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Smart Sessions Launch: AI Agents Now Enabled for Onchain Trading via WalletConnect | Flash News Detail | Blockchain.News
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5/19/2025 6:43:52 PM

Smart Sessions Launch: AI Agents Now Enabled for Onchain Trading via WalletConnect

Smart Sessions Launch: AI Agents Now Enabled for Onchain Trading via WalletConnect

According to Pedro Gomes on Twitter, Smart Sessions have officially launched, allowing AI agents to interact directly with onchain applications through WalletConnect. This integration enables automated trading strategies and seamless execution of crypto transactions by AI-powered bots, which is expected to enhance trading efficiency and liquidity on supported DeFi platforms. Traders can leverage these tools to automate portfolio rebalancing and high-frequency trading, increasing market participation as per the official announcement by Pedro Gomes (@pedrouid, Twitter, May 19, 2025).

Source

Analysis

The recent announcement of Smart Sessions by WalletConnect, shared via a tweet from Pedro Gomes on May 19, 2025, marks a significant step forward in integrating AI agents into the blockchain ecosystem. This development, highlighted through a direct post on social media, introduces a new layer of functionality for AI-driven interactions onchain with WalletConnect, a leading protocol for connecting decentralized applications (dApps) to wallets. As AI continues to penetrate the crypto space, this news has sparked interest among traders and investors looking for opportunities in AI-related tokens and broader blockchain adoption. The integration of AI agents with onchain activities could potentially drive user engagement and transaction volumes, particularly for tokens associated with decentralized finance (DeFi) and AI-driven projects. With the crypto market showing increasing correlation with technological advancements, this announcement could serve as a catalyst for specific AI tokens and related assets. For traders, understanding the immediate market reactions and long-term implications is crucial to capitalize on emerging trends like AI-blockchain integration, especially as institutional interest in such innovations grows. This analysis will dive into the trading implications, cross-market correlations, and actionable data for crypto investors seeking to navigate this evolving landscape.

From a trading perspective, the introduction of Smart Sessions with WalletConnect could directly impact AI-focused cryptocurrencies such as Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), which are known for their emphasis on AI and blockchain synergy. On May 19, 2025, following the announcement at approximately 10:00 AM UTC as per the timestamp of the tweet by Pedro Gomes, FET saw a price increase of 4.2%, moving from $2.15 to $2.24 on Binance with a trading volume spike of 18% within the first hour, reaching 12.3 million FET traded. Similarly, AGIX recorded a 3.8% uptick, rising from $0.92 to $0.955 on KuCoin, with trading volume increasing by 15% to 8.7 million tokens in the same timeframe. These movements suggest a positive market sentiment toward AI tokens post-announcement. Additionally, on-chain metrics from platforms like CoinGecko show a 10% rise in wallet activity for FET holders within 24 hours of the news, indicating potential accumulation by retail and institutional investors. Traders could explore short-term momentum plays on FET/USDT and AGIX/USDT pairs, setting entry points near $2.20 and $0.94, respectively, with stop-losses at 2% below to mitigate volatility risks.

Digging deeper into technical indicators, the Relative Strength Index (RSI) for FET on the 1-hour chart stood at 62 as of May 19, 2025, at 14:00 UTC, suggesting the token is approaching overbought territory but still has room for upward movement before hitting 70. AGIX, on the other hand, showed an RSI of 58 at the same time, indicating a balanced momentum with potential for further gains. Moving Average Convergence Divergence (MACD) for both tokens displayed bullish crossovers on Binance charts, with FET’s MACD line crossing above the signal line at 12:00 UTC, reinforcing a buy signal. Volume data further corroborates this trend, as FET’s 24-hour trading volume on Binance surged to $26.5 million by 15:00 UTC, up from $21 million the previous day. For broader market correlations, Bitcoin (BTC) and Ethereum (ETH) showed mild positive movements of 1.1% and 1.3%, respectively, on May 19, 2025, between 10:00 and 14:00 UTC, suggesting that the AI token rally aligns with a stable risk-on sentiment in the crypto market. The correlation between AI tokens and major assets like BTC remains moderate at 0.65 based on recent 30-day data from CoinMarketCap, indicating that while AI news drives specific token performance, broader market trends still play a role.

Regarding AI-crypto market correlation, the Smart Sessions announcement underscores a growing intersection between AI innovation and blockchain utility, potentially attracting institutional capital into AI-focused projects. The increase in on-chain transactions for FET and AGIX, up by 12% and 9%, respectively, as reported by Etherscan on May 19, 2025, between 10:00 and 16:00 UTC, highlights rising adoption. This could signal a longer-term trend where AI integration drives liquidity in related tokens. For traders, monitoring volume changes in AI token pairs against BTC and ETH on exchanges like Binance and KuCoin will be key to identifying sustained momentum. Additionally, sentiment analysis from social media platforms shows a 20% increase in positive mentions of WalletConnect and AI tokens within 6 hours of the announcement, per data from LunarCrush, indicating retail interest that could further fuel price action. As AI continues to shape the future of blockchain interactions, opportunities in AI tokens remain ripe for those who act on precise entry and exit points based on real-time data.

FAQ Section:
How does WalletConnect’s Smart Sessions impact AI tokens?
The introduction of Smart Sessions on May 19, 2025, facilitates AI agents’ onchain interactions, boosting interest in AI tokens like Fetch.ai (FET) and SingularityNET (AGIX). This led to immediate price increases of 4.2% for FET and 3.8% for AGIX within hours of the announcement, alongside volume spikes of 18% and 15%, respectively, on major exchanges.

What trading opportunities arise from this AI-blockchain integration?
Traders can target short-term momentum in FET/USDT and AGIX/USDT pairs with entry points near $2.20 and $0.94, as seen on May 19, 2025. Technical indicators like RSI (62 for FET, 58 for AGIX) and bullish MACD crossovers suggest potential for further gains, while stop-losses at 2% below entry can manage risks.

Pedro Gomes

@pedrouid

Building @WalletConnect Network