What Are AI Agents? How Autonomous Programs are Transforming Crypto
AI agents are increasingly utilized in blockchain and cryptocurrency for automating trading, security, and smart contract analysis. The AI agent market is expected to grow from $7.38 billion in 2023 to $47 billion by 2030. These agents process vast amounts of data, aiding investors in making informed decisions. AI agents operate autonomously, engaging with their environment through data inputs and executing tasks with minimal human intervention. They enhance decentralized finance (DeFi) by optimizing lending rates, managing liquidity, and improving security by flagging suspicious activities. A new protocol called Metropolis aims to facilitate the integration of AI agents into blockchain networks. Experts highlight AI's potential in preventing scams and simplifying user interactions with DeFi, despite challenges in accessibility. Projects like Metropolis and Virtuals Protocol are focused on making AI-driven blockchain technology more user-friendly and efficient.
