Recently, the strong performance of FET and AGIX in the AI zone has attracted attention, with their market capitalization fluctuating between hundreds of millions to over a billion dollars. However, a project that has not yet gained widespread follow is OPEN, which is quietly emerging with a circulating market capitalization of around 200 million dollars.

The uniqueness of OPEN lies in its strategic positioning. Unlike FET's AI agents and AGIX's AI service marketplace, OPEN is dedicated to building the underlying settlement infrastructure of the AI economy. This positioning makes it more like the 'Ethereum' in the AI ecosystem, rather than a single application.

The core products of OPEN include: Datanets, aimed at achieving data rights confirmation to ensure that data providers receive reasonable returns; Model Factory, which provides a deployment and invocation platform for small AI models; and OpenLoRA, which transforms model fine-tuning into ongoing profit opportunities. These features collectively construct the "payment layer" and "clearing layer" of the AI ecosystem.

From the market performance perspective, the daily trading volume of OPEN often maintains between 150 million to 180 million USD, with trading activity far exceeding its market capitalization level. Compared to the current valuations of FET and AGIX, OPEN appears to have considerable room for growth.

If the integration of AI and Web3 truly becomes a future trend, then a highly consensus-driven, fair and transparent settlement network will be indispensable. OPEN just happens to fill this critical role; it is not a fad, but rather completes the most crucial piece of the puzzle for the entire industry.

However, investors still need to be cautious. Although OPEN shows potential, the combination of AI and Web3 is still in its early stages, and market risks cannot be ignored. Whether OPEN can truly become industry infrastructure in the future still requires the test of time and market recognition.