CoinW Research Institute：AI Agent Observation Series, Part 1
Recently, Jensen Huang, the founder and CEO of NVIDIA, stated at CES 2025 that AI Agent is an important development trend in the future and may be a new leverage point for the machinery industry, containing trillion-dollar opportunities within it. AI Agent has become a key track to focus on in 2025, and projects combining it with blockchain have opened up even more possibilities.
The total market value of AI Agent has increased by 17.5% in the past 7 days.
According to data from cookie.fun, as of press time, the total market value of AI Agent is $15.2 billion, with a growth of 17.5% in the total market value within 7 days. In terms of the ecological observation, Virtuals and ai16z are the dominant players, with market values of $4.94 billion and $2.09 billion, respectively.
Currently, the top three projects in terms of market value are VIRTUAL with a market value of $3.3 billion, AI16Z with a market value of $1.72 billion, and FARTCOIN with a market value of $900 million. In the following text, we will focus on analyzing the recent hot projects.
Note: Most AI Agent projects are still in their early stages and are considered high-risk investments with highly volatile token values. This article is only for information sharing and discussion, not investment advice. DYOR.
Recently noteworthy AI Agents
1. BUZZ
The main narrative of BUZZ is to lower and simplify the operational thresholds for DeFi operations such as transactions and staking through AI Agent. It is currently the project with the highest market value in the field of AI + DeFi. It is also an award-winning project of the Solana AI Hackathon. The developer @jsonhedman holds 5% of the supply and will lock it up for one year. @jsonhedman is a programming enthusiast. He started learning programming at the age of 14 and has won 12 hackathon projects. Moreover, he has achieved certain accomplishments in the field of programming on the Web2 stack.
Recently, BUZZ has entered into a cooperative relationship with zerebro, hoping to complete more cross-chain and other scaled operations with a lightweight and flexible framework. This cooperation mainly aims to enhance and integrate the agency functions of ZerePy and the DeFi agent suite of BUZZ. According to official data, BUZZ has already gained 7,500 new users and sent over 30,000 messages. It’s worth noting that BUZZ is still at a very early stage. Its product has not been launched yet, and the code is also in the initial stage of development. As of press time, the market value of BUZZ is $82.4 million.
Official Twitter:https://x.com/askthehive_ai
2. CATG
The main narrative of CATG is AI + Trade, and it is also one of the award — winning projects of the Solana Hackathon. Compared with other Solana Hackathon projects, CATG already has some products. As shown in the figure below, the official website of CATG has taken initial shape. Currently, there are 9,407 Safe tokens and 59,085 Risk tokens listed on the official website. More intelligently, CATG has integrated factors such as the activity level of AI — related tokens. As of press time, the market value of CATG is $22 million.
Compared with BUZZ, CATG can already provide trading signals by monitoring and analyzing the market. However, whether it can reach the expected AGI level requires further observation. Currently, CATG is still in the early stage of token launch, and the fluctuations are extremely large.
According to Arkham’s detection, the address: 2WfNxFN74pzJWKnXQ7NpkbnbEEhSLVJZGiB9NvxQ4Vpb purchased 13% of the total token amount when the CATG token was just launched and sold all the tokens within 10 minutes with a profit of over 3500%.
Official Twitter:https://x.com/boltrade_ai
3. VAPOR
Based on the ElizaOS framework of ai16z, VAPOR is currently the only AI agent launch version on Hyperliquid. VAPOR was released on July 13, 2024. Its main feature is that it enables one — click deployment of AI agents without the need for coding. In addition, agents launched on VAPOR will be natively integrated with Hyperliquid’s trading environment, allowing AI agents to directly conduct transactions on L1.
It is worth noting that the token economy of VAPOR is similar to that of Virtuals. Users need to pay VAPOR to create agents, and a certain amount of VAPOR tokens is also required to create liquidity pools. Furthermore, the token has a burning mechanism. The launch of any agent requires the burning of a certain amount of VAPOR, and the specific amount burned will vary according to the price of VAPOR.
