I feel quite pessimistic these past two days!

Whether it’s those heavily invested in the BNB series like Aster,

or players betting on the narrative of x402 like PING & BNKR.

Ah Zhao is also watching his small wallet shrink! 😭

Has the market ended?

Ah Zhao thinks it hasn't yet, it’s just at the tail end of the bull market.

If a few weeks ago, one chose not to profit from the tail end, there might have been new stories.

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Let’s not talk about Aster for now, let’s discuss the x402 track.

Recently, all the MEMEs about x402 have been flooding the screens,

$PING, $BNKR… so many in a day, just the MEMEs got people dizzy.

Now that the MEMEs have receded,

Ah Zhao feels: The x402 protocol itself is still there, the infrastructure has just begun to move.

Last night, while scrolling through my phone, I saw that OKX officially launched the x402 API.

Coinbase’s new payment standard | Base’s own child | OKX directly opened the interface,

It feels like the era of x402’s infrastructure is already on its way.

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What about x402?

x402 is a payment protocol led by Coinbase,

and is strongly promoted and integrated as core infrastructure by Base.

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After the MEMEs exit, are there still reliable projects in x402?

Currently, there’s a truly grounded project in the x402 track that isn’t a Meme, and it has launched Alpha:

Semantic Layer ($42)

| The “on-chain brain + payment hub” of the x402 protocol, enabling AI Agents to truly achieve autonomous micro-payments, bidding, and MEV capture.

▸ Endorsed by top institutions: Figment, Hack VC, Robot… !

▸ Core project of Base’s ecological AI strategy, included in the Base AI-friendly ecological roadmap!

▸ Direct access to Uniswap order flow & liquidity entry

▸ The only player in the x402 track with a fully functional mainnet

▸ Already launched on Binance Alpha

| According to CMC information, the unlocked market cap of Semantic Layer |42 is approximately $19.76 million and has fallen into an undervalued range.

The entire market is currently in a pessimistic state due to a sudden crash, Ah Zhao believes there should still be another wave in this cycle.

Many projects have room for valuation recovery, it’s time to buy some lottery tickets.

"I feel this cycle isn’t completely over yet, but we still need to control our positions! For any promising projects, just use spare cash to take a gamble!"