Kite [KITE] has emerged as one of the leading tokens in the AI agent economy, particularly over the past week. The altcoin has existed for only three months, but its dominance is starting to show.

In the past 24 hours, KITE’s price has surged more than 21%, bringing its weekly gains to over 48%, at press time. With a market capitalization of $363 million and a fully diluted valuation (FDV) of $2 billion, it has now entered the top 100 cryptocurrencies by market cap.

The pressing question is what’s driving this rally, and whether KITE can sustain its momentum and establish lasting dominance in the AI agent sector.

What’s driving KITE?

Volume and general strength in the AI agent economy drove KITE’s rally. The data from…