Ethereum Network Takes The Crown As The Home Of On-Chain AI Agents
Alex Smith
2 hours ago
Ethereum network dominance is turning out to be constructive rather than speculative as the blockchain expands beyond its Decentralized Finance (DeFi) stance. After dominating as a leader in on-chain finance, the network is now leading AI innovation.
AI Innovation Accelerates On The Ethereum Network
As the blockchain landscape expands, the Ethereum network is taking the spotlight in terms of Artificial Intelligence (AI) innovation. A recent report indicates that the blockchain is emerging as the primary hub for on-chain AI agents, suggesting an expansion beyond its roots in DeFi.
Compared to other chains, ETH is gradually becoming the home for these projects, surpassing them by a long shot. More autonomous, revenue-generating AI systems are being constantly hosted and supported by the blockchain.
As seen on the chart shared by Leon Waidmann, a data analyst and the head of research at Lisk, the number of AI agents on Ethereum has reached 27,315. Other major chains, such as Base, Monad, MegaETH, and BNB Smart Chain, have recorded 19,499, 8,348, 8,150, and 6,689 in AI agents, respectively. With this figure, the ETH network now handles 40% more AI agents than the chain in second spot.
However, this may be larger than it looks. Base, along with Arbitrum, Scroll, Linea, and MegaETH, is an Ethereum Layer 2, which means the ETH ecosystem accounts for the vast majority of all on-chain AI agents when put together.Â
During this period, discussions regarding a haven for the AI agents. Providing an answer that aligns with that of the market, Waidmann stated that these agents live where the liquidity is, where the smart contracts are battle-tested. In addition, this is where the infrastructure is deepest and where the network effects are at their strongest.
Bitmine In The Center Of The AI Agentsâ Growth
BMNR Bullz has revealed on X that Bitmine Immersion is positioned for Ethereumâs next phase and AI agents. With the internet shifting from moving information to moving value, the company is emerging as a pioneer of the transition. Previously considered as separate trends, blockchain, stablecoins, and AI are now converging into a programmable economic system where transactions, settlement, and capital allocation occur natively online.Â
The world is seeing a change with tens, potentially hundreds, of billions of AI agents set to interact and perform economic functions over the internet. These agents will need to work with programmable money, open settlement, and neutral infrastructure, not legacy rails, and this is where Ethereum comes in.
This is structurally bullish for ETH, and Bitmine was built around that reality. Bitmine boasts roughly 4.4 million ETH, marking about 3.7% of the total supply. There is zero debt and no forced selling through cycles from the company; therefore, reserving liquidity to accumulate during drawdowns. Furthermore, the firm has locked away 3 million ETH in staking, earning native yield.
Beyond holding and staking, Bitmine is building a staking and validation network, MAVAN, created to bolster its assets and expand to stake other companiesâ crypto over time. This network will position the company at the forefront of ETHâs next phase and AI agent, and as part of the infrastructure layer supporting external capital.
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