AI agents experienced a market cap surge of 322% in Q4 2024, rising from $4.8 billion to $15.5 billion. This growth was largely propelled by the launch of the Goatseus Maximus (GOAT) coin on the Solana blockchain in October 2024. AI agents are autonomous software applications utilizing artificial intelligence for various tasks, predominantly in decentralized finance (DeFi). Solana captured 56.48% of the AI agent market, amounting to a capitalization of $8.44 billion. Meanwhile, Base, a Coinbase-supported layer-2 blockchain, maintained a market dominance of approximately 40.57%. The report from Franklin Templeton highlighted the potential for AI agents to transform content generation in multiple industries. The crypto market as a whole thrived during this period, with Bitcoin reaching an all-time high of $108,135, and significant gains in Ethereum layer-2 solutions and decentralized exchanges, where Solana outpaced Ethereum in DEX trading volume.

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