Actual Imaginative and prescient analyst Jamie Coutts says that the layer-1 crypto sector might see a staggering rise in valuation pushed by synthetic intelligence (AI) know-how.
Coutts says on the social media platform X that the entire market worth of all sensible contract platforms might attain a 14-figure price ticket within the subsequent six years.
“By 2030, the mixed market worth of sensible contract platforms, pushed by the increasing use by AI brokers might attain between $15 trillion and $25 trillion.”
The analyst shares an excerpt from his agency’s Professional-Crypto November 2023 report that implies AI will improve the demand for on-chain verification and authentication companies. The report additionally says that human-directed or autonomous AI brokers might make use of sensible contract platforms to alternate worth, considerably growing the expansion price.
“By incorporating an ‘AI progress issue’ beginning in 2026, which provides 10% to the annual progress price, we are able to start to gauge this impression. Initially, the impact is modest, however by 2030, AI brokers might comprise over 40% of whole day by day energetic customers (DAU). This clearly creates some relatively astronomical valuations for the blockchain property, which can profit from the transaction charges generated by an growing variety of AI brokers.”
Coutts additional says that even when the report’s prediction is partially right, the mixed market capitalization of sensible contract platforms would nonetheless witness super progress.
“Projections primarily based on historic regressions is not going to maintain indefinitely. The important thing level is that, directionally, community worth will increase exponentially because the community expands. Even when I’m 25% right on the place this all goes, then it’s nonetheless a 4x to 5x from the present market cap ranges.”
At time of writing, the entire market cap of prime layer-1 crypto initiatives is sitting at $1.88 trillion, in keeping with CoinGecko.
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