Virtuals Protocol Revenue Plummets 97% as Demand for AI Agents Dwindles: Insights on Market Trends and Future Outlook
Virtuals Protocol, a platform for creating and monetizing AI-driven virtual agents on the blockchain, has seen a dramatic drop in daily trading revenue, plunging by 96.8%. Despite expanding from Coinbase’s Ethereum layer-2 Base to Solana, the revenue has dwindled from over $1 million in early January to below $35,000 by late February. Daily earnings on ...