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Home Blog Page 181

NEAR Protocol’s Q3 2025 Performance

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The NEAR Protocol (NEAR), positioned as an AI-native blockchain, has indeed seen a notable rebound, driven by heightened ecosystem activity.

This positions NEAR at #32–#48 among cryptocurrencies, with live prices around $2.67 USD and circulating supply of ~1.28B tokens. Recent surges (e.g., +20–38% in early November) have pushed it toward $3.6B amid broader AI-blockchain hype.

NEAR’s DEXs (e.g., Ref Finance) benefited from a broader DeFi boom, with global DEX volumes hitting records like $1.36T in October 2025. NEAR-specific on-chain trading doubled daily ATH to $200M in early November, fueled by intents-based liquidity tools.

NEAR’s stablecoin ecosystem (e.g., USN, bridged USDC/USDT) grew in tandem with DeFi expansion. This mirrors a 2–10x global stablecoin surge since 2020, with non-USD variants up 30% due to USD volatility from U.S. tariff policies.

What Drove This Growth?

The 533% QoQ surge reflects NEAR’s shift toward “intents” user-friendly transaction abstractions, which slashed friction in DeFi trading. This led to record on-chain activity, including Zcash integration for privacy-enhanced swaps and a rotation into AI-infra tokens like NEAR amid Bitcoin/Ethereum slumps.

Stablecoin Momentum: The 28% jump supports NEAR’s role as a high-throughput L1 for AI agents and dApps. Stablecoins on NEAR enable seamless cross-Web2/Web3 interactions, with total issuance nearing institutional thresholds (e.g., USDC at $61B globally). This ties into NEAR’s founders’ AI roots—co-authoring the transformer paper behind modern LLMs.

Despite macro headwinds (e.g., $500B+ drain from global bank reserves since July), NEAR’s +24% QoQ outpaced the crypto market’s -8.8% dip. AI narratives, developer incentives, and integrations like Halliday reducing onboarding to <60 seconds amplified adoption.

NEAR’s trajectory suggests continued upside if DeFi volumes sustain projections: spot DEXs at $1.3T+ in Q4. Price forecasts for late 2025 hover at $1.90–$2.30, but volatility looms from regulatory shifts (e.g., U.S. GENIUS Act for stablecoins) and competition from Solana/Tron DEXs.

NEAR Intents: A User-Centric Transaction ModelNEAR Intents is a declarative transaction paradigm that lets users state what they want to achieve (e.g., “swap 10 USDC for the best-priced ETH”) instead of how to achieve it (writing a multi-step script across DEXs, bridges, etc.).

The network’s solvers compete to fulfill the intent in a single, atomic, gasless (for the user) transaction. Think of it as Uber for blockchain actions: you say “take me from A to B”, and specialized solvers figure out the optimal route, gas, and execution path.

Users sign a high-level intent ? Solvers race to deliver the best outcome ? The winning solution is executed atomically on-chain. User creates a signed message: I want to swap X ? Y with min output Z. No gas, no account needed upfront.

Intent Pool; Intent is posted to an on-chain or off-chain mempool like a job board. Specialized bots (solvers) scan intents and build execution paths using DEXs, bridges, lending, etc. Solvers submit bundled transactions via account abstraction that fulfill the intent.

Atomic Execution; The best solution (by user-defined criteria: price, speed, etc.) is selected and executed in one block. User pays the solver in the output asset (e.g., ETH), not NEAR gas.

Users don’t need a NEAR account. Intents are signed with any key (EOA, passkey, MPC). NEAR can sign transactions for other chains (EVM, BTC, Solana) via MPC-TSS. Enables cross-chain in one intent. Open market of solvers (like 1inch Fusion or CoW Swap) but native to L1.

Solvers front gas; users pay in target asset. Intents can route through Zcash shielded pools or Nightshade sharding for MEV protection. Solver bridges via Rainbow Bridge, swaps on Ref Finance, delivers NEAR.

