The Token spending price index has fallen to 1.1635, continuing its downward trend since peaking at the end of May (high of 2.0651 on May 28th), with a cumulative drop of 43.7% in two months. This price has fallen below 1.2446, the level seen at the end of 2025, officially hitting a new low for the year, marking a return of AI computing power pricing to the starting point of this expansion cycle.
Note: Selling tokens is currently a crucial source of monetization for the AI industry, and its price is one of the signals gauging the current supply and demand situation for computing power. If the token price remains high, cloud service providers will be motivated to purchase more GPUs and DRAM memory and expand data centers; conversely, a decline could indicate a "consumption downgrade" by AI companies, becoming a leading indicator of the end of this hardware boom cycle. Token price data is sourced from top global AI models such as OpenAI, Anthropic, and DeepSeek.