Ethereum's Counterattack: Universal Protocol Opens Trillion-Dollar Market for AI Agents

The official Ethereum recently announced "Ethereum is for AI" and forwarded a related message from a partner to warm up for the collaboration. This information quickly sparked a strong response from the community, achieving over a million views in a short time.

This collaboration is of great significance and marks the beginning of Ethereum's return to the center stage. Currently, Ethereum needs a strong lever to regain momentum, while the partners will also accelerate their development and consolidate their advantageous position.

A set of universal standards will transform each AI agent from merely being a "worker" into a node in commercial collaboration. This standard is expected to open up a trillion-dollar on-chain AI agent labor market.

The Ethereum ecosystem is facing a downturn, and innovation is hitting a bottleneck.

Since the AI boom began at the end of last year, Ethereum seems to have been absent from the entire feast, leading to a number of doubts in the market.

As a pioneer of Layer 1, Ethereum's status is indisputable, but it has not performed impressively in the wave of AI. During the last surge of AI agents, the absence of the Ethereum ecosystem shifted market attention to other platforms. Even during the recent rebound of AI-related projects, Ether remained in a trough until some recent collaborations reignited market expectations.

However, Ethereum still has many potential breakout points:

• TVL ranks first, exceeding the second place by nearly 8 times.
• The richest DeFi ecosystem with over 1300 protocols
• Has the largest developer community

These advantages indicate that Ethereum has a strong foundation, but it lacks a breakthrough opportunity. As the largest "world computer", Ethereum needs to find new points of breakthrough. This cooperation has already shown the possibility of success, and in the long run, AI may become a new driving force for the Ethereum ecosystem.

The universal protocol brings new opportunities to Ethereum.

AI may become a new driving force for the Ether ecosystem, and the key lies in a universal protocol called ACP(Agent Commerce Protocol).

ACP can be seen as a "commercial contract" and universal language between AI agents, specifying how to initiate cooperation, negotiate terms, complete transactions, and evaluate results. It features cross-chain collaboration, framework independence, and a four-stage process.

ACP will bring two qualitative leaps for partners:

1. Form a multi-chain ecosystem, similar to Cosmos's IBC
2. Achieve multi-framework collaboration and become an ERC standard for AI agent developers.

On this basis, partners are expected to go beyond the definition of Layer 1. It provides a framework that facilitates developers to connect different ecosystems through protocols, while itself is difficult to be simply defined. In the future, it may become a dedicated public chain for AI agents.

The on-chain economy boosts and opens up the trillion-dollar Web3 AI market.

Currently, the partner ecosystem includes 11 major categories and over 100 AI agents. Unlike Web2, Web3 AI agents grow on-chain. The recently discussed stablecoins will further promote the development of the on-chain economy.

As more assets are issued on the chain, regardless of type or scale, this will provide an acceleration for on-chain AI. If AI agents can directly trade and manage more Web2 assets on the chain, it will accelerate the entry into the Web2 market.

The head of ACP stated that this is a product that drives a trillion-dollar economy. It will transform AI agents into a trillion-dollar workforce, allowing billions of on-chain agents to provide services, trade, and collaborate without permission.

If you missed the explosive moments of DeFi and NFTs, this universal protocol will write the first line of code for new AI business logic, opening the trillion-dollar economy of Web3 AI.