The market for AI-related tokens has seen substantial growth, with a total market capitalization approaching $11 billion, as reported by CoinGecko. Notably, the AI16Z token has reached a market cap of $2.7 billion, contributing to a 25.3% increase in the market over a 24-hour period. Other tokens, such as $BUZZ and $AVA, have also demonstrated strong performance, with $BUZZ surpassing a market cap of $50 million. The recent surge in AI tokens is attributed to increased investor interest and the identification of innovative projects within the sector, particularly following events like the Solana AI hackathon, which has spotlighted promising new tokens.