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Swept Daily June 6, 2025

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AI DApps Challenge DeFi and Gaming Dominance

A recent report by DappRadar highlights a significant trend in Web3, showing that AI-powered decentralized applications (dApps) experienced substantial growth in May. These AI DApps are increasingly attracting users and market share, posing a growing challenge to the long-dominant sectors of Decentralized Finance (DeFi) and blockchain gaming within the Web3 ecosystem.

Ethereum Bots Drive Stablecoin Volume

AI-powered bots have played a significant role in recent Ethereum network activity. These bots contributed to a massive $480 billion in stablecoin transfers on Ethereum’s Layer-1 in May, helping the network reclaim its prominence in the DeFi market. This illustrates how AI-driven automation is increasingly impacting on-chain financial operations.

Blockchain & AI Converge to Boost DePIN Market

A World Economic Forum (WEF) report highlights the transformative potential of the decentralized physical infrastructure network (DePIN) market. The report projects that the convergence of blockchain technology and artificial intelligence will be a primary driver, potentially expanding the DePIN market beyond $3.5 trillion within the next three years. This growth is particularly spurred by the emergence of decentralized physical AI (DePAI), fundamentally altering how AI agents interact with real-world infrastructure.

AI Film Festival Influences Crypto Market

The announcement of the third annual RunwayML AI Film Festival on June 6, 2025, has generated positive sentiment within the cryptocurrency market, specifically impacting AI-related tokens. Following the news, cryptocurrencies like Render Token (RNDR) and Fetch.ai (FET) saw notable price increases and trading volume spikes, demonstrating how broader AI industry events can directly influence crypto asset valuations.

IHC Cross-Chain Network Supports AI Agent Economy

The IHC Cross-Chain Network is being highlighted as a crucial new infrastructure layer for the burgeoning AI Agent Economy. This network is designed to facilitate seamless connections between the vast Web2 and Web3 ecosystems, enabling AI agents to operate across different environments and potentially unlocking trillion-dollar market opportunities through enhanced interoperability and automation.

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