Virtual Protocol, a decentralized platform that enables the creation and monetization of AI agents, has experienced a notable increase in user engagement recently. This surge in activity has led to a rise in demand for its native token, VIRTUAL.

On-chain data reveals a substantial growth in the number of unique wallets holding Virtual Protocol’s AI agent tokens across the Base and Solana networks. Consequently, the price of VIRTUAL has surged by 161% in the last week.

The surge in active wallets holding Virtual Agents’ tokens on both Base and Solana blockchains has soared by 95% over the last five days, as per data from Dune Analytics. This uptick indicates a growing interest and participation in the platform's AI agent ecosystem.

The escalating demand for VIRTUAL is evident as users seek to acquire Virtual Agents and engage more actively with the protocol. The token's price has soared by 161% in a week, with a significant increase in buying pressure.

VIRTUAL has recorded an 18% increase today, marking it as the top gainer in the cryptocurrency market. At its current value of $1.46, the token has reached a two-month high, with technical indicators suggesting a potential for further price hikes.

The Chaikin Money Flow (CMF) indicator for VIRTUAL signals a high demand for the altcoin, with its value above the zero line at 0.23. This positive momentum suggests a bullish trend, potentially leading to new highs for the token.

Despite the remarkable rally, caution is advised due to overbought conditions indicated by the Relative Strength Index (RSI). The RSI stands at 83.92, suggesting that VIRTUAL may be due for a correction, possibly leading to a drop below $1.44 towards $0.96.