CDS Crypto News AI-Powered Crypto Agents Show Promise but Lack Proven Utility
Crypto News

AI-Powered Crypto Agents Show Promise but Lack Proven Utility

18
Ai-Powered Crypto Agents Show Promise But Lack Proven Utility

AI-Powered Crypto Agents Gaining Interest but Remaining Speculative

Ai-Powered Crypto Agents Gaining Interest But Remaining Speculative

According to Switzerland-based cryptocurrency bank Sygnum Bank, artificial intelligence agents with a cryptocurrency theme might be one of the new trends of this year, but they are still very speculative.

Interest in AI-related crypto projects has grown substantially with the emerging niche of crypto AI agents, 

Sygnum researchers

The researchers noted that although AI agents have so far attracted a lot of interest, they have had difficulty demonstrating their value beyond conjecture. While the AI agent market is still largely speculative, they said, initiatives like Bittensor, the Artificial Superintelligence Alliance, and Phala Network are tackling the more realistic issues by trying to combine decentralized apps with AI services and their data needs.

AI Tokens Lead Crypto Rebound Despite Chinese AI Competition

Processes and decision-making are automated by agentic AI since agents can comprehend complicated objectives, carry out multi-step reasoning procedures, and operate with little assistance from humans. As the potential for AI agents to generate value is further investigated, Sygnum noted, tokens of prominent AI agent-creation protocols, including Virtuals and ai16z, may continue to gain. The market valuation of the growing AI agents niche subsector has also more than doubled to $10 billion in the last quarter, the report stated.

Even if there is increasing hope for decentralized AI, the Sygnum researchers warned that the rise of effective and affordable Chinese AI has caused a sell-off in cryptocurrency AI initiatives. The latest model from Chinese AI company DeepSeek was released in January, which shook US AI stocks and AI-focused cryptocurrency projects. However, with AI tokens leading today’s crypto market rebound, these stocks appear to be on the rise again.

For more up-to-date crypto news, you can follow Crypto Data Space.

Ai-Powered Crypto Agents Show Promise But Lack Proven Utility 310924
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Solana Defies Market Downturn: SOL Continues to Rise Despite Trump

Stay tuned to CDS for more comprehensive information on Solana defies market...

Trump Administration to Unveil Crypto Regulatory Roadmap in Upcoming Press Conference

Trump Administration to Unveil Crypto Regulatory Roadmap in Upcoming Press Conference

Dow Jones Today- 665-Point Plunge Turns Into Stunning Comeback!

Dow Jones rebounds after a 665-point drop, Tesla and Nvidia struggle, while...

Apple Stock Plunges: How Will New Tariffs Impact iPhone Production?

Apple's stock dropped over 3% after President Trump's announcement of a 10%...