Solver checks Ref, Burrow Swap, Trisolaris ? picks optimal path. AI agent signs intent; solver executes on approval signal. User writes script (approve ? swap ? bridge). User signs one message. Multi-step, high failure rate. Atomic, all-or-nothing. Pays gas in native token. Pays in output asset.

Elon Musk Says Tesla’s Optimus Robots Could Eliminate Poverty, Transform Global Economy

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Tesla CEO Elon Musk has laid out an ambitious vision for the company’s humanoid Optimus robots, predicting they could reshape the global economy and drastically reduce human labor needs — even potentially eliminating poverty.

Speaking at Tesla’s annual shareholder meeting on Thursday, Musk tied the futuristic robot initiative to the ambitious targets behind his recently approved $1 trillion pay package.

Musk painted a picture of a future in which Optimus robots operate continuously, multiplying human productivity many times over.

“There’s a limit to much how much AI can do in terms of enhancing the productivity of humans, but there is not really a limit to AI that is embodied,” he said, emphasizing the potential of physical AI to outperform humans in labor-intensive tasks.

He predicted that each Optimus robot could achieve five times the productivity of a human worker per year, operating 24/7.

While the robots are still in the design stage and Tesla has faced challenges perfecting their dexterity — particularly their hands — Musk outlined a broader economic vision. He suggested that Optimus could help solve societal problems such as poverty and incarceration. Instead of traditional prisons, Musk said robots could “follow you around and stop you from doing crime.” He claimed Optimus could make working optional, envisioning a “benign scenario” in which society enjoys universal high income and access to products and services without traditional labor.

The shareholder meeting underscored the financial stakes tied to this vision. Musk’s historic pay package, approved with more than 75% support, ties payouts to achieving extraordinary corporate milestones, including the sale of one million Optimus robots over the next decade. The compensation structure is intended by Tesla’s board to keep Musk focused on executing his ambitious plans while aligning his financial incentives with shareholder value.

Musk also framed Optimus within a broader narrative of “sustainable abundance,” a central theme in Tesla’s Master Plan Part IV. He argued that AI and robotics are essential to preventing economic crises, suggesting that these technologies could boost the global economy by a factor of 10 or even 100.

“I came to the conclusion that the only way that the only way to get us out of the debt crisis and to prevent America from going bankrupt is AI and robotics,” Musk said.

In Musk’s vision, the future robotic economy also presents significant social and economic disruption. He acknowledged that while automation could create abundance, the transition may entail considerable trauma. Musk emphasized that robots would replace most jobs, making work optional in a society where AI and automation provide the essentials.

The concept of robots enabling universal basic income aligns Musk with other tech leaders who have explored similar ideas. Sam Altman, CEO of OpenAI, conducted a basic income pilot in 2024, while Facebook cofounder Chris Hughes and eBay founder Pierre Omidyar have publicly advocated for a universal basic income as a response to technological disruption.

Despite the bold claims, Optimus remains a production challenge. Tesla has staged public demonstrations showing robots handing out candy, performing martial arts routines with celebrities, and dancing at shareholder events, but mass production is still years away. Musk projects that once Optimus reaches volume production, it could be sold for $20,000 to $30,000 per unit.

Musk’s vision merges radical technological ambition with social and economic theory, positioning Tesla’s humanoid robots as both a driver of corporate growth and a potential engine for global prosperity. Achieving the Optimus sales targets could unlock Musk’s trillion-dollar compensation package and cement the company’s leadership in robotics and AI, while failure could underline the immense challenge of realizing such sweeping societal change.

This marks a dramatic moment in Tesla’s push beyond electric vehicles, as the company bets that humanoid robots, long considered a sci-fi dream, could soon become a transformative economic force.

The Fed’s Liquidity Pivot Fueling Crypto’s Next Surge or Bubble Burst

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The cryptocurrency market in November 2025 is at a pivotal crossroads, with Bitcoin hovering around $103,000 after a volatile month marked by sharp corrections and renewed optimism.

