x402 Launch Revolutionizes Crypto AI Agents with Wallet-Based Inference—No API Keys Needed
Hyperbolic Labs has launched x402, a groundbreaking development in AI-driven blockchain solutions that eliminates the need for API keys from inference providers. This allows AI agents to operate using only a crypto wallet, significantly reducing onboarding friction and potentially accelerating the adoption of on-chain AI agents.
The launch, announced on May 6, 2025, via Hyperbolic Labs’ official Twitter account, is likely to boost demand for related crypto infrastructure and tokens. Traders are advised to monitor projects integrating x402 technology, as seamless wallet-based inference may drive increased transaction volumes and liquidity across decentralized AI platforms.
Market Impact
The announcement has already shown a positive impact on AI-centric tokens. Fetch.ai (FET) saw a 3.5% price increase within four hours of the announcement, moving from 0.22 USDT to 0.228 USDT on Binance, with trading volume spiking by 18% to 12.4 million USDT. Similarly, SingularityNET (AGIX) recorded a 2.8% increase to 0.58 USDT, with volume rising to 8.9 million USDT in the same timeframe.
Technical Analysis
Technical indicators show bullish signals for FET, with the Relative Strength Index (RSI) climbing to 62 and the Moving Average Convergence Divergence (MACD) crossing above the signal line. For AGIX, the 50-day Exponential Moving Average (EMA) provided support at 0.56 USDT, with price action testing resistance at 0.59 USDT.
Correlation with Tech Stocks
The positive sentiment in AI crypto tokens correlates with gains in tech stocks, such as NVIDIA’s 2.1% and AMD’s 1.7% increases on May 5, 2025. This synergy between AI innovation, stock market performance, and crypto price action highlights a potential trading window for investors.
Conclusion
The x402 launch underscores the growing intersection of artificial intelligence and blockchain technology. As AI tokens react positively to such developments, their performance often mirrors sentiment in the broader tech sector. Traders should monitor key resistance levels and on-chain activity for FET, AGIX, and similar tokens to gauge whether this momentum translates into a longer-term trend.
