According to the onchain analytics platform Santiment, between May 29 and June 5, discussions about artificial intelligence (AI) surpassed those about crypto on social media platforms like X (formerly Twitter) (Source: Santiment, June 9).
The crypto community is increasingly focused on AI, debating its potential impact on jobs, efficiency, and decentralized infrastructure. McKinsey predicts that by 2030, 30% of US jobs could be automated and 60% significantly altered by AI tools.
Blockchain firms are already integrating AI to enhance user experiences and operational efficiency. Kite AI launched an AI-focused testnet on February 6. The 0G Foundation launched an $88.88 million ecosystem fund on February 5 to accelerate AI-powered decentralized finance applications.
Crypto users are discussing AI's role in everyday tasks, such as cooking toast, driving cars, and financial security. An April 23 CoinGecko survey revealed that a majority of crypto users are willing to allow AI agents to manage part of their investment portfolios.
Last week, social media also saw interest in Bitcoin accumulation by whales, including millionaire crypto trader James Wynn, who was liquidated of nearly $25 million in Bitcoin on June 4. Bitcoin buys, Solana, Loud Token, and various memecoins also saw significant social volume spikes during the same period.