- TRNR committed $55 million toward a $500 million fundraise to acquire FET, building the largest AI-token treasury in U.S. markets.
- Active Addresses rose 15.90% and Exchange Outflows outpaced inflows, supporting a shift toward accumulation over speculation.
Interactive Strength (TRNR), a Nasdaq-listed fitness equipment firm, announced plans to raise $500 million to acquire the Artificial Superintelligence Alliance [FET].
With $55 million already secured from ATW Partners and DWF Labs, this move sets up the largest AI-token treasury among public U.S. firms.
Their collaboration with Fetch.ai also integrates AI-powered blockchain solutions into fitness and health tech. As a result, this institutional endorsement reinforces long-term investor confidence.
Moreover, it adds significant credibility to FET’s use case beyond speculation, potentially attracting even more capital from corporate treasuries seeking AI-aligned blockchain exposure.
A classic breakout pattern sets the stage for a bold FET move
Following this announcement, FET held firm above a key support level after a textbook breakout from a rounding bottom pattern.
Such formations often signal the end of accumulation phases and the start of a bullish reversal.
In fact, FET’s price setup has now mapped out clear upside targets at $1.00, $1.25, $1.60, $2.20, and $3.30.
This classic technical pattern often signals a reversal of downtrends and a return of bullish sentiment. Price action supports this view, with improving market flows, increased institutional involvement, and active on-chain participation.
If buyers maintain control during this consolidation phase, it could lead to a significant upward movement.
Source: X/Jonathan Carter
Is FET becoming scarce on exchanges?
FET Exchange Reserves have dropped by 7.43%, leaving just $334.78 million available on centralized platforms.
This suggests that investors are steadily transferring their holdings into long-term storage, reducing the circulating supply on exchanges.
Historically, such supply contraction often precedes bullish rallies, as limited availability can drive prices higher when demand picks up.
This tightening liquidity supports the broader breakout narrative and aligns with growing institutional positioning.
Source: CryptoQuant
Are spot market flows revealing a surge in buyer conviction?
The 90-day Taker CVD continues to favor buyers, indicating strong taker-side buying activity—a sign that market participants are confidently purchasing at the ask price.
This behavior, following a breakout from a rounding bottom pattern, reinforces the bullish trend strength.
With minimal resistance between $1.00 and $1.60, any surge in volume could trigger a rapid price move through this range.
As a result, momentum traders are already positioning themselves in anticipation of the next breakout leg.
Source: CryptoQuant
Rising address activity hints at real user growth
On-chain metrics show a healthy uptick in user engagement. Active Addresses jumped 15.90%, while new addresses rose 8.98% over the past week.
These gains reflect organic participation rather than speculative spikes, pointing to increased interest in Fetch.ai’s utility. As more users interact with the network, long-term valuation support could grow.
This metric also reinforces the sustainability of the rally, indicating that it is not purely driven by hype. Continued growth in user metrics often serves as a foundation for price stability and expansion.
Source: IntoTheBlock
Exchange outflows show holders aren’t looking to sell
FET’s exchange activity continues to favor long-term accumulation, with $5.77 million in outflows versus $3.72 million in inflows recorded at the time of press.
This net outflow trend has remained consistent over recent sessions, highlighting reduced interest in short-term selling.
Instead, holders appear to be preparing for long-term gains, likely encouraged by institutional adoption and tightening supply.
FET’s breakout from a prolonged rounding bottom pattern is gaining strong backing from both on-chain trends and institutional action.
Source: CoinGlass
With TRNR’s $500 million treasury strategy, shrinking exchange supply, growing user activity, and consistent buying pressure, all conditions appear to favor a continuation of the current uptrend.
If momentum persists, the projected price targets up to $3.30 may come into play, positioning FET as one of the top AI-focused assets to watch in the coming weeks.
