Solana-Backed PublicAI Launches ICO for Decentralized AI Infrastructure
PublicAI, a decentralized infrastructure project focused on artificial intelligence, has announced its initial coin offering (ICO) for the PUBLIC token on CoinList, starting August 7, 2025. The project aims to connect data executors with companies in need of scalable datasets for fine-tuning large language models (LLMs). With strong backing from prominent blockchain players like the NEAR Foundation and solana Foundation, PublicAI has already raised $10 million in funding. This initiative represents a significant step forward in the integration of AI and blockchain technologies, leveraging Solana's high-performance infrastructure to create a decentralized data marketplace. The ICO is expected to attract significant interest from investors looking to capitalize on the growing intersection of AI and cryptocurrency.
PublicAI Announces ICO on CoinList for Decentralized AI Infrastructure
PublicAI, a decentralized infrastructure project for artificial intelligence, is set to launch its PUBLIC token sale on CoinList starting August 7, 2025. The project aims to bridge the gap between data executors and companies requiring scalable datasets for large language model (LLM) fine-tuning. With backing from notable blockchain entities like NEAR Foundation and Solana Foundation, PublicAI has already secured $10 million in prior funding rounds.
The token sale will allocate 28.57 million PUBLIC tokens (2.85% of total supply) at $0.07 per token, targeting a $2 million raise. Token unlocks commence at the Token Generation Event (TGE) on August 15. The initiative emerges from Stanford Blockchain Accelerator, signaling strong institutional interest in AI-blockchain convergence.
Solana Price Prediction: Will SOL Crash to $150 or Rally to $250?
Solana's price action remains volatile, caught in a tug-of-war between buyers and sellers. Currently trading around $167, the token faces a critical juncture—with catalysts like ETF filings, network upgrades, and developer activity suggesting a potential breakout toward $250 rather than a drop to $150 in August.
Market sentiment appears shaky after a 2% daily dip and 6% weekly decline. Trading volumes have tapered, and a bear flag formation on the 4-hour chart hints at further short-term weakness. Competition intensifies as Coinbase's Base Layer-2 surpasses Solana in daily token launches, diverting meme coin traders to projects like PUMP, which surged 30% this week.
Amid the uncertainty, Solana ecosystem tokens like Snorter (SNORT) show resilience, with its presale hitting $2.8 million. Validator revenues, however, reflect broader pressure, dropping 14% week-over-week.
Solana (SOL) Surges Past $170 Amid Surging DeFi and NFT Activity
Solana's SOL token breached $170 this week, marking its strongest performance since early 2024. The rally stems from revived interest in NFT platforms Tensor and Magic Eden, coupled with DeFi growth on Sail and Jupiter. Institutional listings and robust developer activity are drawing both long-term holders and new entrants.
Network activity reached new highs in July, with Solana's total value locked across bridges and applications surpassing $5 billion. Strategic partnerships, including the 2024 Wordle NFT drop, have reinforced confidence in Solana's scalability. Rather than speculative trading, some investors are turning to regulated cloud mining platforms like AIXA Miner for passive SOL earnings.
Pump.fun Launches Glass Full Foundation to Accelerate Solana Ecosystem Growth
Pump.fun has unveiled the Glass Full Foundation, a strategic initiative designed to inject liquidity into Solana's most dynamic communities. The foundation will prioritize financial support for high-potential projects, aiming to catalyze development across the network.
Initial funding allocations have already been deployed, with plans for expanded capital commitments in coming quarters. This MOVE signals growing institutional confidence in Solana's infrastructure capabilities amid broader blockchain scalability challenges.
