According to the latest @BinanceResearch report, AI memecoins dominate the crypto AI market - holding 41% of total capitalization 🔥
Meanwhile, DeFAI accounts for just 10%, with a combined DeFAI + AI Agents market cap of $11.12B - yet it's positioned as the next layer of on-chain infrastructure.
Binance outlines 4 architectural layers driving this shift
👾 Agents (autonomous decision-makers)
👾 Frameworks (how they’re built)
👾 Protocols (how they scale and interact)
👾 Markets (where they’re deployed and monetized)
While not mentioned in the report, Tether’s newly announced QVAC could be an early example of such infrastructure - potentially fitting into the protocol or framework layer.
But with autonomy comes concern:
Should bots vote in a DAO? Who owns the agent? How do we trust black-box decisions on-chain? Who let the dog out? 🐶