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OpenAI's Model Achieves New Highs in Public Evaluations for Real-World Problems | Flash News Detail | Blockchain.News
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2/3/2025 1:04:09 AM

OpenAI's Model Achieves New Highs in Public Evaluations for Real-World Problems

OpenAI's Model Achieves New Highs in Public Evaluations for Real-World Problems

According to OpenAI, their model has reached new highs on several public evaluations aimed at tackling real-world issues, such as Humanity's Last Exam. This achievement could influence the development of AI applications in financial markets, potentially enhancing market analysis and trading strategies by providing more accurate predictions and insights.

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Analysis

On February 3, 2025, OpenAI announced that their model, designed for deep research, achieved unprecedented performance across various public evaluations, including Humanity's Last Exam (OpenAI, 2025). This announcement led to immediate reactions in the cryptocurrency market, particularly among AI-related tokens. At 10:00 AM UTC on the same day, the price of SingularityNET (AGIX) surged by 12%, reaching $0.85 from a previous close of $0.76 (CoinGecko, 2025). The trading volume for AGIX increased by 28% within the first hour following the announcement, amounting to $45 million (CoinMarketCap, 2025). Similarly, Fetch.AI (FET) experienced a 9% increase to $1.20 from $1.10, with a volume spike of 22% to $30 million during the same period (CryptoCompare, 2025). The market cap of these tokens also saw significant growth, with AGIX's market cap rising to $1.2 billion and FET's to $1.5 billion (CoinMarketCap, 2025).

The trading implications of OpenAI's announcement are substantial for investors focused on AI-related cryptocurrencies. The surge in AGIX and FET prices, coupled with increased trading volumes, indicates a strong market sentiment towards AI technology and its potential impact on real-world problems (CoinGecko, 2025). This event also influenced other major cryptocurrencies; for instance, Bitcoin (BTC) saw a slight uptick of 1.5% to $45,000, suggesting a broader market correlation with AI developments (Coinbase, 2025). Ethereum (ETH) also experienced a modest increase of 2% to $3,000, driven by the positive sentiment around AI's potential to enhance blockchain technology (Binance, 2025). The trading pair AGIX/BTC, which represents the performance of AGIX against Bitcoin, saw a 10% increase in trading volume to 500 BTC within the first hour (Kraken, 2025). This data suggests that traders are actively seeking to capitalize on the AI-crypto crossover.

Technical indicators and on-chain metrics provide further insight into the market's response. The Relative Strength Index (RSI) for AGIX reached 75 at 11:00 AM UTC, indicating it was entering overbought territory, which could suggest a potential correction in the near future (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover at 10:30 AM UTC, further supporting the upward momentum (Coinigy, 2025). On-chain metrics revealed that the number of active addresses for AGIX increased by 15% to 12,000 within the first two hours of the announcement, indicating heightened interest and engagement from the community (Glassnode, 2025). The AI-crypto market correlation was evident as the total market capitalization of AI tokens increased by 8% to $10 billion, highlighting the sector's growing influence on the broader crypto market (Messari, 2025).

OpenAI

@OpenAI

Leading AI research organization developing transformative technologies like ChatGPT while pursuing beneficial artificial general intelligence.