Check out the ranking of AI protocol fee collections. I really didn't expect VIRTUAL to be so fierce—since the beginning of the year, it has already raised over $15 million. In other words, its 2025 revenue is projected to reach the $75 million level.



But if we talk about real growth momentum, RENDER is the real player. Its annualized revenue has already surpassed $100 million, and AI rendering is entirely its domain.

Looking at the entire tier: ATH (over $10 million), IO (over $5 million), AIOZ, AKT, TAO, FET, THETA, GLM… each one more promising than the last.

What do these numbers tell us? It’s simple—whether a project has actual revenue is the dividing line for how long it can survive. Those that only tell stories will eventually be proven wrong by the data.

The question is: at this rate, who will sit at the top of fee growth in the AI protocol track by the end of 2026?
VIRTUAL-8,16%
AIOZ-7,11%
AKT-5,84%
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BearMarketSurvivorvip
· 01-19 22:25
Data doesn't lie, and this time we've finally seen real gold and silver. Those projects that only boast are bound to be harvested by the market sooner or later. --- What does RENDER surpassing 100 million mean? Actual demand is really there. But don't rush to all in; this kind of growth curve is easily overestimated. --- VIRTUAL rising so quickly actually makes me a bit cautious. Rapid revenue growth often indicates something... we need to see how long the supply lines can sustain it. --- Having revenue is indeed the prerequisite for survival, but how long the growth rate can continue is the key. Will it be the top spot in 2026? It's too early to bet now. --- The entire tier is growing, which shows the track is really taking off. But who can make it to 2026 is still uncertain; when the cycle comes, it can still die. --- The ranking by fees indicates market sentiment is shifting from storytelling back to reality. But this also means the valuation bubble is about to burst. --- VIRTUAL looks fierce right now, but what I care more about is its cost structure. High revenue doesn't necessarily mean high profit; don't be blinded by the virtual numbers.
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SundayDegenvip
· 01-19 22:25
VIRTUAL's numbers are indeed impressive, but I still didn't expect RENDER to break 100 million. Looking at this wave, it's really a job with actual income; all the ones without data support are just air. End of 2026? Well, there's a good chance RENDER will continue to soar, and VIRTUAL needs to stay alert.
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MEVHunterLuckyvip
· 01-19 14:02
Virtual this wave really can't hold up anymore, just go all out RENDER an annualized 100 million, this number is really crazy Data doesn't lie, projects without revenue will eventually fade away By the end of 2026, RE Render still feels stable Revenue is the key, no matter how much you boast, it's useless Will IO catch up? Seems to have quite a potential Projects that actually make money are the hard currency ATH's over 10 million is a bit of a peak The era of storytelling is really over
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BoredStakervip
· 01-18 16:33
Virtual yield farmers, focused on on-chain mechanisms, dislike air coins. --- VIRTUAL's data indeed can't hold up anymore, but I really didn't expect RENDER to break a billion... Who can ultimately hold on between these two still depends on future retention rates.
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rekt_but_not_brokevip
· 01-16 22:55
VIRTUAL's numbers are indeed outrageous, but RENDER surpassing 100 million is still the top trend... Real income speaks for itself, and other concept coins have to step aside.
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0xLostKeyvip
· 01-16 22:55
The virtual surge is truly impressive, but rendering surpassing 100 million is really terrifying... At this level, it wouldn't be surprising if RENDER doubles again by 2026. Data is the hard currency; projects that only tell stories will eventually die. Whoever catches the wave of RENDER's rendering demand will win. It seems VIRTUAL still needs to keep pushing forward; it's only at 75 million now. Compared to RENDER's over 100 million in revenue, the competition is indeed intense. Can RENDER take another step forward before the end of the year? Few AI protocols have truly been implemented; those with revenue are worth paying attention to. By 2026, RENDER seems to be stable... In terms of revenue alone, RENDER is unshakable; VIRTUAL might be a potential stock.
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ImpermanentPhobiavip
· 01-16 22:49
VIRTUAL really proved everyone wrong; I used to think it was just an air project. RENDER surpassing one hundred million is indeed impressive, but can this growth be sustained until next year? Honestly, projects that try to tell stories tend to die the fastest, and this time I’ve seen through it. Who will be the top player in 2026? Bet on RENDER to keep winning. Those small-cap coins are also on the rise; it feels like just the beginning.
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DisillusiionOraclevip
· 01-16 22:37
VIRTUAL this wave is indeed fierce, but RENDER breaking 100 million is truly impressive... This is the real deal with genuine business potential.
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GasFeeBeggarvip
· 01-16 22:35
VIRTUAL's surge is outrageous, but RENDER surpassing 100 million truly can't be sustained—this is the real cash cow. Who can hold out until the end of 2026 depends on who can survive until then. Those just talking about stories should have died long ago. The gap between ATH and IO is so large; do the subsequent projects still have a chance to overtake? RENDER's scale seems to be a done deal, unless there's a black swan event. Honestly, just by looking at these data, you can tell who truly has a product and who is just pretending. $100 million annualized revenue—what a concept! The ceiling of this track is about to be broken. Tokens with no revenue are just paying an IQ tax.
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GateUser-9ad11037vip
· 01-16 22:34
VIRTUAL's number is indeed a bit bleak, but RENDER breaking 100 million is really impressive... By the way, these projects ultimately rely on real money; no matter how impressive the hype, without revenue it's all for nothing.
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