The AI concept is making a strong comeback! ChainOpera AI (COAI) has risen over 300% this week, is the next target 25 dollars?

ChainOpera AI (COAI) soared over 300% in 7 days, reaching a historic high of $23, with market capitalization rising to $4.54 billion, indicating strong capital inflow and market interest. This rise is mainly driven by futures demand, support from the BNB Chain ecosystem, and a revival of the overall AI encryption narrative. Data shows that COAI's open interest (OI) surged 161% to $194 million, the relative strength index (RSI) rose to 72, and the Chaikin Money Flow (CMF) turned positive, establishing a long positions dominance.

Driving Factors: Futures Demand, BNB Chain Boosts AI Narrative Recovery

The strong rebound of COAI is the result of multiple positive factors stacking up, indicating that the market has regained confidence in AI projects that have practicality and a foundation for technological development.

· AI encryption market overall recovery

On October 15, the total market capitalization of the broader AI encryption market rose by 5.66%, indicating a recovery in demand for this category of assets. Among them:

BNB Attestation Service (BAS) surged 138.78%, COAI rose 126.61%, Sapien (SAPIEN) increased 57.08%.

Unlike early hype-driven AI projects, ChainOpera AI emphasizes practicality and technological development, providing a more solid market foundation for its return to sentiment.

· The enormous traffic support of the BNB Chain ecosystem

COAI, as an AI infrastructure project based on the BNB Chain, has gained a significant traffic advantage as BNB rises and breaks through 1300 USD.

Artemis data shows that the daily active users of BNB Chain have recently exceeded 3.5 million, providing COAI with a strong liquidity environment and a large retail base.

Derivatives Market Frenzy: OI Soars 161%

The surge in demand in the futures market is a direct reflection of the explosive price growth of COAI recently, demonstrating the strong bullish sentiment among leveraged traders.

· Open Interest and Net Inflow Data

According to CoinGlass data, COAI's open interest (OI) surged by 161.49% to $194.03 million in the past day, and the derivatives trading volume also climbed to $2.31 billion.

The futures inflow amounted to $791.19 million, exceeding the outflow of $775.90 million, resulting in a net inflow of $15.28 million, which represents a 159% increase relative to the market capitalization.

· Long/Short Ratio and Leverage Positions

The long-short ratio remains stable around 1.01, indicating a relatively balanced position, but slightly leaning towards long positions. Although the leverage positioning is balanced, the significant increase in OI is primarily driven by rising long positions.

Momentum Indicator Confirmation: Bull Market Dominated $25 Short-Term Target

Technical indicators strongly support the current bullish dominance, suggesting that there is still upward space for short-term prices.

· RSI and CMF turn positive

As COAI soars amid the resurgence of AI encryption and rising futures demand, its Relative Strength Index (RSI) has climbed to 72, indicating bullish dominance.

At the same time, Chaikin Money Flow (CMF) also rose to a positive value of 0.01, further confirming the significant presence of buyers.

· Short-term price target

If this buying pressure can be maintained, COAI is expected to target $25 in the short term. However, falling below $9.80 will invalidate this setup and may indicate a decline in buyer strength.

Conclusion

ChainOpera AI (COAI) has shown remarkable growth momentum with the support of the AI narrative revival and the robust ecosystem of BNB Chain. The surge in open contracts and confirmation of key momentum indicators provide technical support for COAI's short-term price target locked at 25 USD. As a next-generation infrastructure project emphasizing practicality, COAI's performance suggests that market capital is shifting from pure speculation to AI assets with solid technological foundations.

This article is for news information only and does not constitute any investment advice. The encryption market is highly volatile, and investors should make decisions with caution.