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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.
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x402 Transactions Down More Than 92%
According to a report from Artemis, the concept of <a href="https://beincrypto.com/opportunities-and-risks-behind-the-x402-token/" target="_blank" rel="noreferrer…