Despite lagging behind its competitors in the decentralized finance (DeFi) space Cardano (ADA) has taken a significant step towards integrating artificial intelligence with 0 project's developers have begun integrating the x402 payment standard developed by Coinbase into the Cardano 1 step aims to enable artificial intelligence (AI) agents to make on-chain payments using the ADA and USDM 2 Masumi blockchain team which operates within the ADA ecosystem is leading the system's 3 founder Charles Hoskinson described the development as “a huge step for Cardano” in a post on the X 4 x402 protocol allows bots or AI-based agents to manage transactions on-chain without centralized control or human 5 integrating this technology into Cardano
AI agents will be able to automatically execute complex DeFi transactions such as token swaps staking and 6 is considered a significant step towards full automation of smart contracts on the 7 News: One of the Largest Cryptocurrency Companies Revealed It Purchased a Surprise Altcoin That is Not Even Listed on Binance Despite having a market capitalization of $24 billion ADA only has $322 million in locked assets (TVL) in the DeFi ecosystem
falling short of major networks like Ethereum and Solana as well as Layer-2 networks like Base and 8 has long voiced his frustration with Cardano's DeFi 9 criticized the Cardano Foundation for being “slow and ineffective,” saying that the foundation attempted to increase network activity by spending $15 million in 2024 but it failed to achieve the expected 10 October the Cardano community approved a $33 million ADA fund to increase liquidity for the DeFi 11 this
Cardano's stablecoin market capitalization is only around $36 12 comparison Ethereum's market capitalization is around $164 billion and Tron's is around $79 billion. *This is not investment 13 Reading: Cardano (ADA) Which Has Lagged Behind Recently Makes Its Next Move – Founder Hoskinson Reacts
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