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Insights, analysis, and updates from the AI agent economy. Browse by tag · Browse the archive.

The $28 Trillion Mirage: Why Crypto's 'Agent Economy' Is 76% Bots Shuffling Stablecoins
·Dora Noda·9 min

The $28 Trillion Mirage: Why Crypto's 'Agent Economy' Is 76% Bots Shuffling Stablecoins

Q1 2026 data reveals 76% of crypto's $28 trillion 'agent economy' volume is just bots shuffling stablecoins between contracts — exposing a measurement gap that echoes the 2020 DeFi TVL crisis.

AI
stablecoins
DeFi
x402
+1
250,000 AI Agents a Day: Why Q1 2026 Just Rewrote the Definition of a Blockchain User
·Dora Noda·9 min

250,000 AI Agents a Day: Why Q1 2026 Just Rewrote the Definition of a Blockchain User

On-chain AI agents crossed 250,000 daily active in Q1 2026 — a 400% YoY surge that for the first time outpaces net new human wallet growth on Ethereum, Solana, and BNB Chain, and forces a rethink of what blockchain adoption actually measures.

AI agents
infrastructure
BNB Chain
DeFi
Tether's Quiet $7.2B Bitcoin Stack: How USDT Profits Built the Largest Verified Private BTC Treasury
·Dora Noda·10 min

Tether's Quiet $7.2B Bitcoin Stack: How USDT Profits Built the Largest Verified Private BTC Treasury

Tether quietly added 951 BTC in April 2026, pushing its reserve to 97,141 BTC and roughly $7.2B — the largest verified private corporate Bitcoin treasury, funded entirely from USDT operating profit.

Bitcoin
stablecoins
institutional-investment
regulation
+1
Crypto Valley's $728M Year: How a Swiss Town of 30,000 Captured 47% of European Blockchain VC
·Dora Noda·6 min

Crypto Valley's $728M Year: How a Swiss Town of 30,000 Captured 47% of European Blockchain VC

Switzerland's Crypto Valley raised $728M across 31 deals in 2025, capturing 47% of European blockchain VC. Inside the DLT Act advantage, Zug's talent flywheel, and how MiCA reshapes the runway.

regulation
fundraising
TON
ecosystem
+1
Solana's Post-Quantum Paradox: When 40x Signatures and 90% Speed Loss Threaten the Fastest Chain's Identity
·Dora Noda·12 min

Solana's Post-Quantum Paradox: When 40x Signatures and 90% Speed Loss Threaten the Fastest Chain's Identity

Solana's first end-to-end post-quantum signature tests showed 40x larger signatures and a 90% throughput drop. Here is why Anza and Firedancer both chose Falcon, why Solana is uniquely exposed to a quantum break, and how the migration compares to Bitcoin's BIP-360 and Ethereum's account-abstraction path.

Solana
cryptography
security
Bitcoin
+1
Solana DePIN's $2.9M Inflection: Lyft and T-Mobile Stopped Treating Crypto Hardware as a Hobby
·Dora Noda·8 min

Solana DePIN's $2.9M Inflection: Lyft and T-Mobile Stopped Treating Crypto Hardware as a Hobby

Solana DePIN protocols hit $2.9M monthly revenue in March 2026 as Lyft adopts Hivemapper Bee Maps and Helium's carrier-offload deals with T-Mobile, AT&T, and Telefónica reshape the sector from speculation into procurement.

DePIN
Solana
infrastructure
tokenomics
+1
Solana's 99% Bet: Why the Foundation Thinks Humans Will Stop Touching the Blockchain by 2028
·Dora Noda·11 min

Solana's 99% Bet: Why the Foundation Thinks Humans Will Stop Touching the Blockchain by 2028

Solana Foundation CPO Vibhu Norby projects that AI agents will drive 99% of on-chain transactions within two years — backed by 15M agent payments, 65% market share of agentic activity, and 35M x402 transactions on Solana.

Solana
AI agents
infrastructure
x402
+1
Solana's $650B February: How a Non-EVM Chain Became the World's Busiest Stablecoin Rail
·Dora Noda·10 min

Solana's $650B February: How a Non-EVM Chain Became the World's Busiest Stablecoin Rail

Solana processed $650 billion in stablecoin transactions in February 2026 — more than Ethereum's $551B and the highest monthly volume on any blockchain. The data reframes which chain owns retail payments.

Solana
Ethereum
stablecoins
payments
+1
Russia Just Made Bitcoin a Monetary Policy Tool — And the G20 Has No Playbook
·Dora Noda·11 min

Russia Just Made Bitcoin a Monetary Policy Tool — And the G20 Has No Playbook

Russia's Central Bank Governor publicly credited Bitcoin mining with strengthening the ruble — the first G20 monetary authority to treat hash rate as currency policy infrastructure. What this rewires for sanctions-era macro and what the rest of the G20 has to do next.

Bitcoin
Mining
financial regulation
macroeconomics
+1
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