AI Tokens Are Ripping Hard with Allora Leading the Charge

AI-themed tokens swept the top of the crypto gainers charts on May 29, 2026, with @AlloraNetwork's $ALLO token posting the most eye-catching move of the session. According to CoinGecko data, AI tokens occupied all five spots on the 24-hour gainers list, a sign of just how concentrated buying pressure was across the sector.

$ALLO Leads With a 177% Surge

$ALLO was the standout performer, jumping 177% in 24 hours. Trading volume on Allora climbed to over $103 million in the same period, representing a 365% increase from the prior day. Allora is a decentralized AI network designed to aggregate, evaluate, and improve machine learning models, with its core product allowing applications to access intelligence without relying on centralized providers. The $ALLO token, introduced in October 2025, is used to pay for inferences, stake, and participate in governance, with rewards distributed based on contribution impact.

The other four names rounding out the top five all carried the AI narrative. @SPACEID's $ID token gained 52%, @NEXST_AI's $NXT token climbed 35%, and @Neiralab's $PYTHIA token rose 33%. @xmaquina's $DEUS also posted a significant move following a listing on a Base decentralized exchange.

Broader AI Sector Momentum

The total market capitalization of the AI crypto category reached approximately $26.6 billion as of late May 2026, according to data from CoinGecko and CoinMarketCap. The AI crypto sector generated approximately $3.4 billion in daily trading volume as of the same period, a level that attracts systematic and institutional flows rather than purely retail speculation.

CoinGecko data has also pointed to a broader rotation of capital out of meme coins and into projects with verifiable development roadmaps. The 2026 AI crypto sector is being defined by a shift from narrative speculation to verifiable utility, with leading projects generating measurable on-chain activity including compute jobs processed, GPU capacity rented, and inferences executed.

Whether the single-session surge in tokens like $ALLO reflects durable demand or a short-term momentum trade remains to be seen. The broader context of a maturing AI sector, however, gives the move more structural backing than a typical altcoin spike.

Sources:
Allora (ALLO) Price and Market Data, CoinGecko
Top Artificial Intelligence Coins by Market Cap, CoinGecko
Best AI Crypto Tokens 2026, SpotedCrypto