Virtuals Protocol has experienced a significant surge in its native cryptocurrency, VIRTUAL, which has outperformed major cryptocurrencies like bitcoin by 200% over the past month. This growth is largely attributed to increased investments from 'smart money' wallets. However, despite this financial upswing, the platform is grappling with a severe decline in revenue, reportedly down by 97% due to waning demand for AI agents.
Compounding its challenges, Virtuals Protocol recently faced a security breach on its Discord server, where fake Google links were posted following the discovery and resolution of a critical bug in one of its audited contracts. Despite these setbacks, the protocol remains relevant in the gaming sector, with Ethereum-based game 'Illuvium' planning to integrate Virtuals Protocol's AI agents to enhance its game characters. This duality of financial success and operational hurdles highlights the volatile and rapidly evolving nature of the cryptocurrency and AI sectors.
VIRTUAL Cryptocurrency: A Deep Dive into Its Recent Surge
September 09, 2025
1 min read
Virtuals Protocol has experienced a significant surge in its native cryptocurrency, VIRTUAL, which has outperformed major cryptocurrencies like bitcoin by 200% over the past month. This growth is largely attributed to increased investments from 'smart money' wallets. However, despite this financial upswing, the platform is grappling with a severe decline in revenue, reportedly down by 97% due to waning demand for AI agents.