OriginTrail jumps 32% to $0.39 as AI narrative drives rally

TRAC, the native token of the OriginTrail network on Ethereum, rose 32% to a monthly high of $0.39 on July 19 before retracing to $0.35, as the artificial intelligence narrative regained momentum across crypto markets.

"The AI-crypto crossover is seeing renewed capital inflows as projects with verifiable data infrastructure gain traction," Jason Wu, on-chain analyst at Edgen, said.

The move pushed TRAC's 24-hour trading volume to multi-week highs, with the token outperforming the broader altcoin market. Bitcoin dominance edged lower during the session, allowing capital to rotate into smaller-cap tokens. The rally coincided with gains across the AI token sector — Fetch.ai and Render Network each rose 8% to 15% over the same period, CoinGecko data shows.

The next resistance sits at $0.40, a level TRAC has not sustained above since early June. A decisive break would mark a 14% gain from current levels and could attract momentum-driven inflows. On the downside, $0.32 serves as the nearest support.

OriginTrail operates as a decentralized knowledge graph that allows AI systems to access verified, tamper-proof data across supply chains — a use case that has gained relevance as enterprises address AI hallucination and data provenance issues. The protocol's TRAC token is used for node staking and data query payments on the network. Its market capitalization rose to approximately $175 million at the session high.

If the AI narrative continues to draw capital, TRAC and similar AI-focused tokens could see sustained upward momentum. A close above $0.40 would shift the technical outlook bullish, while a failure to hold $0.35 may invite profit-taking toward the $0.32 support zone.

This article is for informational purposes only and does not constitute investment advice.