Solana Emerges as the Preferred Blockchain for 70% of AI Agents, According to Franklin Templeton Report

Solana Emerges as the Preferred Blockchain for 70% of AI Agents, According to Franklin Templeton Report

A recent report by Franklin Templeton has revealed that Solana is emerging as the dominant blockchain choice for AI-powered virtual assistants, or AI agents. These agents, which are essentially sophisticated tools capable of executing tasks, making decisions, and interacting with both people and digital systems, have gained significant traction within the crypto sector. Solana is favored by approximately 70% of these AI agents due to its remarkable scalability and ability to handle large volumes of transactions at very low costs, making it an ideal platform for decentralized applications (dApps) that require efficiency and affordability.

The growing preference for Solana among AI agents is underscored by several high-profile projects leveraging the blockchain. One of the most notable examples is the Truth Terminal project, which first captured public attention in July 2024 by promoting a fictional religion called the “Goatse Gospel” on Twitter. The chatbot’s viral campaign gained even more momentum after receiving a large Bitcoin donation from Marc Andreessen, a prominent venture capitalist associated with Andreessen Horowitz. As a result, Truth Terminal’s influence expanded further when it started boosting the Solana-based meme coin Goatseus Maximus, helping it achieve a market cap of nearly $1.22 billion by mid-November 2024. As of January 15, 2025, the Goatseus Maximus coin, abbreviated as GOAT, was trading at $0.338, with a market cap of $338 million.

In addition to Truth Terminal, other Solana-based projects are also making waves in the AI agent space. For example, Zerebro (ZEREBRO) uses AI to create music and NFTs, leveraging its open-source ZerPy framework to enable customization of AI agents. Another key project, ARC, operates as a high-performance platform on Solana designed to support rule-based AI agents, which are virtual assistants that assist users with decision-making or taking actions. The Griffain project, which aims to create personalized AI agents, and ai16z, a framework that uses Solana to handle AI-enabled interactions in venture capital, are also significant players in this growing field.

In early January 2025, Binance launched perpetual contracts for several Solana-based AI projects, including Griffain, ai16z, and Zerebro. These projects have shown notable market optimism, with Zerebro, for example, experiencing a 4% increase in its token price within the last 24 hours, while Griffain saw a rise of over 19% and ai16z increased by more than 14%. This positive performance highlights the growing interest in Solana-based AI tokens, which collectively make up a portion of the AI token market that reached a market cap of $3.95 billion by January 15, 2025. Though this market remains small, accounting for only 0.11% of the overall cryptocurrency market cap, it saw a significant 14.5% daily growth, driven in large part by Solana-funded AI projects.

Projects like Zerebro, which has already released music albums, and Dolos Diary, another AI agent that has garnered millions of views on platforms like TikTok, demonstrate the increasing impact AI agents are having on entertainment and social media. These developments suggest that AI agents are not only reshaping the crypto space but also making their mark in mainstream digital culture.

Interestingly, AI agent growth is not limited to Solana. Virtual Protocol, an AI agent launchpad based on Ethereum (ETH), reached a market cap of $4.62 billion on January 1, 2025, but has since dropped to $1.92 billion. On the other hand, aixbt, a project within the Virtual Protocol ecosystem operating on both Base and Solana, saw a notable 45.2% increase in the last 24 hours, according to CoinGecko.

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While there are some skeptics in the blockchain community who believe that the AI agent hype may be more about marketing than actual technological progress, the continued integration of AI agents into the Solana ecosystem speaks to their growing influence. The performance, scalability, and low-cost nature of Solana’s blockchain make it an ideal environment for these AI-powered applications, allowing them to improve their functionality and deliver more innovative features to users. This trend highlights the ongoing convergence of blockchain and artificial intelligence, which may be a key area of development for the crypto industry in the years ahead.

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