Nvidia's Revenue Boom Fails to Lift AI Crypto Tokens

Despite Nvidia's quarterly revenue reaching $96.2 billion in July, AI crypto tokens remain 70%-90% below their cycle highs.

The sector still commands narrative attention, but investors are increasingly favoring compute, agents, and measurable workloads over projects relying on AI branding.

Bittensor shows stronger revenue traction, yet token recovery still depends on converting usage into fees, scarcity, and durable demand for underlying assets over time.