AI Agents Were Supposed to Power a New Economy on Blockchain —What Went Wrong

As blockchain technology and artificial intelligence continue to converge, x402—a standard that enables AI agents to execute automated on-chain payments—was expected to serve as a gateway to the emerging Agent Economy. However, recent data shows a sharp decline in x402 transaction volume. This trend has raised doubts about whether the initial hype faded only months after its rapid rise. x402 Transactions Down More Than 92% According to a report from Artemis, the concept of x402 “agent payments” may currently be more illusion than reality source: https://beincrypto.com/x402-transactions-drop-in-feb/