Researcher Leon Waidmann cited data from Token Terminal and TRM Labs on November 14: Agent payments on the x402 protocol totaled about $1.59 million in October, down 94.5% from November 2025; only 0.6% to 7.5% of x402 transactions screened by TRM appeared to have been initiated by Agents.

Conclusion: The payment rails are ready, but real demand has yet to emerge.

Do you think Agent payments are just ahead of their time, or has the potential of this direction been overestimated?
#AIAgent #x402
Not investment advice