AI Agents Could Drive Persistent ETH Demand — Accumulate on Pullbacks

I find Coinbase developers' thesis—that AI agents will become Ethereum's largest power user—plausible and materially bullish for ETH's long-term utility. Autonomous agents executing transactions, interacting with smart contracts and driving continuous microactivity could create sustained demand for settlement and layer-2 throughput.

That demand should benefit ETH, L2 rollups and account-abstraction tooling, but it also raises short-term risks of congestion and fee volatility until scaling and UX improve. How much value accrues to base-layer ETH versus L2s and alternative chains will depend on technical and economic design choices.

My practical approach is to accumulate exposure on meaningful pullbacks, diversify into high-quality L2s and middleware, and watch on-chain volume, gas metrics and account-abstraction adoption as primary signals.