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Avalanche
2026-09-19 09:52:52

Avalanche Treasury CEO says AI agents could strain L1 blockspace as finance moves toward 24/5 trading

Avalanche Treasury CEO Bart Smith said AI agents entering financial markets at scale could put heavy pressure on Layer 1 blockchains, arguing that blockspace should no longer be treated as effectively unlimited. Speaking at Avalanche Summit in New York and in comments to The Block, Smith said that even a relatively conservative level of AI-driven market activity would still translate into a large volume of automated transactions settling onchain, pushing existing capacity closer to its limits. Smith also said he would be surprised if traditional financial markets had not shifted to 24/5 trading by mid-2027. In his view, current financial infrastructure is not built to handle round-the-clock activity, which would require new systems rather than upgrades to legacy rails. He argued those systems would be built on blockchain infrastructure. He added that once blockspace becomes scarce, technical differences among Layer 1 networks such as Solana, Avalanche and Ethereum will matter more to institutions and AI agents, especially in throughput, latency, fee design and sharding architecture. The report also noted Smith’s background at Susquehanna Crypto and his current role at Avalanche Treasury Company, which it said took shape as Avalanche expanded its institutional and RWA efforts.

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Avalanche Treasury CEO says AI agents could strain L1 blockspace as finance moves toward 24/5 trading
Solana
2026-08-24 09:05:59

Solana daily network revenue tops $1 million, highest level in six months

Solana posted more than $1 million in network revenue on Aug. 19, reaching its highest daily level in six months, according to a Techub News brief citing data tracked by SolanaFloor. The figure refers to REV, or network revenue, which combines base fees, priority fees, and MEV tips. The report said the improvement extends a growth trend that has been in place since July. During that month, ecosystem application revenue reached $82.9 million, the highest monthly mark since February this year. Techub, citing CryptoBriefing, said the rise in network-level revenue points to stronger demand for blockspace. It added that the change may affect validator income and SOL staking yields, and could also reduce circulating token supply through the protocol’s fee-burning mechanism.

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Solana daily network revenue tops $1 million, highest level in six months
Blockspace
2026-08-04 12:58:53

Ethereum Infrastructure Firm Blockspace Launches to Build Off-Protocol Infrastructure

Ethereum infrastructure company Blockspace has announced its launch, aiming to improve off-protocol infrastructure for Ethereum and bring more applications into Ethereum blockspace. The company recently completed a funding round led by BlueYard Capital, with participation from ether.fi Ventures, Quasar and SharpLink Gaming. Blockspace's business model relies entirely on ETH, and it will operate staking operations, using rewards from transaction fees generated by staked ETH to continue staking.

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Ethereum Infrastructure Firm Blockspace Launches to Build Off-Protocol Infrastructure