The native token of Livepeer (LPT), a decentralized artificial intelligence video processing protocol, experienced a significant surge on Friday, May 30, 2025, reaching its strongest price in four months. The token advanced an impressive 150% over the past 24 hours, hitting a session high of $14.20, according to CoinDesk data. This remarkable performance occurred while other artificial intelligence-focused crypto tokens and the broader cryptocurrency market were facing a decline.

The surge in LPT's value defied the general market trend. During the same period, Bitcoin (BTC) slid approximately 2%, falling below the $106,000 mark, and the CoinDesk 20 Index, a broad measure of the crypto market, declined by 3.5%. Furthermore, most other tokens linked to artificial intelligence projects saw their values decrease by 5% to 10%, underscoring the unique positive momentum behind Livepeer.

Several key catalysts are believed to have contributed to LPT's substantial price increase. One major factor was the announcement that Upbit, a popular South Korean cryptocurrency exchange, introduced trading for LPT against the Korean Won (KRW) and Tether (USDT) on its platform. Additionally, asset manager Grayscale included Livepeer among the 20 cryptocurrencies in its newly launched Artificial Intelligence Crypto Sector. Another contributing element was the Livepeer Foundation's advisory boards kicking into gear, initiating a community survey to gather input on the platform's future strategic direction.

Joel Kruger, market strategist at LMAX Group, commented on these developments, highlighting Grayscale's inclusion of Livepeer in its AI crypto sector and the commencement of the Livepeer Foundation's community survey as significant positive drivers for the token's price action. These factors combined to create a bullish sentiment around LPT, propelling its value upwards against the prevailing market conditions.