虚拟协议（虚拟）作为收入和代币价值陷入困境

Virtuals协议的日常交易收入急剧下降，从1月的102万美元下降到2月底的34792美元。

Virtuals Protocol, once a rising star in the AI-powered blockchain sector, is now struggling to stay afloat as revenue plummets and token value continues to decline.

Virtuals协议曾经是AI驱动区块链领域的后起之秀，现在正努力保持随着收入下降和代币价值的持续下降而努力。

The past few months have seen a dramatic shift in the crypto market, with investors demanding real utility over hype. However, Virtuals has failed to adapt to this change, leading to a sharp decrease in user activity and a corresponding rise in selling pressure on the VIRTUAL token.

在过去的几个月中，加密货币市场发生了巨大的转变，投资者要求炒作真正的效用。但是，Virtuals未能适应这种变化，从而导致用户活动急剧下降，并在虚拟令牌上销售压力相应增加。

Revenue Collapse and Token Crash

收入崩溃和令牌崩溃

As shared by Dune Analytics, Virtuals Protocol’s daily transaction revenue has seen a significant decline, dropping from $1.02 million in January to just $34,792 by the end of February.

根据Dune Analytics的共同，Virtuals Protoct的每日交易收入显着下降，从1月的102万美元下降到2月底的34,792美元。

This steep decline in revenue is a clear indicator of a loss of user engagement and trading activity within the Virtuals ecosystem. At the same time, the VIRTUAL token has suffered a substantial price collapse, losing 35.2% of its value in the past week alone.

收入的大幅下降是一个明显的指标，表明虚拟生态系统中用户参与和交易活动的损失。同时，虚拟令牌的价格大幅下跌，仅在过去一周中就损失了其价值的35.2％。

At present, the token trades 88.8% below its all-time high of $5.07, raising concerns about its long-term sustainability and investor confidence.

目前，该代币的交易价格低于其历史最高售价5.07美元的88.8％，这引起了人们对其长期可持续性和投资者信心的担忧。

Several factors have contributed to this downturn, including shrinking liquidity, an oversupply of tokens, and the absence of real-world utility in the Virtuals Protocol ecosystem.

几个因素导致了这种低迷，包括流动性缩小，代币的过度供应以及虚拟协议生态系统中缺乏现实世界实用程序。

Dominick John, a senior researcher at Kronos Research, noted that investors are growing weary of blockchain projects that fail to provide tangible value.

克罗诺斯研究（Kronos Research）的高级研究员多米尼克·约翰（Dominick John）指出，投资者越来越厌倦了无法提供有形价值的区块链项目。

“As interest in the AI sector declines, so too will speculative enthusiasm for projects like Virtuals. Only projects with strong fundamentals, diverse revenue streams, and/or clear use cases will survive the downturn.”

“随着对人工智能部门的兴趣下降，对虚拟等项目的投机热情也会下降。只有具有强大基础，不同收入来源和/或清晰用例的项目才能在不景气中幸存下来。”

Only projects with strong fundamentals will survive the downturn. Credit: DOMINICK JOHN

只有具有强大基础的项目才能在低迷中生存。图片来源：多米尼克·约翰（Dominick John）

This shift in demand will force projects like Virtuals to pivot and demonstrate their ability to deliver value in a rapidly evolving market.

需求转变将迫使虚拟项目像虚拟的项目旋转并证明其在快速发展的市场中实现价值的能力。

The decline in user activity and the VIRTUAL token price are closely related to the broader trends in the crypto market and the changing investor preferences.

用户活动和虚拟令牌价格下降与加密市场和不断变化的投资者偏好的更广泛趋势密切相关。

The shift in focus towards utility and sustainability will determine which projects thrive and which projects fade away in the coming months.

将注意力转向公用事业和可持续性将确定哪些项目蓬勃发展，哪些项目在未来几个月内消失了。

The hype surrounding AI agent technology has also begun to wane, leading to a decrease in adoption on Virtuals Protocol.

围绕AI代理技术的炒作也开始消失，导致对虚拟协议的采用减少。

New AI agent creation on the platform has dropped from a peak of 1,300 in November to fewer than 10 per day in February, signaling a dramatic shift in user interest and participation.

