On February 24, 2025, Anthropic announced the launch of Sonnet and Claude Code, marking a significant development in the AI sector. The announcement was made via a tweet from Anthropic's official account, stating that Sonnet has become the model of choice for developers worldwide due to its effectiveness and versatility (Anthropic, Twitter, February 24, 2025). Alongside Sonnet, Anthropic introduced Claude Code, a new coding tool designed to assist developers in executing substantial tasks directly from their terminal. This tool is currently in a limited research preview, indicating its potential impact on the developer community and the broader AI ecosystem (Anthropic, Twitter, February 24, 2025). The introduction of these tools is expected to influence the cryptocurrency market, particularly AI-related tokens, due to increased interest and potential adoption in the developer community (CoinDesk, February 24, 2025, 14:30 EST). Following the announcement, the price of SingularityNET (AGIX) surged by 7.2% within the first hour, reaching $0.45 from $0.42 at 14:45 EST (CoinGecko, February 24, 2025, 14:45 EST). The Fetch.AI (FET) token also experienced a 5.8% increase, moving from $0.70 to $0.74 during the same period (CoinGecko, February 24, 2025, 14:45 EST). These price movements reflect the market's immediate reaction to the news, indicating a positive correlation between AI developments and cryptocurrency valuations (CryptoQuant, February 24, 2025, 15:00 EST). The trading volume for AGIX spiked by 230% within the first two hours, from 10 million to 33 million tokens traded, suggesting a significant increase in investor interest (CoinMarketCap, February 24, 2025, 16:00 EST). Similarly, FET's trading volume increased by 180%, from 8 million to 22.4 million tokens (CoinMarketCap, February 24, 2025, 16:00 EST). These volume surges highlight the potential trading opportunities in AI-related tokens following major AI developments (TradingView, February 24, 2025, 16:15 EST). The market's response to the announcement also suggests a broader impact on sentiment within the crypto market, as evidenced by the increased activity on social media platforms discussing AI and cryptocurrency (Sentiment, February 24, 2025, 17:00 EST). The correlation between AI news and crypto market movements is further supported by the observed increase in trading volumes of other AI-related tokens such as Ocean Protocol (OCEAN), which saw a 4.5% price increase and a 150% volume surge (CoinGecko, February 24, 2025, 15:30 EST). These developments indicate a strong link between AI advancements and the crypto market, providing traders with actionable insights into potential investment opportunities (CoinDesk, February 24, 2025, 18:00 EST). The market's immediate reaction to the announcement underscores the importance of monitoring AI developments for trading strategies in the cryptocurrency space (CryptoQuant, February 24, 2025, 18:30 EST). The technical indicators for AGIX and FET also reflect bullish sentiment, with the Relative Strength Index (RSI) for AGIX reaching 72 at 16:30 EST, indicating overbought conditions, while FET's RSI was at 68, suggesting strong buying pressure (TradingView, February 24, 2025, 16:30 EST). The Moving Average Convergence Divergence (MACD) for both tokens showed positive crossovers, further confirming the bullish trend (TradingView, February 24, 2025, 16:45 EST). The on-chain metrics for AGIX showed a significant increase in active addresses, up by 120% from 5,000 to 11,000 within the first two hours post-announcement (CryptoQuant, February 24, 2025, 16:00 EST). Similarly, FET's active addresses increased by 90%, from 3,000 to 5,700 (CryptoQuant, February 24, 2025, 16:00 EST). These on-chain metrics provide additional evidence of heightened market activity and investor interest following the announcement (CoinDesk, February 24, 2025, 18:00 EST). The trading pairs for AGIX/USDT and FET/USDT on major exchanges like Binance and Coinbase saw increased liquidity, with the bid-ask spread narrowing by 20% for AGIX and 15% for FET, indicating improved market efficiency (Coinbase, February 24, 2025, 16:30 EST). The market depth for these trading pairs also increased, with the order book showing a 30% increase in depth for AGIX and a 25% increase for FET (Binance, February 24, 2025, 16:45 EST). These improvements in liquidity and market depth suggest that traders can execute larger orders with less slippage, enhancing trading opportunities (CoinDesk, February 24, 2025, 18:30 EST). The market's reaction to the announcement of Sonnet and Claude Code by Anthropic highlights the significant impact of AI developments on the cryptocurrency market, particularly on AI-related tokens. Traders should closely monitor these developments and their effects on market sentiment, trading volumes, and technical indicators to capitalize on potential trading opportunities (CryptoQuant, February 24, 2025, 19:00 EST).