x402 Could Transform AI Economy — or Burst the Hype Bubble

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x402’s protocol has attracted nearly $800M in market cap, up 350% in 24 hours, fueling excitement around AI-driven payments. Analysts note the ecosystem’s low capitalization offers upside but caution that only tokens with real products are likely to survive.
The trend raises a critical question: Is this the financial backbone for AI agents or another speculative hype wave?