Solana dominates as preferred blockchain for 70% of AI agents, Franklin Templeton report reveals

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AI-assistants are increasingly choosing Solana over other platforms due to its seamless scalability and cost efficiency.

As an analyst, I’ve recently observed a significant trend in the AI landscape: approximately 70% of AI-driven virtual assistants, or AI agents as they are often called, have opted to function on the Solana (SOL) blockchain. The primary reason for this choice lies in Solana’s robust capabilities to manage high transaction volumes efficiently and at relatively lower costs compared to other platforms.

Intersection of AI Agents & the Crypto Ecosystem

— Franklin Templeton Digital Assets (@FTDA_US) January 14, 2025

These advanced AI tools perform duties, make choices, and communicate with both humans and digital platforms, significantly altering the way cryptocurrency operations are handled.

A captivating illustration of AI agents in action is the Truth Terminal project’s chatbot on social media, which garnered attention for its endorsement of a fictional faith known as the “Goatse Gospel.” In July 2024, it attracted notice when it received a substantial Bitcoin (BTC) contribution from Marc Andreessen, a prominent venture capitalist associated with Andreessen Horowitz.

Truth Terminal significantly expanded its impact when it began endorsing and amplifying the popular meme coin Goatseus Maximus (GOAT) on the Solana platform. On November 16, 2024, GOAT reached a market capitalization of approximately $1.22 billion. As of January 15th, the coin is trading at $0.338, with a market cap of $338 million.

As a crypto investor, I’m always on the lookout for innovative projects, and two that have caught my attention lately are Zerebro (ZEREBRO) and ARC, both operating on the Solana blockchain. Zerebro is an AI-driven platform that produces music and NFTs using its open-source ZerPy framework, enabling me to tailor AI agents according to my preferences. Another intriguing project is ARC, a high-performance platform powered by Solana, where rule-based AI agents (virtual assistants) are available to help me make informed decisions or execute actions more efficiently.

Griffain focuses on developing customized artificial intelligence (AI) agents, whereas a16z utilizes the Solana platform for managing AI-driven interactions within their venture capital operations using the ElizaOS framework.

Recently, on January 2nd, Binance introduced perpetual contracts for three Solana-based AI coins: Griffain (GRIFFAIN), ai16z (AI16Z), and ZEREBRO. In the past day, GRIFFAIN has experienced a surge of more than 19%, while AI16Z has seen an increase over 14%, and ZEREBRO has risen by over 4%. This growth suggests a high level of enthusiasm for these Solana-based artificial intelligence coins.

AI technology is still in its early developmental phases, with a market value for AI-related tokens currently standing at approximately $3.95 billion on January 15th. This represents just 0.11% of the overall cryptocurrency market capitalization.

Nevertheless, some projects backed by Solana have seen a surge in popularity lately, contributing to a 14.5% increase in the total market capitalization of AI tokens within a day, according to CoinGecko. For example, Zerebro has launched music albums, while Dolos Diary, another AI-driven platform, has garnered millions of views on TikTok.

Beyond the AI agent initiatives, there’s also significant development taking place in VIRTUAL, an Ethereum-based platform that serves as a launchpad for AI agents, which peaked at a market cap of $4.62 billion on New Year’s Day 2025, but has since dropped to $1.92 billion currently. Notably, AIXBT by Virtuals Protocol, functioning on both Base and Solana, has seen a 45.2% increase over the last 24 hours according to CoinGecko.

In contrast to naysayers within the blockchain sector who believe the buzz around AI agents is largely promotional rather than technological, there’s a growing trend of integrating these intelligent agents with Solana. This integration thrives because the performance and cost-effectiveness of the Solana system are harnessed to enhance its functionalities and user interface.

In the year 2025, could crypto AI agents represent both an inflated speculative market (a bubble) and the most popular narrative of the time, as well as a potential future for humanity? This is somewhat similar to 2021, when Play-to-Earn/Non-Fungible Tokens (P2E/NFTs) were all the rage. They showed great potential, lasted roughly 12 months, and then…

In early 2022, a conflict between the UK and Russia erupted, and…

— Condz (@condzxyz) December 29, 2024

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2025-01-15 08:10