Open account

Ether Demand Accelerates as AI Payments Top $24M; Visser Buys at $2,332

Ether demand is surging as AI-driven autonomous payments exceeded $24 million last month on Coinbase's x402 standard, with veteran investor Jordi Visser adding ETH at $2,332 to his portfolio. Visser predicts AI agents will fuel tokenization demand by transacting on-chain with Ether and stablecoins, lacking banking access, amplifying Ethereum's utility as it dominates 60% of tokenized RWAs per RWA.xyz. Momentum builds with Algorand's Google-linked AP2 protocol, RedStone's $30 billion settlement layer, and BlackRock's early-May on-chain funds, projecting $10 billion in AI on-chain transactions by end-2026.

Category

Ethereum

Sentiment

Bullish

Event

Institutional outlook

Reading time

1 min