On February 4, 2025, R3 Sustainability and Chintai announced the launch of a $795 million Tokenized Infrastructure Fund, powered by the $CHEX token. This announcement, reported by Cointelegraph, led to immediate market reactions. At 10:30 AM UTC on February 4, 2025, $CHEX experienced a sharp increase, jumping from $0.15 to $0.22 within 15 minutes, marking a 46.67% rise in value (Source: CoinMarketCap). The trading volume for $CHEX also surged, reaching 12 million $CHEX traded in the first hour post-announcement, compared to an average daily volume of 2 million $CHEX over the previous week (Source: CoinGecko). The $CHEX/BTC trading pair saw a significant spike, with the price moving from 0.0000035 BTC to 0.0000052 BTC, a 48.57% increase (Source: Binance). On-chain metrics showed an increase in active addresses from 5,000 to 15,000 within the same timeframe (Source: Etherscan).

The announcement's impact extended beyond $CHEX, influencing other tokens associated with infrastructure and sustainability. For instance, $SOLAR, another token in the sustainability sector, saw a modest rise of 7% from $0.08 to $0.0856 at 11:00 AM UTC (Source: CoinMarketCap). The broader market sentiment remained positive, with the Crypto Fear & Greed Index rising from 52 to 58, indicating a shift towards greed (Source: Alternative.me). The $CHEX/ETH trading pair also showed a notable increase, moving from 0.00008 ETH to 0.00012 ETH, a 50% rise (Source: Uniswap). This surge in trading activity and price movement suggests a strong market interest in tokenized infrastructure funds and the potential for further growth in this sector.

Technical analysis of $CHEX indicates bullish signals across multiple timeframes. The 1-hour chart showed the price breaking above the 50-period moving average at $0.18 at 10:45 AM UTC, signaling a strong bullish trend (Source: TradingView). The Relative Strength Index (RSI) for $CHEX climbed from 60 to 75 within the same period, indicating overbought conditions but continued upward momentum (Source: TradingView). Trading volumes across exchanges showed a consistent increase, with Binance reporting a peak volume of 5 million $CHEX traded in a single 15-minute interval at 10:45 AM UTC (Source: Binance). The $CHEX/USDT trading pair on KuCoin also saw a significant volume spike, reaching 3 million $CHEX traded within the first hour (Source: KuCoin). These indicators suggest that the market is reacting positively to the news of the Tokenized Infrastructure Fund, with strong buying pressure driving the price higher.

In terms of AI-related news and its impact on the crypto market, there have been no direct announcements linking AI developments to this specific fund. However, the broader sentiment around AI in the crypto space remains positive. Recent reports indicate that AI-driven trading algorithms have seen increased adoption, with trading volumes for AI-related tokens like $FET and $AGIX rising by 15% and 10% respectively over the past week (Source: Messari). This growth in AI trading volume suggests a potential correlation with the overall market sentiment, where positive news like the Tokenized Infrastructure Fund could further boost investor confidence in AI and crypto crossover projects. The correlation coefficient between $CHEX and $FET over the past 24 hours was calculated at 0.65, indicating a moderate positive relationship (Source: CryptoQuant). This suggests that investors might view $CHEX as a potential beneficiary of the growing AI-crypto ecosystem, presenting trading opportunities for those looking to capitalize on this trend.