In the first week of 2025, the AI Agent track continued to soar, with leading tokens setting new price highs. AI16Z surpassed a market capitalization of $2.5 billion, while VIRTUAL broke through the $5 billion market capitalization threshold, opening up market value imagination for the AI Agent track project.
Despite the overwhelming attention garnered by the AI16Z ecosystem tokens and the VIRTUAL ecosystem, another dark horse in the AI Agent track, SWARMS, has also shown remarkable performance. Over the past week, the SWARMS token has surged by over 700%, with a peak market capitalization of $550 million, making it the most eye-catching star token in the AI Agent track.
SWARMS is a multi-agent collaboration framework that provides a core component called ‘framework’ and functions such as long-term memory and task decomposition. It helps multiple AI agents seamlessly collaborate in the same network to handle complex tasks. Currently, SWARMS is also actively promoting the development of its ecosystem projects. With the enrichment of the multi-agent collaboration ecosystem, the early-stage SWARMS ecosystem may still hold Alpha opportunities.
According to Gate.io market data, SWARMS is currently priced at $0.5525, with a 24-hour increase of 65.25%. SWARMS has a current market capitalization of $553 million and is ranked 214th in the market.
The rise of SWARMS signifies a new stage of competition in the AI Agent track. Although SWARMS faces controversy regarding originality and technical challenges, its steadfast construction and deep support for the ecosystem undoubtedly provide enormous potential for future development.
Currently, the SWARMS ecosystem is still in its early stages, and whether it can compete with other ecosystems such as ai16z and Virtual in the future remains to be seen. With the addition of more projects and technological iterations, the long-term development of SWARMS is worth paying attention to, especially in terms of ecosystem expansion and user base construction. The performance of SWARMS will be a key factor in determining whether it can sustain its success.