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GM. This is Milk Road. The newsletter that dropped your name when asked what it was thankful for yesterday.

Here’s what we got for you today:

• ✍️ Is Base Season approaching?

• ✍️ AI agents are blowing up! Here’s everything you need to know…

• 🎙️ The Milk Road Show: Is Your Stablecoin Earning You Money? w/ Maker Lead Contributor & Spark CEO 

• 🍪 We’re on the hunt for a Crypto Researcher and Analyst for Milk Road PRO – apply here!

IS BASE SEASON APPROACHING? 👀

Approaching? Nah.

We just checked our math, and from where we’re standing:

Base Season is here!

1/ Net flows for the past month? +$864.2M

A few months ago Solana was where Base is now - growing like crazy, and keeping the kind of pace that made you wonder how others were going to catch up.

…until now.

Over the past month, Base has been absorbing the most net-inflows by a country mile! 👇

2/ Daily transactions? All-time highs (breaking 10M for the first time on Wednesday)

3/ Daily network revenue? It hit $769k yesterday (outperforming every other Ethereum L2 by at least 13x)

“Cool charts, nerd. What’s actually driving this?”

Two things come to mind…

First: Phantom Wallet just added Base functionality.

Phantom is the wallet of choice for degens aping into Solana-based memecoins. 

So now, for those looking to move from the Solana memecoin ecosystem to Base (which is the next biggest chain for memecoins) – they can do so, seamlessly, in a few clicks.

(The easier something is to explore → the more likely people are to do so).

Second (and most importantly): Virtuals ($VIRTUAL), which is the top performing protocol over the last 7 days.

…by a loooong shot!

Don’t know what Virtuals are? You need to!

They’re shaping up to form the next big narrative. 💪

Scroll down to learn everything you need to know. 👇

AI AGENTS ARE BLOWING UP! HERE’S WHAT THEY ARE/HOW THEY WORK 🤖

Picture this:

You’re an independent sportscaster with a heavy focus on betting.

You study stats and numbers, day in/day out – sharing your knowledge with the world via livestreams, tweets, podcasts, and TikTok videos, that all run simultaneously and 24/7.

Sound impossible? It is.

…for a human.

AI agents? Not so much. All they need is training data and an internet connection. BOOM! They’re good to go.

That’s essentially what the Virtuals Protocol allows you to do.

You set up your own AI agent on virtuals.io → train it → plug it into the relevant social channels → and let it build a following. 

(Hell, you can even set your ‘Virtuals’ loose within games, allowing them to interact with other players, battle, collect loot, etc.)

And they don’t need to focus on any one thing, like sports betting (we just used that as an example). They can be trained on anything. 

Want to build a virtual musician? 

You can have a Virtual AI agent create songs and release them on Spotify – all while simultaneously live streaming and interacting with fans on YouTube.

In fact, that’s exactly what Luna (the most popular AI agent on the Virtuals Protocol) just did.

(Here’s the song. Here’s the livestream.)

The kicker? Every Virtuals agent comes with its own token – so fans can literally buy a share of the agent.

The backbone that enables the trading of these AI agents’ tokens? 

The $VIRTUAL token (which is up 175x so far this year). 👇

…what chain is Virtuals built on / paying fees to?

Yep. Base.

Can we call it now? Are we all in agreement? 

Base Season has begun.

What? Still not sold. Ok, well if you’re not going to take it from us, how about Zeneca?

We sat down with him yesterday to cover 6 reasons you shouldn’t ignore Base right now.

Points include:

• Base’s world class leadership team

• Base is where most $ETH trading is happening this cycle

• Base is the chosen home of the (you guessed it) AI agent boom

Check it out here! 👇

YouTube | Spotify | Apple Podcasts

BITE-SIZED COOKIES FOR THE ROAD 🍪

Emergence, The Block’s debut conference, is taking place in the stunning city of Prague. A conference in early December, followed by a winter getaway in Europe—sounds like a dream, doesn’t it?*

Russia passes a new law that recognizes digital currencies as a form of property. If the big dogs of the world start to embrace crypto, we’ll soon see the rest of the world follow suit.

Bitwise analysts sound the alarm on dollar strength. As we’ve said multiple times before, a strong dollar is never good for a banana zone. We need a dip in the DXY before crypto can hit those crazy heights.

We’re currently growing our team and are on the hunt for a Crypto Researcher and Analyst for Milk Road PRO. Think you’ve got what it takes? Click above to read the job description and apply.

Blockscout has just launched its Merits Program – an incentivized journey through the platform. With the Merits Program, Blockscout has added a whole new layer of interaction, making blockchain exploration fun and rewarding.*

*this is partner / sponsored content

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.