New data from the market intelligence firm IntoTheBlock reveals that the long-term growth of an artificial intelligence (AI)-focused altcoin is on track.

Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.

The cryptocurrency market is witnessing a robust rebound, with Cardano (ADA), KAITO, and Dohrnii (DHN) emerging as standout performers. Cardano has soared 64% from its recent low, fueled by regulatory optimism, while KAITO's 22.7% surge reflects strong buying pressure. Meanwhile, Dohrnii has skyrocketed 118.1%, driven by explosive trading volume.

Key Takeaways Kaito's open interest has jumped 88.96% to $139.64 million, reflecting growing interest in the altcoin. The bullish volume signals that most traders expect further price recovery. Technical indicators on the 4-hour chart indicate $KAITO may be developing a bullish reversal pattern.

Kaito surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges.

KAITO has recently experienced a slight drop from its all-time high (ATH) of $2.92, which it reached just two days ago. The altcoin is now attempting to reclaim that peak, but the broader market cues are exerting downward pressure.

While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.

As the crypto market remains unstable, a sharp downturn triggered $1.1 billion in liquidations over the past 24 hours. BTC dropped below $87K, dragging other major altcoins lower.

As the broader crypto market continues its decline today, some altcoins have stood out, gaining attraction from traders and investors alike.

Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them.

Kaito's YAP system incentivizes crypto discussions on social media, creating a buzz around its 'tweet-to-earn' mechanism.

The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.