The Virtuals Protocol, specializing in tokenized AI agents on the Ethereum layer-2 Base, has seen a remarkable surge in value, gaining 28% in just one day and reaching a market cap of $1.9 billion. The protocol’s native token, VIRTUAL, now trading at $1.38, has increased by 161% over the past week and has entered the top 100 cryptocurrencies by market cap. The driving force behind this surge is the growing demand for AI-powered autonomous agents that can perform tasks akin to human decision-making. These agents are highly compatible with various platforms and can facilitate transactions without constant user commands. Other tokens within the protocol ecosystem, such as Aixbt, Luna, and VaderAI, have also experienced significant price increases. The rising interest in AI agents reflects a broader trend in the blockchain sector, merging the capabilities of cryptocurrency with advanced AI technology.

Source 🔗