In terms of products, VAPOR has integrated social platforms such as X, Telegram, and Discord. In addition, VAPOR is planned to run on the Hyperliquid testnet in 2025. The uniqueness of VAPOR has also attracted the attention of the influencer “analyst” aixbt, which has led to a short-term increase of over 500% in the price of VAPOR. As of press time, the market value of VAPOR is $55.4 million.
Official Twitter:https://x.com/vaporwarefun
4. Focai
@focEliza is a branch of the Eliza framework, focusing on making AI agents fully on-chain. It brings comprehensive Web3 security features to AI agents, enabling all Eliza-based AI agents to have professional-level on-chain security protection. Its goal is to enable AI agents to achieve on-chain asset management and decision-making just like humans. In addition, the development team @focEliza has created a TEE plugin foundation for Eliza, allowing AI agents generated at the bottom layer of the Eliza framework to be generated in a TEE environment, thereby enhancing the security and verifiability of AI agents.
Focai is the first immortal AI ape of this framework and is also known as the first on-chain AI agent APE. Its operation uses TEE technology of @PhalaNetwork. With the help of the ElizaOS framework, its consciousness is stored in the IPFS database and its identity is registered in the Base smart contract. Therefore, Focai is regarded by the community as an emerging example of AI Agent + TEE technology + data storage + on-chain framework.
In addition, Focai has also established a cooperative relationship with Goplus, whose main goal is the security chain. Goplus mainly provides services such as Token security detection, NFT security detection, phishing website detection, and malicious authorization detection. This means that AI agents based on @focEliza have more security guarantees in asset management and community management. Focai integrates various innovative elements such as on-chain framework, TEE, and on-chain NFT. Currently, representing a new direction of exploration. As of press time, the market value of Focai is $26.6 million.
Official Twitter: https://x.com/focEliza
5. DIN
@din_lol_ is a platform that has transformed from a data analysis platform into an AI Agent platform, and its predecessor is Web3Go. The recent widespread attention on @din_lol_ can be attributed to three main reasons: First, the project is in the testnet stage and the Token Generation Event (TGE) is approaching, attracting many users who are interested in airdrops to participate. Second, DIN is backed by BNB Chain and is called the first AI Agent chain by the community. It has received investment from Binance labs and is expected to develop into a “Layer 2” on BNB. Third, the core technology of @din_lol_ is worthy of attention. Currently, most AI data on BNB is stored in Greenfield, and DIN is a giant in Greenfield storage.
Compared with other AI Agent projects, @din_lol_ has a longer development cycle and has more accumulations both in the team and in the product. Currently, the core products of @din_lol_ are mainly divided into three categories: the on-chain data analysis platform Analytix, the on-chain AI agent creation and assetization platform Reiki, and the AI data collection tool xData. In the future, the official plans to expand into more Web2 areas to facilitate the connection with Web3. At present, DIN has more than 1 million daily active users, processes more than 100 million pieces of data, and the platform has more than 30 million users.
DIN is a representative project of the public — chain service system solution, bringing more systematic services to AI Agent. However, it needs to be considered whether DIN users can be retained after the airdrop and TGE fever subsides. Can DIN stand out among the public — chain Layer2 of AI Agent?
Official Twitter: https://x.com/din_lol_
Summary
AI Agent has become the focus of the industry, and the total market value of the track has repeatedly reached new highs. AI Agents projects are presented in diverse ways, but the problem they all face is how to truly implement AI Agents.
In addition, it is worth noting that there are different narrative themes at each stage. Taking the recent period as an example, we can notice that after the Solana Hackathon event, DeFAI has become the darling of the market in a short time. However, judging from the projects currently on the market, the execution and trading results of DeFAI’s AI Agent are highly uncertain.
Interestingly, it is these uncertainties that continuously generate more opportunities and continuously solve the current problems in the market. This is precisely the charm of cryptocurrencies. Driven by AI Agents, we expect more innovative cases to be implemented and truly promote social progress.
