Odaily Planet Daily News: As artificial intelligence triggers volatility in tech stocks and drags down the software sector, digital asset management firm Grayscale states that blockchain and AI are not competitors but are long-term complementary technologies. Blockchain is expected to become a key infrastructure for the AI economy.
Grayscale’s Head of Research, Zach Pandl, pointed out that although recent crypto asset price movements are highly correlated with declines in software stocks, this synchronized correction masks a more constructive long-term relationship between the two technologies. This year, the S&P 500 Software Index has fallen about 20%, with the combined market value of software and service companies evaporating around $1 trillion, putting pressure on crypto market valuations as well.
Pandl believes that in the future, AI agents equipped with digital wallets will be more likely to conduct transactions via blockchain rather than traditional banking systems. Blockchain’s features—24/7 operation, global accessibility, fast settlement, and transparent verifiability—make it an ideal infrastructure for AI agents to automate payments and transactions. The growth of small, high-frequency transactions with stablecoins could be an important signal of this trend.
Additionally, Grayscale suggests that blockchain could help mitigate some risks associated with AI, such as unverifiable data sources, the proliferation of deepfake content, and concentration of technological control. Public blockchains can provide verifiable records and a more decentralized infrastructure, creating a system of checks and balances.
However, the report also notes that AI technology could pose new challenges to crypto networks, including more efficient on-chain monitoring that might weaken privacy protections, and AI tools potentially discovering new security vulnerabilities in smart contracts. Overall, Grayscale believes that the rapid development of AI will create new use cases for blockchain rather than replacing the crypto industry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran's energy facilities attacked, causing Brent crude to rise over 3% to $105 per barrel
On March 18, Iranian energy facilities came under attack, causing international oil prices to rise, with Brent crude approaching $105 per barrel. The market is monitoring the situation at the Strait of Hormuz, with analysts predicting oil prices will remain in the $95-$110 range. If further attacks occur, prices could surge by $10-$20 per barrel.
GateNews26m ago
BlackRock "Ethereum Staking ETF" Makes a Splash! First Day Trading Volume Exceeds $15.5 Million
BlackRock's "iShares Ethereum Staking Trust ETF (ETHB)" achieved first-day trading volume exceeding $15.5 million, marking a milestone for institutional capital entering Ethereum. This ETF holds Ethereum and conducts staking, providing investors with price appreciation and staking rewards. ETHB is expected to stake 70% to 95% of its Ethereum holdings, with 82% of yields distributed monthly to holders.
区块客46m ago
Fidelity International Analyst: Oil Prices May Remain Elevated in the Short Term, Expected to Stay Within $90-$120 Range
Gate News reported on March 18 that Salman Ahmed, analyst at Fidelity International, stated in a webinar that short-term oil demand is highly inelastic, and prices may remain elevated in the near term. He pointed out that oil prices are expected to remain in the range of $90 to $120, despite risks of further spikes. Ahmed believes that global central banks still have time to respond to the impact of Middle East conflicts, which may provide reasons for central banks to remain cautious. Additionally, Iran's effective blockade of the Strait of Hormuz (a critical global oil transportation channel) has caused oil prices to surge to around $100.
GateNews55m ago
TradFi Rise Alert: EURTRY (EUR/TRY) Rises Over 0.5%
Gate News: According to the latest Gate TradFi data, EURTRY (EUR/TRY) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews1h ago
US pre-market crypto concept stocks rise broadly, certain CEX-related concept stock up 2.09%
Gate News reports that on March 18, according to market data, cryptocurrency-related stocks in the US pre-market session rose broadly. MSTR rose 0.59%; SBET rose 0.12%; SBET rose 0.24%; BMNR rose 1.08%; CRCL rose 1.5%; a certain CEX-related concept stock rose 2.09%.
GateNews1h ago
Over 40,000 Bitcoin Swept Up in a Week, Strategy Plays Fixed Income Game with STRC Loans
Bitcoin rebounded during Middle East conflict, with MicroStrategy successfully attracting capital through its preferred stock STRC, cumulatively increasing its holdings by over 40,000 bitcoins. STRC, serving as a stable yield instrument, has become a new financing channel for MicroStrategy, driving its market performance and liquidity. While this model faces high dividend pressure and requires continuous yield improvements to maintain appeal, STRC has effectively connected traditional capital with bitcoin demand, opening up a new financing model.
PANews2h ago