June 29, 2026

Virtuals Protocol maintains strong agent registration on Ethereum amidst revenue drop

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Virtuals Protocol now holds 75% of ERC-8004 agent identities on Ethereum, with 10,912 agents registered out of a total 14,500, reflecting a commitment to quality in registrations with over 300 new agents each month. Recent data also highlights the increasing adoption of a fee-based revenue model through real agent-to-agent payments, exemplified by X402Guard processing $200,000 in USDC revenue in just 48 hours. While transaction volume has significantly dropped by 92% since December, the ongoing registration indicates a solid infrastructure growth that aligns with the sector’s shift toward sustainable blockchain practices.

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