Ethereum, Solana and another ETH rival will benefit from the rise of artificial intelligence: Real Vision Analyst

Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) and a certain category of altcoins will benefit from the rise of artificial intelligence (AI).

The former Bloomberg analyst tell his 16,200 followers on social media platform X that AI will need a monetary system and that BTC could be the best form available.

However, Coutts said than stablecoins and native tokens of smart contract platforms, such as Ethereum (ETH), Solana (GROUND), And CLOSEare also well suited.

“AI needs money.

Bitcoin is the best form factor, but it won’t be the only one. Stablecoins and native tokens for smart contract platforms will also be widely used.

ETH GROUND NEAR.

Coutts recently said that artificial intelligence (AI) technology could drive the total market capitalization of the layer 1 crypto industry from the current valuation of $1.9 trillion to $25 trillion by 2030.

The analyst shares an excerpt from his company’s November 2023 Pro-Crypto report that suggests AI will increase demand for on-chain verification and authentication services.

The report also states that human-led or autonomous AI agents could use smart contract platforms to exchange value, thereby significantly increasing the growth rate.

“By incorporating an “AI growth factor” from 2026, which adds 10% to the annual growth rate, we can begin to assess this impact. Initially, the effect is modest, but by 2030, AI agents could represent more than 40% of total daily active users (DAU). This obviously creates rather astronomical valuations for blockchain assets, which will benefit from transaction fees generated by a growing number of AI agents.

Source: Jamie Coutts

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