The U.S. Federal Reserve’s recent moves—injecting $29.4 billion via overnight repo operations the largest since the 2020 pandemic and signaling the end of quantitative tightening (QT) on December 1—have reignited debates about whether this is the spark for a historic bull run or the inflation of an unsustainable bubble.

Fed Chair Jerome Powell described the balance sheet expansion as a “technical adjustment,” but markets interpret it as a subtle return to quantitative easing (QE), prioritizing stability over aggressive inflation control.

This liquidity push comes amid a prolonged U.S. government shutdown draining $15 billion weekly from the economy, adding short-term stress but setting up a potential rebound once resolved.

Excess liquidity historically flows first to “barometer” assets like Bitcoin and Ethereum, then cascades into altcoins and meme coins as speculation heats up. The $29.4B injection on October 31 eased banking system stress, similar to 2019’s repo crisis that preceded QE and a crypto boom.

Follow-up operations added another $7.75B on November 3, signaling ongoing support. China’s PBOC is injecting funds to lower borrowing costs, expanding global M2 money supply and historically correlating with Bitcoin rallies.

Stablecoin supply (USDT, USDC) now at 3% of total market cap hints at sidelined capital ready to deploy. Odds for a December cut dipped to 65% from 90%, but further easing in 2026 potentially under a new Fed chair post-Trump’s influence could sustain the tailwind.

Analysts like Raoul Pal call this the dawn of “The Banana Zone”—a liquidity resurgence phase where crypto ascends sharply. Open interest in Bitcoin futures has stabilized at ~90,000 contracts, suggesting consolidation before an upside break.

On X, traders echo this: “We are going into a liquidity easing cycle very soon… incredibly strong tailwind for all risk assets.” While the upside is tantalizing, skeptics like Ray Dalio warn of a “classic asset bubble” in an overheated economy with record stocks, low unemployment, and sticky inflation.

Reverse repo usage hit $75B+ since late October, draining liquidity even as injections occur—a “push-pull” dynamic keeping sentiment volatile. Liquidations topped $2B on November 5, mostly longs, as spot investors pulled back.

US Government shutdown at 36 days, it’s frozen data and delayed crypto legislation (e.g., stablecoin rules, ETF approvals), potentially pushing milestones to 2026. U.S.-China trade threats and a stronger dollar are lifting Treasury yields, siphoning funds from risk assets.

ETF inflows slowed, with Bitcoin underperforming gold amid consolidation. Altcoins could drop another 30% vs. BTC if liquidity thins further. X sentiment reflects the split: “Fed’s QE is about to fuel the bubble into a violent pop… but not before adding tons of liquidity.”

A Melt-Up with Guardrails. The base case is a “sideways consolidation with mild bullish bias” through mid-November, pivoting to upside if the shutdown resolves and Fed rhetoric turns dovish.

Bitcoin could test $115K by month-end, with Ethereum reclaiming $4K, setting up December optimism. For altcoins, focus on utility plays (e.g., Bitcoin scalers like Bitcoin Hyper) over pure hype, as liquidity favors narratives tied to BTC’s ecosystem.

This isn’t 2021’s unbridled mania—structural adoption— ETFs, stablecoins provides a floor, but overexposure risks a 2000-style pop. Position for the flow, but hedge: 60% BTC dominance signals flight to safety for now. The bubble may inflate further, but the real question is your exit timing.

Rheinmetall, ICEYE Form Joint Venture for SAR Satellites, as Germany Pushes for UN Reform

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German defense giant Rheinmetall AG and Finnish satellite company ICEYE formally established a joint venture named Rheinmetall ICEYE Space Solutions GmbH.

This partnership focuses on manufacturing Synthetic Aperture Radar (SAR) satellites and other space-based solutions, primarily for military reconnaissance and intelligence purposes. The venture is headquartered in Neuss, Germany (near Düsseldorf), where an existing Rheinmetall automotive plant is being repurposed for defense production.

Operations are slated to begin in late 2025, with the first locally produced satellites expected in 2026.This development builds on an initial memorandum of understanding (MoU) signed on May 8, 2025, which has now progressed to full establishment following regulatory approvals.

