
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. While tools such as OpenClaw, Moltbook, and specialized agent wallets are spreading rapidly across social media…








