Please describe the current situation of the x402 track and provide a brief review for reference only 1) The four words' dragon head change of ownership 'were originally intended to be enclosed in quotation marks, but looking back, it was actually' dragon head 'that was enclosed in quotation marks. PING caught the attention of the heavens and ignited the track, but failed to showcase the dominance of the king. Time is also fate, and it is not at all different from GOAT back then. Who made it a period of liquidity depletion now; PAYAI's name Pay has played a significant role, and the facilitator has indeed played a major role in the technical architecture of x402. However, the overall technical threshold of x402 is not high, so most people still have a mentality of speculating about MEME. So, for the current track, I tend to say that it's too early to talk about "Dragon One, Dragon Two", at least not yet stable, but fortunately the heat of the track has not declined, waiting for the next turning point; 2) Many people complain that CEX does not relay for the x402 track. Yeah, I also really want to know why. But the fact is that the counterattack of innovative formats on the chain has shifted from providing value targets for exchanges to an awkward situation of grabbing CEX's attention. This is the fundamental driving force behind my constant call for on chain innovation. Once on chain innovation becomes passive, more innovation will be stifled. However, we can also see the clues of the exchange's layout. The advice I wrote to @ star_okx should have been taken into account by @ XLayerOfficial's recent actions. In addition, OKX has launched Virtuals and expressed their attitude that they need to find certainty in chaos. So it is expected that many regular players on the x402 track will receive an olive branch from OKX in the future. have The meaning is that @ Bybit_official is also particularly sensitive in this wave of response, quietly launching PAYAI's Alpha during the PING fire, and @ Mantle_official is also making a series of x402 track related layouts. It should be noted that CEX is not completely indifferent and indifferent. The rise of the x402 track is an opportunity for them to break the unequal competition among peers, and a key node for them to pull the industry back from the MEME hype and internal friction to the main technological narrative. Cautiously stating that it has been taken seriously can be seen as a positive development; 3) Many pessimistic and pessimistic people compare the x402 race track to the original inscriptions and the subsequent AI agent craze, believing that the excitement is only temporary and will eventually be a mess. I agree that there is a foam, and most of the projects will die. But I am optimistic about the long-term precipitation value of this matter, because I have analyzed it many times in previous articles. Simply put, Inscription is an asset issuance game carved on gold, and x402's current focus is still on AI Pay infrastructure services. Launchpad is constantly emerging and has not yet truly emerged, not purely based on operational logic. As for the AI agent craze, I believe that the x402 race track fever is a continuation of the previous wave of AI agents, from the meaningless scenario where AI agents only chat to AI agents participating in payments. This transformation is of great significance, at least it is difficult to falsify. The above. In short, don't be discouraged. In a nutshell, the x402 track currently has no real mainline momentum, and I believe there are already many Devs teams preparing new innovative products, gameplay, and mechanisms CEX also silently loaded the gun with bullets ... Give some patience, while maintaining confidence, let the bullet fly for a while longer. Note: The series x402 knowledge popularization, fraud literacy, technical disassembly, business outline, project interpretation and other comprehensive contents are continuously updated. Friends who are afraid of missing out can hang a small bell 。 Thank you all for your attention! Thank you