The JV is part of Rheinmetall’s broader “Space Cluster” initiative to expand its capabilities in space technology, responding to growing global demand for sovereign defense assets in Europe.

Initial production of SAR satellites; expansion to other space solutions (e.g., additional reconnaissance tech). High-resolution imaging independent of weather, time of day, or light conditions—ideal for all-weather military surveillance

Enhances ISR (Intelligence, Surveillance, Reconnaissance) for allied nations; supports Ukraine’s defense needs via existing ICEYE data feeds. Rheinmetall invested in ICEYE through its subsidiary Rheinmetall Nordic, gaining access to the world’s largest SAR satellite constellation.

September 2024: Rheinmetall secured exclusive marketing rights for ICEYE’s SAR satellites to military/government users in Germany and Hungary.

November 2024: The pair signed a German government-backed deal to supply SAR data to Ukraine’s Ministry of Defence, extending ICEYE’s support since 2022 amid Russia’s invasion.

Rheinmetall CEO Armin Papperger highlighted the JV as a step to “make further inroads into the space domain” while bolstering Germany’s tech ecosystem. ICEYE CEO Rafal Modrzewski emphasized its role in “securing sovereign defense capabilities for Europe” and positioning ICEYE as a key ISR provider for allies.

This move addresses surging demand for space-based reconnaissance amid geopolitical tensions, particularly in Europe. By localizing production, the JV aims to reduce reliance on foreign supply chains and accelerate delivery for defense forces.

It also repurposes civilian infrastructure for military use, creating jobs in Neuss and aligning with Europe’s push for strategic autonomy in space tech.

Synthetic Aperture Radar (SAR) is a powerful active remote sensing technology that uses microwave radar signals to create high-resolution images of the Earth’s surface—day or night, through clouds, rain, smoke, or darkness.

Synthesize a large antenna Computer algorithms combine all echoes as if they came from a giant virtual antenna hundreds of meters long— this is the synthetic aperture. Generate High-Res Image. The processed data forms a detailed 2D or 3D radar image with resolution down to 25 cm or better.

Real-world example: During the 2022 Ukraine conflict, ICEYE SAR satellites detected Russian troop movements at night and in bad weather when optical satellites were blind.

ICEYE operates the world’s largest SAR constellation. The Rheinmetall ICEYE Space Solutions GmbH joint venture will:Build SAR satellites in Germany (sovereign production)
Reduce dependency on US/foreign systems
Supply NATO allies and Ukraine with real-time ISR.

Repurpose automotive plant in Neuss for space tech. First German-made SAR satellites expected 2026. SAR in One SentenceSAR satellites use radar pulses and clever math to create detailed, all-weather, day-and-night images of Earth—revolutionizing intelligence, disaster response, and environmental monitoring.

Imagine a satellite “painting” the ground with radar beams while flying, then stitching thousands of echoes into a photo-quality image—even during a hurricane at 3 AM. That’s SAR.

Germany Push for UN Reform in the 21st Century

Germany’s top diplomat has indeed called for urgent reforms to the United Nations, emphasizing the need to adapt the organization to contemporary global challenges.

This statement comes at a pivotal time, as the UN faces criticism for its outdated structures amid rising geopolitical tensions, climate crises, and technological disruptions.

Annalena Baerbock, Germany’s former Foreign Minister (2021–2025), who was recently appointed President of the UN General Assembly for the 2025–2026 session. Germany nominated her for this role in June 2025, selecting her over veteran diplomat Helga Schmid.

In a May 2025 address at the UN headquarters in New York, Baerbock declared, “The United Nations is needed more than ever before.” She advocated for structural reforms to enhance efficiency, reduce costs, and better address 21st-century issues like climate change, conflict resolution, and equitable representation.

This aligns with broader German foreign policy priorities, including a pivot toward climate diplomacy and multilateralism. Baerbock’s appointment underscores Germany’s commitment to revitalizing the UN, where it has long pushed for Security Council expansion to include more diverse voices.

