“Cardano is still not worth buying, as it hasn’t proven that joining the x402 ecosystem has any actual upside for its investors,” concluded The Motley Fool analyst Alex Carchidi. After a 71% drop in the coin’s price over the past 12 months, holders are eager for a new narrative to attract capital; however, integration into Coinbase’s official SDK for AI agent payments has yet to alter the overall picture.

As Carchidi notes, the primary issue is that Cardano’s network activity significantly lags behind its competitors—its native Masumi service processed just 38,777 transactions compared to tens of millions on Base and Solana. Furthermore, even a potential surge in agent payments would do little for ADA holders’ revenue, given the network’s extremely small fee base.