AI agents’ market cap surges 322% in Q4 2024, driven by Solana
Market capitalization of AI agents increased by 322% in Q4 2024, from $4.8 billion in October to $15.5 billion in December. The surge followed the launch of the Goatseus Maximus (GOAT) coin on Solana. AI agents, which are autonomous software programs utilizing AI for tasks in decentralized finance and blockchain ecosystems, are primarily based on Solana, holding a 56.48% market share with a capitalization of $8.44 billion. Base, a Coinbase-backed layer-2 blockchain, holds about 40.57% market cap dominance. Tokens linked to AI agents gained value after a Franklin Templeton report highlighted their potential. Bitcoin reached an all-time high of $108,135 in December, contributing to a 45.7% rise in total cryptocurrency market cap to $3.91 trillion. Ethereum layer-2 networks processed an average of 15 million daily transactions, with Base leading at 48.3%. Solana dominated decentralized exchange trading, accounting for over 30% of volume, surpassing Ethereum. Tron was the fastest-growing blockchain, with a 232.7% increase in trading volume quarter-on-quarter.