The UN, founded in 1945, has been criticized for its veto powers held by the five permanent Security Council members (U.S., Russia, China, UK, France), which often paralyze action on modern threats. Baerbock’s role could amplify calls for: Reform Proposals: Streamlining bureaucracy, increasing funding transparency, and integrating digital governance tools.

German Perspective: As a major EU player and economic powerhouse, Germany views UN fitness as essential for global stability, especially post-Ukraine war and amid U.S.-China rivalry.

The United Nations Security Council (UNSC), established in 1945 with 15 members—five permanent (P5: China, France, Russia, UK, US) holding veto power and ten non-permanent elected for two-year terms—has faced growing calls for reform to reflect 21st-century geopolitics.

Expansion is a core focus, driven by the need for better representation of emerging powers, regions like Africa and Asia, and contributions to global peace. Germany’s advocacy, through the G4 nations (Germany, Brazil, India, Japan) and figures like Annalena Baerbock, emphasizes inclusive growth without diluting effectiveness.

As of November 2025, negotiations in the Intergovernmental Negotiations (IGN) continue, with a revised “Elements Paper” on convergences and divergences released in June 2025, but no binding changes yet.Current Structure vs. Proposed ExpansionsReform proposals aim to increase membership to 25–26 while addressing veto rights, regional balance, and working methods.

These models build on the UN Charter’s Article 108/109 requirements for amendments, needing two-thirds General Assembly approval and P5 ratification— a high bar given veto interests.

Germany’s Position and Baerbock’s InfluenceGermany, as the EU’s largest economy and a top UN contributor over one-third of the regular budget, pushes for expansion to include “under-represented” voices while prioritizing rules-based order.

In April 2025 IGN remarks, Germany endorsed G4’s model, stating: “The reform expands both categories… with new permanent members firmly committed to a rules-based international order.”

This avoids a “zero-sum game,” balancing European seats (already two P5) with global equity. Annalena Baerbock, Germany’s former Foreign Minister (2021–2025) and UN General Assembly President for 2025–2026, amplifies this. Elected in June 2025 despite Russian opposition, she calls Security Council reform “long overdue” but step-by-step, citing veto paralysis on Ukraine and Gaza.

Her vision—”Better Together”—prioritizes UN-wide reforms via the UN80 initiative, including Security Council inclusivity, funding, and climate integration. Baerbock opposes unilateral veto suspension (e.g., Zelenskyy’s 2023 idea for Russia) but supports broader changes.

Germany also seeks a non-permanent seat for 2027–2028 to build momentum.Challenges and. The Uniting for Consensus group (Italy, Pakistan, etc.) favors longer non-permanent terms over new permanents. P5 divisions persist—US backs Japan/India/Germany but limits African vetoes; China opposes Japan; Russia critiques Western bias.

The 2024 Pact for the Future and 2025’s 80th anniversary spurred talks, with a proposed General Assembly decision on enlargement by September 2025. UK/France support G4; BRICS (2025 Rio Summit) echoes calls for India/Brazil.

Beyond size, proposals include veto limits on atrocities, better General Assembly-UNSC ties, and tech for transparency (e.g., interactive working methods handbook, May 2025). As Baerbock noted in May 2025: “The United Nations is needed more than ever before,” but fitness requires action.

With IGN timelines extending into 2026, 2025 could yield a framework, though full expansion may take years. This development signals a proactive European stance on international institutions, potentially influencing upcoming UN summits.

Zcash ($ZEC) Surges, as Jesse Pollak Releases AI Clone “Jessexbt”

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Zcash, the privacy-focused cryptocurrency known for its optional shielded transactions via zero-knowledge proofs, has indeed exploded in value today, November 7, 2025.

The token surged approximately 18-24% in the last 24 hours, pushing its price to around $632 with intraday peaks above $680 and boosting its market capitalization to over $10.3 billion. This catapulted ZEC into the top 12 cryptocurrencies by market cap, ranking it at #12 on major trackers like CoinMarketCap and CoinGecko.

