Eliza v2 beta from Ai16z has officially launched, yet the project is still experiencing a downturn without indications of recovery at this time.
In a recent update on X, the founder of Ai16z, Shaw, revealed that ElizaOS v2 1.0.0 beta is now available. He cautioned users, stating that “it’s still a beta” and that “the job’s not done.”
On January 16, Shaw provided insights into the development of Eliza version 2, highlighting its transition from a solo project to one involving collaboration with both internal and external teams. At that point, the new version was locked in a private repository, with intentions for community testing prior to its move to the main repository expected in about two months. However, an announcement regarding this transition has yet to be made, likely awaiting the completion of beta testing.
Eliza version 2 is designed to tackle a significant issue encountered by AI agents: the ability to establish and pursue long-term goals with minimal human intervention. To address this, Ai16z has incorporated Hierarchical Task Networks (HTNs) into Eliza version 2. HTNs will empower AI agents that utilize Eliza to deconstruct complex tasks into manageable, structured steps, enabling them to carry out multi-step processes independently. Essentially, agents developed on ElizaOS will be equipped to not only respond but also to plan and take proactive actions.
At the same time, Ai16z’s meme token AI16Z continues to struggle, having dropped 12% over the last day. The current price has bottomed out at $0.17, falling below the 20-day EMA of $0.24, which serves as its immediate, dynamic resistance. The token has remained beneath the 20-day EMA since approximately mid-January, reflective of a bearish trend. Local support is situated around $0.15 – $0.17. The current trading volume stands at 190K, indicating some activity but insufficient to surpass the 20-day EMA.
In summary, AI16Z remains entrenched in a long-term downtrend with no clear signals suggesting a potential bullish reversal. Although the ElizaOS beta has been released, there has not been a noticeable increase in buying activity. The token is still trading at 92% below its all-time high of $2.48, achieved on January 2. All eyes are now on the price movements leading up to the final launch of ElizaOS version 2.