The token of Yellow Network, a Layer-3 settlement network for AI agent commerce backed by Ripple executive chairman Chris Larsen, surged nearly 200% in the last 24 hours, according to the source. The move followed the project's focus on XRP-linked settlement infrastructure for AI agents.
XRP-Linked Settlement in Focus
Yellow Network drew attention after highlighting a fee-free AI-to-AI settlement approach that combines its off-chain channels with XRP settlement on the XRP Ledger. The project's zero-gas execution is designed to handle high-frequency trades, with final settlement occurring on-chain using XRP.
The project returned to the spotlight during the recent launch of XRP's official X account and website. It posted that pairing Yellow's zero-gas execution with XRP settlement creates a high-speed stack.
Burak Cem, head of growth at Yellow, also posted a hint at further collaboration with XRP. The crypto community speculated about fee-free AI-to-AI settlements using XRP, with the aim of bridging the settlement and trust gap during agentic payments between two AI agents.
Funding and Infrastructure
Yellow Network received $10 million from Chris Larsen in 2024. Other investors include Consensys and GSR, which is also an investor in XRP treasury Evernorth Holdings.
Larsen has publicly endorsed the project, including its earlier integration with the XRP Ledger EVM sidechain. Yellow Network describes itself as a trust and settlement layer for AI agent commerce and a decentralized clearing network.
It uses the Nitrolite protocol to support real-time, non-custodial transaction processing off-chain. It supports settlement across multiple networks including Base, Arbitrum, and Polygon.
Token Price and Trading Activity
Yellow Network's ERC-20 token YELLOW jumped nearly 200% in the past 24 hours, reaching an all-time high of $0.146. The price is currently trading near $0.114 amid profit booking by some traders.
YELLOW has a maximum supply of 10 billion and a circulating supply of nearly 320 million. The recent climb from the low $0.03 to an all-time high around $0.146 today coincided with a rise in circulating supply.
Trading volume increased 310% over the past 24 hours, and market capitalization reached almost $40 million. Meanwhile, XRP traded 2% down at $1.33 amid broader crypto market selloffs.
