Virtual Protocol’s daily revenue plunges 96.8% from peak

Virtual Protocol, an AI agent platform enabling blockchain-based AI monetization, saw its daily trading revenue plummet 96.8% from its Jan. 2 peak of over $1 million to below $35,000 on Feb. 27, according to Dune Analytics, cited by Cointelegraph. The decline was particularly sharp on Ethereum layer-2 Base, where revenue has stayed under $1,000 for 10 consecutive days. The platform's expansion to Solana has yet to offset losses, with only 11,000 wallets holding Virtuals tokens on Solana compared to 170,000 on Base.