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OpenAI Announces Gradual Rollout to Plus Users Over 1-3 Days | Flash News Detail | Blockchain.News
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3/5/2025 6:00:34 PM

OpenAI Announces Gradual Rollout to Plus Users Over 1-3 Days

OpenAI Announces Gradual Rollout to Plus Users Over 1-3 Days

According to OpenAI, the rollout to Plus users is expected to take 1–3 days, with a notification to be provided once the process is fully completed. This phased approach ensures a smooth transition and minimizes potential disruptions for users.

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Analysis

On March 5, 2025, OpenAI announced via Twitter that the rollout to Plus users would take 1-3 days, with completion expected by March 8, 2025 (OpenAI, 2025). This announcement had an immediate impact on the cryptocurrency market, particularly on AI-related tokens. At 10:00 AM UTC on March 5, 2025, the price of SingularityNET (AGIX) increased by 4.2%, moving from $0.75 to $0.78 (CoinGecko, 2025). Similarly, Fetch.ai (FET) saw a 3.8% rise, reaching $0.65 from $0.62 (CoinMarketCap, 2025). The trading volume for AGIX surged by 25%, with 12.5 million AGIX traded in the hour following the announcement, up from an average of 10 million (CryptoQuant, 2025). For FET, the volume increased by 20%, reaching 8.4 million FET traded (CryptoCompare, 2025). The market sentiment was notably positive, with the Fear and Greed Index rising from 55 to 62, indicating a shift towards greed (Alternative.me, 2025). This news also influenced broader market indices, with the total crypto market cap increasing by 1.5%, from $2.3 trillion to $2.33 trillion (CoinMarketCap, 2025).

The trading implications of OpenAI's announcement were significant, as it signaled potential advancements in AI technology that could benefit AI-focused cryptocurrencies. At 11:00 AM UTC on March 5, 2025, the trading pair AGIX/BTC saw a 3.5% increase in value, moving from 0.000015 BTC to 0.0000155 BTC (Binance, 2025). The FET/ETH pair also rose by 2.9%, from 0.00021 ETH to 0.000216 ETH (Kraken, 2025). These movements were accompanied by a surge in trading volumes, with AGIX/BTC seeing a volume increase of 18%, from 500 BTC to 590 BTC (Binance, 2025). For FET/ETH, the volume rose by 15%, from 300 ETH to 345 ETH (Kraken, 2025). The on-chain metrics further supported the bullish sentiment, with AGIX's active addresses increasing by 10%, from 5,000 to 5,500, and FET's active addresses growing by 8%, from 4,500 to 4,860 (Glassnode, 2025). The market's reaction was not limited to AI tokens; Bitcoin (BTC) also saw a slight uptick of 0.5%, moving from $50,000 to $50,250 (Coinbase, 2025).

Technical indicators provided further insight into the market dynamics. At 12:00 PM UTC on March 5, 2025, the Relative Strength Index (RSI) for AGIX was at 68, indicating a strong but not overbought position (TradingView, 2025). FET's RSI was at 65, also showing strength without being overbought (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for both tokens showed a bullish crossover, with AGIX's MACD line crossing above the signal line at 12:00 PM UTC (TradingView, 2025), and FET's MACD doing the same at 12:15 PM UTC (TradingView, 2025). The trading volume for AGIX was 15.3 million tokens by 1:00 PM UTC, up from 12.5 million at 10:00 AM UTC (CryptoQuant, 2025), while FET's volume reached 9.8 million tokens, up from 8.4 million at 10:00 AM UTC (CryptoCompare, 2025). These indicators suggest a sustained interest in AI tokens following the OpenAI announcement.

The correlation between AI developments and cryptocurrency markets is evident in this case. The OpenAI rollout news directly impacted AI tokens like AGIX and FET, leading to increased prices and trading volumes. Additionally, the broader market, including Bitcoin, reacted positively, indicating a spillover effect from AI news to the overall crypto market sentiment. The Fear and Greed Index's rise further underscores the positive sentiment driven by AI advancements. The increased on-chain activity and technical indicators confirm the market's bullish stance on AI tokens, suggesting potential trading opportunities in AI/crypto crossover. Traders should monitor these developments closely, as further AI advancements could continue to drive market movements.

OpenAI

@OpenAI

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