Messari has released its Q4 2024 On-chain State Analysis Report for IoTeX, with the average daily transaction volume soaring by 1267%.

BlockBeats News, February 7th, according to official sources, Messari has released the 2024 Q4 IoTeX On-Chain State of the Network Report.

The report states that in Q4 2024, following the launch of IoTeX 2.0, the IoTeX network saw a staggering 1,267% increase in average daily transactions, reaching 384,300 transactions. During the same period, the total network fees also surged by 205% to reach $448,500, primarily driven by significant increases in Gas fees and DEX fees.

Furthermore, IoTeX made significant progress in AI and DePIN integration, launching an autonomous AI agent called BinoAI built on the ai16z-based ELIZAOS framework, and partnering with Eliza Labs to advance the creation of DePIN-AI agents capable of perceiving and responding to the physical environment through DePIN data.

IoTeX also introduced the Quicksilver middleware framework, providing technical support for connecting DePIN data with AI agents. Additionally, ioID serves as a universal on-chain identity solution for smart devices, further bridging the physical and digital worlds.

At the network level, IoTeX released version 2.1 in December, introducing Cancun EVM compatibility to further enhance network functionality and strengthen interoperability with Ethereum. These updates and partnerships mark IoTeX's leading position in the field of DePIN and AI integration. With the deep integration of AI and DePIN and continued optimization of the technical architecture, IoTeX is poised to continue leading the development trend of decentralized physical infrastructure networks in 2025.