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$DAG price is up.
Volume is up 41%.
Social dominance is up 182%.
Sentiment is up 25%.
The AIAI merger targeting May put eyes on what $DAG actually does as a network. I'm not calling a pump.
What I am saying is this marks a structural shift in what Constellation can do with real capital behind it.
For context, look at $HBAR. They've announced Boeing, FedEx, Google, IBM as Council members.
Impressive press releases about enterprise adoption and governance.
In practice, those names delivered very little scaled usage or meaningful throughput. Big headlines, long runway to real volume. The names were the product.
The AIAI merger works differently because the capital is tied to products that generate actual network demand. $25M in growth capital goes toward building and scaling applications on the network.
Ben even said so himself:
"Our goal with the acquisition is to grow our network utility through snapshot fees. We do that through the products we have built and what we are building in AIAI. Simple. Just wait till our AI evolution comes out."
Those applications pay snapshot fees in $DAG every time they need verifiable state. Fees are burned. Supply adjusts to demand.
AI agents making decisions in production need tamper-evident records, cryptographic proofs and immutable audit trails.
That work requires ongoing compute. Hashing, Merkle trees, periodic anchoring, verification that anyone can audit.
Snapshot fees are how the network gets paid every time that happens.
Hedera sold prestige.
AIAI funds the applications that put load on the network. The difference is whether capital creates headlines or whether it creates compute demand that consumes the token.
The second model is the one where the economics actually work.