The x402 ecosystem has experienced a significant decline in activity, with a 90% drop in 30-day trading volume and a corresponding decrease in transaction counts. Recent data indicates that transaction numbers have fallen to 1.3 million, marking a 56% reduction, while transaction value has decreased to approximately $329,000. This downturn has sparked concerns about the overall momentum of the crypto market. Despite the decline in activity, the x402 protocol continues to expand its capabilities through integrations with Chainlink (LINK) and the Bio Protocol (BIO). Notably, the total market capitalization of the x402 ecosystem has surged from $800 million in late October to over $12 billion within two weeks, highlighting its potential for growth despite current challenges.