Real Vision analyst Jamie Coutts has made a bold prediction regarding the layer-1 crypto sector, stating that it could experience an astonishing surge in valuation fueled by the power of artificial intelligence (AI) technology.

Taking to the social media platform X, Coutts shared his belief that the total market value of all smart contract platforms could reach an extraordinary 14-figure price tag within the next six years. According to him, “By 2030, the combined market value of smart contract platforms, driven by the expanding use of AI agents, could range between $15 trillion and $25 trillion.”

Coutts referenced an excerpt from his firm’s Pro-Crypto November 2023 report, which suggests that AI will greatly increase the demand for on-chain verification and authentication services. The report also highlights the potential for human-directed or autonomous AI agents to utilize smart contract platforms for value exchange, thereby significantly boosting the growth rate.

To assess the impact of AI on the market, Coutts proposes incorporating an “AI growth factor” starting in 2026, which would add 10% to the annual growth rate. While the initial effect may be modest, he believes that by 2030, AI agents could account for over 40% of total daily active users (DAU). This, in turn, would lead to astronomical valuations for blockchain assets, benefiting from the transaction fees generated by the increasing number of AI agents.

Even if the report’s predictions are only partially correct, Coutts maintains that the combined market capitalization of smart contract platforms would still experience tremendous growth. He argues that projections based on historical regressions are not sustainable in the long run, emphasizing that as the network expands, the network value increases exponentially. Even with a conservative estimate of being 25% correct, Coutts believes there is still potential for a 4x to 5x increase from 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 important to note that the opinions expressed by Jamie Coutts and The Daily Hodl are not investment advice. Investors are urged to conduct thorough research before engaging in high-risk investments involving Bitcoin, cryptocurrency, or digital assets. Transfers and trades are undertaken at one’s own risk, and any losses incurred are the responsibility of the individual. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets and does not serve as an investment advisor.