Real Vision analyst, Jamie Coutts, predicts a remarkable surge in the valuation of the layer-1 crypto sector, driven by the integration of artificial intelligence (AI) technology. In a recent post on the social media platform X, Coutts suggests that the total market value of all smart contract platforms could reach a staggering 14-figure price tag within the next six years.
According to Coutts, the combined market value of smart contract platforms, fueled by the increasing use of AI agents, could range between $15 trillion and $25 trillion by 2030. This projection is supported by an excerpt from his firm’s Pro-Crypto November 2023 report, which highlights how AI will boost the demand for on-chain verification and authentication services. The report also reveals that both human-directed and autonomous AI agents could leverage smart contract platforms for value exchange, leading to significant growth in the sector.
To assess the impact of AI on market growth, the report incorporates an “AI growth factor” starting in 2026, adding 10% to the annual growth rate. Initially, the effect is modest, but by 2030, AI agents could account for over 40% of the total daily active users (DAU). As a result, blockchain assets would experience astronomical valuations, benefiting from transaction fees generated by an increasing number of AI agents.
Even if the report’s prediction is only partially correct, Coutts believes that the combined market capitalization of smart contract platforms would still witness tremendous growth. He emphasizes that projections based on historical regressions are not indefinitely sustainable. However, the network value increases exponentially as the network expands. Therefore, even if he is only 25% correct in his estimation, it would still represent a 4x to 5x increase from the current market cap levels.
As of now, the total market cap of top layer-1 crypto projects stands at $1.88 trillion, according to CoinGecko. It is clear that the potential for growth in the sector is significant, and Coutts’ analysis suggests that the integration of AI technology will play a crucial role in driving this expansion.
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