- Real Vision analyst Jamie Coutts predicts a significant rise in the valuation of the layer-1 crypto sector, driven by artificial intelligence (AI) technology.
- He suggests that the total market value of all smart contract platforms could reach a 14-figure price tag by 2030.
- The growth is expected to be fueled by the increasing demand for on-chain verification and authentication services by AI agents.
Real Vision analyst Jamie Coutts predicts a staggering rise in the valuation of the layer-1 crypto sector, driven by AI technology, potentially reaching a 14-figure price tag by 2030.
AI Technology Driving Crypto Sector Valuation
Jamie Coutts, an analyst at Real Vision, stated on social media platform X that the total market value of all smart contract platforms could reach a 14-figure price tag in the next six years. According to Coutts, the combined market value of smart contract platforms, driven by the expanding use by AI agents, could reach between $15 trillion and $25 trillion by 2030.
AI Increasing Demand for On-Chain Verification
The analyst shared an excerpt from his firm’s Pro-Crypto November 2023 report that suggests AI will increase the demand for on-chain verification and authentication services. The report also states that human-directed or autonomous AI agents could significantly increase the growth rate by utilizing smart contract platforms to exchange value. By incorporating an ‘AI growth factor’ starting in 2026, which adds 10% to the annual growth rate, AI agents could comprise over 40% of total daily active users (DAU) by 2030. This could lead to astronomical valuations for the blockchain assets, benefiting from the transaction fees generated by an increasing number of AI agents.
Conclusion
Coutts concludes that even if the report’s prediction is partially correct, the combined market capitalization of smart contract platforms would still witness tremendous growth. At the time of writing, the total market cap of top layer-1 crypto projects is sitting at $1.88 trillion, according to CoinGecko. The key takeaway is that network value increases exponentially as the network expands, and the integration of AI technology could significantly boost this growth.
