Virtual Protocol generated $75 million in revenue last year while maintaining a $610 million market cap—essentially trading at an 8x revenue multiple. What makes this notable? It's arguably the only AI infrastructure layer actively generating sustainable fees, powering 17,000 deployed agents across its ecosystem. The protocol recently made significant moves: expanding its footprint to Solana, integrating Apple Health into its framework, and introducing the Titan tier—a premium category for projects with minimum valuations reaching $50 million. These developments signal both institutional traction and a maturing infrastructure play in the AI x crypto space.