State of Onchain AI Narratives
> Privacy 2.0 leads in performance in the last 30 days, across FHE, MPC, TEE players
@zama,
@Arcium,
@PhalaNetwork,
@nillion
> GPU financing has also been performing well with
@USDai_Official getting the largest loan (~$129M) yesterday
> Robotics looming with catalysts β
@peaq x
@codecopenflow Machine(.)fun + several Robotics
@bittensor subnets incoming
> Inference remains the #1 onchain AI narrative across 2026 with
@AskVenice consistently growing its platform + DIEM ecosystem,
@AskSurplus hitting ATH (~130B+) in daily tokens served, and other players continuing with their product developments (e.g.
@engyai,
@dphnAI,
@openservai)
> Bittensor is recovering nicely following the wave of stonk/token pairing meta, dragging the entire ecosystem of subnets upwards in PA
> While the Agentic Economy/x402 hasn't found PMF or hit wider adoption this year, it has managed to organic adoption among power users, devs, and startups looking for lower cost, better micro-accounting tools & inferences. Several x402 facilitators (e.g.
@PayAINetwork,
@daydreamsagents) experienced positive PA as a result
> Interestingly, Data is performing well thanks to
@grass finally listening to the community, improving its comms, with better revenue transparency, and plans to accrue value back to token holders
All in all, possibly one of the most bullish time to be investing + building in onchain AI
More analysis on this in the upcoming After Hour EP.74 on Substack this Sunday