During the peak of the rally, ZEC briefly flipped Hyperliquid ($HYPE), a decentralized perpetuals exchange token, in market cap—ZEC hit $10.9B while HYPE hovered at $10.8B—before settling just below it again.

This isn’t just a flash in the pan; it’s part of a broader “privacy revival” narrative amid rising concerns over financial surveillance, CBDC rollouts, and regulatory scrutiny. ZEC’s hybrid model allowing both transparent and private transactions makes it more exchange-friendly than pure-privacy peers like Monero ($XMR), which it also overtook in market cap earlier this week for several hours.

With over 30% of ZEC now in shielded addresses and 30% of transactions using privacy features, users are hedging against surveillance. Integrations like Solana wrapping ($12M volume) and NEAR cross-chain swaps via Zashi wallet are driving real utility.

Halving Hype: The upcoming November 2025 halving mirroring Bitcoin’s schedule is fueling speculation, with block rewards set to halve, potentially tightening supply. Arthur Hayes revealed ZEC as his fund’s second-largest holding after BTC, citing a 750% gain since October. Figures like Naval Ravikant have amplified the privacy narrative on X.

ZEC broke key resistances at $531 and $600, with RSI at 90+ overbought but bullish. Funding rates flipped negative after 350% APR highs, signaling distribution but also whale accumulation (e.g., a $21M long liquidated at $398 amid the pump to $580).

Privacy coins are up big—Dash (+141% weekly), Decred (+96%), zkSync (+122%)—as investors rotate from bleeding majors like BTC (-18% monthly). The X ecosystem is buzzing with excitement, memes, and speculation. Users are hyping ZEC’s climb:”

ZEC flips $HYPE. Next up $ADA and $DOGE”, with a chart showing the overtake. “Zcash ($ZEC), the spotlight of crypto! Now storming into TOP 12… will it surpass $HYPE and $ADA?, predicting a push to $21B market cap.

If momentum holds, $700-800 by month-end isn’t outlandish per CoinCodex forecasts, driven by halving and ecosystem upgrades like Project Tachyon. Privacy could become 2025’s meta, especially with ZEC’s regulator-friendly design.

Overheated RSI and negative funding suggest profit-taking; a BTC dip below $99K could drag alts. Binance’s recent ban on shielded transactions raises compliance flags, though ZEC’s optional privacy mitigates this.

Analysts eye $425 by late November, +12% or $722 by December per CoinCodex, +48%, but volatility is high—ZEC’s 28% daily swings aren’t for the faint-hearted. This rally underscores a shift: In a world of traceable blockchains, privacy isn’t niche—it’s essential.

ZEC’s climb from #18 to #12 reflects a broader altcoin thaw, but its mechanics amplify the impact. The optional privacy model—zk-SNARKs enabling shielded transactions without mandatory opacity—has driven long-term holding, reducing liquid supply by ~28-30% as coins lock into encrypted pools.
This “effective scarcity” mirrors Bitcoin’s halving playbook but adds a privacy premium, tightening sell-side pressure and fueling FOMO. Retail and institutions are rotating from underperforming majors BTC -3% 24h, ETH -4% into privacy narratives.
Arthur Hayes’ Maelstrom fund now holds ZEC as its #2 asset post-BTC, citing 750% YTD gains and “semi-quantum ready” tech. Grayscale’s ZEC Trust ballooned to $137M AUM (+228% MoM), hinting at spot ETF potential and institutional hedging against traceable chains.
Privacy coins surged—Dash +141% weekly, Decred +96%—pushing the category’s total cap to $22B. ZEC’s flip of HYPE signals DeFi liquidity favoring utility over pure speculation, potentially dragging ADA (#10) and DOGE (#9) into contention if volume sustains.
Overbought RSI (90+) and negative funding rates post-350% APR highs suggest a short squeeze liquidated $21M in longs, but also whale accumulation. If BTC dips below $99K, ZEC could retrace 20-25% to $500 support; conversely, holding $620 opens $800.