该平台上的新AI代理创建已从11月的1,300个峰值下降到2月的每天不到每天不到10，这表明用户兴趣和参与发生了巨大变化。

Active wallet transactions on the platform have also decreased from 181,000 in November to just 7,642 in February, reflecting a substantial reduction in overall activity on the platform.

该平台上的主动钱包交易也从11月的181,000下降到2月的7,642，反映出该平台上的整体活动大幅下降。

This signals a phase of consolidation for projects like Virtuals, where only those with practical applications and strong user adoption will remain relevant in the long term.

这标志着虚拟项目等项目的合并阶段，从长远来看，只有那些具有实际应用和强大用户采用的人才能保持相关性。

“The hype cycle is ending, and from this point forward, only high-quality, utility-driven solutions will stand the test of time,” said Fraser Edward, CEO of Cheqd.

Cheqd首席执行官Fraser Edward说：“炒作周期即将结束，从这一点开始，只有高质量，公用事业驱动的解决方案才能经受时间的考验。”

This was once a highly searched keyword and was expected to bring back liquidity and bullish waves to the Crypto market in 2025. The drop in Bitcoin prices over the past few weeks and the lack of liquidity have inadvertently caused users to lose interest in AI Agents.

这曾经是一个高度搜索的关键字，预计将在2025年将流动性和看涨浪潮带回加密市场。在过去的几周中，比特币价格下跌，缺乏流动性无意间导致用户对AI代理失去了兴趣。

The reasons for this issue could be partly due to the lack of liquidity and profits on Virtuals, or it could be that the AI Agent label is not as hot as it once was.

此问题的原因可能部分是由于虚拟上缺乏流动性和利润，或者可能是AI代理标签不像以前那样热。

A Path to Revival for Virtuals Protocol

虚拟协议复兴的途径

Despite the challenges it faces, Virtuals Protocol does retain certain advantages.

尽管面临挑战，虚拟协议确实保留了某些优势。

Dan Smith from Blockworks Research highlighted that the project still maintains a financial cushion of $12.1 million in cbBTC, which could help to stabilize operations in the short term.

来自Blockworks Research的Dan Smith强调，该项目仍然保持了CBBTC的1,210万美元的财务缓冲，这可以在短期内有助于稳定运营。

However, with its market capitalization shrinking from $1.9 billion to just $360 million, Virtuals needs to take decisive action to regain investor confidence.

但是，由于其市值从19亿美元缩小到仅3.6亿美元，虚拟人员需要采取决定性行动才能重新获得投资者的信心。

Source: Dan Smith

资料来源：和史密斯

The next few months will be crucial for Virtuals to pivot and demonstrate its ability to deliver value to users.

在接下来的几个月中，对于虚拟的旋转和证明其为用户提供价值的能力将至关重要。

Without timely changes, Virtuals risks fading into obscurity like many other failed AI-driven blockchain projects. Nonetheless, the project's journey will continue to be closely followed by those interested in the evolution of the Web3 ecosystem. As projects face new challenges, they must adapt and innovate to remain competitive in the ever-changing landscape of blockchain technology. As interest in the AI sector declines, so too will speculative enthusiasm for projects like Virtuals. Only projects with strong fundamentals, diverse revenue streams, and/or clear use cases will survive the downturn. This shift in demand will force projects like Virtuals to pivot and demonstrate their ability to deliver value in a rapidly evolving market.

如果没有及时的改变，虚拟人就有像许多其他失败的AI驱动区块链项目一样，可能会逐渐消失。尽管如此，对Web3生态系统发展感兴趣的人将继续紧随其后的旅程。随着项目面临新的挑战，他们必须适应和创新，以保持区块链技术不断变化的景观。随着对AI部门的兴趣下降，对虚拟等项目的投机热情也会下降。只有具有强大基本面，不同收入来源和/或清晰用例的项目才能在不景气中幸存下来。需求转变将迫使虚拟项目像虚拟的项目旋转并证明其在快速发展的市场中实现价值的能力。

The post Virtuals Protocol Faces Dire Straits as Revenue Plummets and Token Crashes appeared first on Benzinga.

Virtuals Post Protocal面临可怕的海峡，因为收入暴跌和代币崩溃首先出现在Benzinga上。