AI Demand Drives Blockchain Adoption: Grayscale Identifies Key Players
Grayscale's Head of Research Zach Pandl believes that the adoption of artificial intelligence (AI) will increase demand for public blockchains. He identified three areas where AI and crypto converge: agentic finance, verifiable record-keeping, and decentralized AI.
Pandl argued that traditional systems are not built to handle the demands generated by AI. He said that AI agents will need programmable wallets that hold and deploy capital without intermediaries, driving micropayments, instant cross-border settlement, and automated trading and risk management.
Ethereum (ETH) and Solana (SOL) are seen as ideal networks for this kind of settlement, providing the infrastructure for agentic finance. Worldcoin (WLD), on the other hand, can provide verifiable online identity to distinguish humans from agents.
The third area targets the concentration of AI power among a few frontier labs and hyperscalers. Grayscale described Bittensor (TAO) as an open network that anyone can access, contribute to, and stake in.