linked to the AI narrative within perhaps a true altseason. 

Altseason: Myth or Reality?

At this precise moment, the altseason is still decidedly distant. 

In fact, the altcoin season index of CMC clearly indicates that at this moment it is more Bitcoin dominating the crypto markets rather than the altcoins. 

It should be noted that BTC alone capitalizes more than 2.2 trillion dollars, which is almost 60% of the entire capitalization of the crypto markets. 

In fact, excluding Ethereum and the stablecoin, the actual altcoins combined capitalize just over 1,000 billion, which is less than half of Bitcoin. 

This makes it clear how easy it is for Bitcoin to dominate the crypto markets, or at most Ethereum with its 500 billion market capitalization, while it is decidedly rarer for altcoins as a whole to dominate. 

Sometimes, however, it happens that altcoins dominate the crypto markets for relatively short periods, and in such cases, it is referred to as altseason. 

Kraken and AI crypto

Kraken is absolutely one of the most important crypto exchanges in the United States. 

In reality, it doesn’t list many tokens, also because it has very stringent criteria for choosing which ones to list, unlike many other exchanges. 

In his post on X today, he specifically mentions Codatta (XNY), OriginTrail (TRAC), and Bittensor (TAO), which have recorded +28%, +19%, and +14% respectively on Kraken in the last 24 hours. 

It should be noted, however, that Codatta capitalizes just 15 million dollars, while OriginTrail exceeds 350 million. These are still relatively low figures compared to other tokens, so much so that Bittensor, despite being the main AI-related crypto, barely exceeds 450 million, ranking only 28th overall.

TAO, however, already capitalizes slightly more than Uniswap, Zcash or Aave, while OriginTrail is only in the 138th position, and Codatta even beyond the thousandth position. 

Kraken, for example, lists just over 300 cryptocurrencies, so it even seems strange that they list one like Codatta. Evidently, they chose it because it also meets their stringent criteria for listing. 

The AI Narrative

To be honest, for years now in the crypto markets, the AI narrative has allowed certain tokens to experience interesting price rallies. 

For example, FET, now called Artificial Superintelligence Alliance, has existed since 2019, and has already recorded two major price booms, one obviously in 2021, and a second even larger one at the beginning of 2024. 

However, the Trump-trade at the end of 2024 saw it rise only slightly, after the burst of the bubble at the beginning of the year, so much so that its current price has even fallen below the highs of 2021, at -90% from the all-time highs of March 2024. 

TAO, on the other hand, is behaving differently. It landed on the crypto markets only in 2023 and has so far experienced two booms of almost identical magnitude, one at the beginning of 2024 alongside FET, and another at the end of 2024 thanks to the Trump-trade. 

Now it is at -40% from the all-time highs of April 2024. 

The fact is that the AI narrative in crypto markets is primarily speculative in nature, so it comes and goes at lightning speed, and above all, it tends almost exclusively to create bubbles that then burst in a short period of time. 

In other words, there doesn’t yet seem to be a clear successful crypto movement truly linked to artificial intelligence, but only an AI narrative that pumps prices during certain periods.