Jesse Pollak Releases AI Clone: “Jessexbt”

Jesse Pollak, the creator and lead of Base Coinbase’s Ethereum Layer 2 blockchain, has launched an AI-powered “digital twin” or clone of himself called jessexbt. This isn’t just a gimmick—it’s designed to help builders and developers get instant feedback on their projects while embodying Pollak’s product-building philosophy.

The release happened on November 6, 2025, aligning with Base’s ongoing push into AI + crypto experimentation. Jessexbt— trained specifically on Pollak’s writings, tweets, and insights about building scalable products on Base. It acts as an on-demand mentor, evaluating ideas for creativity, scalability, impact, and engagement.

Users chat with it via the Base App (DMs) or Telegram. It scores conversations and ranks participants. To kick things off, every interaction this week enters you into a contest. The top 3 builders win a 15-minute 1:1 video call with the real (non-AI) Jesse Pollak. Deadline: November 12, 2025.

Built By: @a0xbot, a finalist from Base Batches 001 Base’s accelerator program. It’s part of A0x’s broader vision for “Crypto’s Collective Intelligence”—an onchain network of AI agents democratizing knowledge.

Pollak announced it himself on X, calling it his “first day in the wild” and expressing excitement about leveling up together. He also shared a dedicated site for more details: jessexbt.live.

This fits Pollak’s ethos of “go and build” in the AI + crypto space. He’s been vocal about how easy it is to create custom AI agents using toolkits like those on Base or platforms like Me.fun—no token launch required. You can tweak personalities, plug in data sources, and even monetize via NFTs or content generation on chains like Zora.

Pollak’s bullish on projects like AIXBT a massive Crypto Twitter influencer bot and Virtuals on Base, seeing AI agents as the future for scaling human ideas.Base itself is exploding: It’s processing more transactions than Ethereum mainnet in some metrics, and Pollak recently stepped up to lead Coinbase Wallet too.

This AI clone is a fun, practical extension—imagine getting Pollak-level advice 24/7 without the waitlist. Head to the Base App or Telegram and search for @jessexbt.base.eth.

Share your project idea (e.g., “I’m building an AI agent for DeFi yield farming on Base—what do you think?”). Rack up those points before Nov 12 for a shot at real Jesse time. Pollak’s not just talking the talk—he’s cloning himself to walk it with you.

AI agents on Base are autonomous software entities that leverage artificial intelligence to interact with the blockchain, performing tasks like managing wallets, executing trades, minting NFTs, or even engaging on social platforms like X (formerly Twitter).

Base, as Coinbase’s Ethereum Layer 2 (L2) network, offers low-cost, high-speed transactions, making it ideal for deploying these agents at scale. They combine large language models (LLMs) for decision-making with blockchain tools for on-chain actions, enabling everything from automated DeFi strategies to personalized crypto assistants.

The ecosystem emphasizes ease of access—no need for complex setups or token launches. Key frameworks like Coinbase’s AgentKit (an evolution of the earlier Based Agent template) and CDP AgentKit simplify building. These integrate seamlessly with Base’s infrastructure, allowing agents to handle stablecoins (e.g., USDC), tokens, and DeFi protocols.

As Jesse Pollak often highlights, the goal is to “go and build” quickly, democratizing AI + crypto innovation. Gas fees are fractions of Ethereum mainnet, perfect for frequent agent interactions. Tap into DeFi (e.g., Uniswap V4 on Base), NFTs (via Zora), and stablecoins without bridging hassles.

Optimistic rollups ensure fast finality; agents can run 24/7 with programmable wallets. Projects like Virtuals Protocol and AIXBT are thriving, with tools like Replit templates for rapid prototyping.

Coinbase’s AgentKit is the go-to toolkit for Base, powering autonomous agents that can tweet, trade, or manage assets. It’s open-source and deploys in minutes. This guide focuses on creating a basic agent that monitors wallet balances, executes a simple swap on Uniswap, and responds to X mentions—extending to full autonomy.

Building your first agent takes ~30 minutes—start simple, iterate fast. Once live, it can run indefinitely, embodying Pollak’s “build in public” vibe. What’s your agent’s first task: trading or tweeting?