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The native token of PayAI Network, PAYAI, jumped over 800% on Monday to hit $0.0049, drawing strong attention from market watchers and data analysts.
Initially seen as a low-cap AI project focused on building infrastructure for autonomous agents, PayAI Network has recently drawn attention. The token’s sudden rise has been linked to technical updates, growing community buzz, and speculation involving Visa’s top crypto executive.
Although not officially confirmed, excitement grew when users noticed that Cuy Sheffield, Visa’s Head of Crypto, followed both the PayAI Network X account and its core developer. This sparked speculation about possible interest or support from Visa, adding momentum to the token’s recent price surge.
In addition to the Visa-related buzz, PAYAI gained more exposure and liquidity after its recent listing on Gate.io’s Gate Alpha. Being featured alongside coins like $COLLAT and $GASS helped boost credibility among retail participants.
On-chain data from Nansen AI confirms that this interest is turning into tangible activity. Over the past 24 hours, the token saw more than $193,000 in decentralized exchange inflows—24 times its usual daily volume. The top 100 wallet holders increased their stakes by over 70%, with notable accumulation from whales, smart wallets, and public figures.
Since April, the token has surged fivefold, positioning it as one of the top-performing smaller AI projects.
PAYAI is available on decentralized platforms, with Raydium leading in volume. Its top trading pair, PAYAI/SOL, has handled over $10.3 million in the past day. Other platforms such as Meteora and Raydium (CLMM) also saw notable activity.
According to CoinGecko, the project’s 24-hour trading volume stands at $10.99 million, a 25,885.60% increase from the previous day. This sharp rise reflects a spike in market participation.
Some community members have pointed out similarities between PAYAI’s current chart and KingnetAI’s before it reached a $25 million market cap. Meanwhile, technical watchers are eyeing a potential golden cross, an indicator that could signal extended upward momentum.
One X user amplified the optimism, describing PAYAI as “bullish af” and forecasting an 80% breakout within 24 hours. The user also suggested that the token’s $5.83 million market cap might soon be surpassed.
While speculation continues, especially around Visa’s possible interest, there has been no official confirmation. Still, PayAI stands out from other AI-linked tokens by offering real on-chain functionality rather than vague promises. Analyst Blockchain Bob supported this view by pointing to the team’s visible progress through daily X spaces and product enhancements.
“$PAYAI is the first protocol where AI agents can autonomously hire, work for, and pay each other 24/7,” Bob noted.
PayAI Network is addressing a challenge that many AI-focused crypto projects often overlook. It enables autonomous agents to complete tasks and settle payments on-chain without human involvement. Think of it as an economy specifically for AIs, using PAYAI as the currency.
According to a recent post, the project has completed its first live agent-to-agent transaction. In this setup, two ElizaOS-deployed AI agents successfully carried out a contract—one posted a task, the other accepted it, and payment was automatically processed using PAYAI on the Solana blockchain.
This design allows agents to promote services, send and receive payments, and interact freely without relying on centralized tools or interfaces. Looking ahead, the team envisions a decentralized economic layer to support AI systems and, eventually, full-scale AI collectives.
The post Why is PayAI Network (PAYAI) Up Over 800%? appeared first on Cointab.
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