Actual Imaginative and prescient analyst Jamie Coutts says that the layer-1 crypto sector may see a staggering rise in valuation pushed by synthetic intelligence (AI) know-how.
Coutts says on the social media platform X that the whole market worth of all sensible contract platforms may 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 may 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 enhance the demand for on-chain verification and authentication providers. The report additionally says that human-directed or autonomous AI brokers may make use of sensible contract platforms to alternate worth, considerably growing the expansion charge.
“By incorporating an ‘AI development issue’ beginning in 2026, which provides 10% to the annual development charge, we are able to start to gauge this affect. Initially, the impact is modest, however by 2030, AI brokers may comprise over 40% of whole each day lively customers (DAU). This clearly creates some somewhat 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 large development.
“Projections primarily based on historic regressions won’t 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 whole market cap of prime layer-1 crypto tasks is sitting at $1.88 trillion, in line with CoinGecko.
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