Deep Dive
1. NVIDIA Partnership & Compute Milestone (Bullish Impact)
Overview:
On December 3, Singularity Compute (ASI Alliance infrastructure arm) activated its first enterprise-grade NVIDIA GPU cluster in Sweden. The cluster supports AI training, fine-tuning, and inference via OpenAI-compatible APIs, with CUDOS managing operations (Singularity Compute).
What this means:
- Validates ASI’s capability to deliver scalable AI infrastructure for enterprises
- Strengthens narrative as a decentralized alternative to Big Tech’s AI dominance
- Likely attracted institutional interest, given NVIDIA’s dominance in AI hardware
2. ASI:Chain DevNet Progress (Bullish Impact)
Overview:
The ASI Alliance launched the public DevNet for its layer-1 blockDAG blockchain on November 26, enabling developers to build AI-native dApps. The architecture addresses scalability and security via sharded consensus (U.Today).
What this means:
- First-mover advantage in decentralized AI coordination networks
- Potential to onboard developers ahead of Q1 2026 TestNet launch
- Technical setup mirrors bullish patterns: FET reclaimed 200-day EMA ($0.28) and faces minimal resistance until $0.34
3. Legal Clarity Post Lawsuit (Mixed Impact)
Overview:
A November 4 lawsuit alleged Ocean Protocol dumped FET tokens post-merger. However, FET’s transparent handling of the dispute (including CEO @HMsheikh4’s public statements) restored confidence (CoinEdition).
What this means:
- Reduced uncertainty around tokenomics: 81% of OCEAN already converted to FET
- On-chain data shows $1.35M net outflow from exchanges post-news, signaling accumulation
Conclusion
FET’s rally combines infrastructure validation (NVIDIA), ecosystem growth (DevNet), and improved risk perception post-lawsuit. While technicals suggest room to $0.34, watch for profit-taking near the 50-day EMA ($0.29).
Key watch: Can FET hold above the 200-day EMA ($0.28) through December 4’s U.S. trading session?