Solana’s AI narrative is gaining fresh support from crypto investors who argue that SOL may be positioned as a core financial infrastructure asset in an agent-driven economy. Parker White, COO of DeFiDevCorp, and Delphi Ventures founding partner Tom Shaughnessy both pointed to Solana’s speed, liquidity and developer ecosystem as reasons the market may be underpricing the asset.
Solana’s AI Thesis Is Heating Up“Some people will counter with ‘Yes, but ETH has such a huge DeFi liquidity/TVL lead.’ Huge is relative though and compared to TradFi liquidity, all DeFi liquidity is a drop in the bucket,” White wrote. “So when TradFi capital allocators enter the space, SOL and ETH are effectively on the same, level playing field. In this environment, technology/UX plays a giant role on adoption and SOL wins hands down.”
White also argued that SOL’s relative valuation leaves room for a larger repricing if investors begin to treat Solana as a serious competitor to Ethereum. “Couple all of this with the 5x relative value differential, and it’s really hard not to be bullish,” he wrote. “If SOL just catches up to ETH, SOL is at roughly $500 without ETH even moving. Good odds of a good outcome.”
“As future software cashflows continue to be repriced with increased uncertainty, investors will look to diversify, bc diversification is the best way to combat uncertainty,” White wrote. “As this diversification occurs, rationale investors will look at SOL as a financial software infrastructure play that has a ‘high degree of positive AI convexity.’”
White’s argument rests on the assumption that agentic activity will require cheap, high-frequency settlement. He described Solana as “second to none” for micropayments and said token-to-token value transfer between non-human agents “makes sense on SOL, but nowhere else.” Other networks, he argued, are either too expensive or lack the infrastructure and liquidity needed for that use case.
He also said Solana’s network effects would be strengthened rather than weakened by AI usage. “Second, the network effects and liquidity cannot be replicated by a fresh AI-built system,” White wrote. “More AI usage actually strengthens the network effects and liquidity, not weakens. This is where the positive convexity comes in.” He added that crypto networks are “global, permissionless, and composible,” making them a natural operating environment for agents that need to interact, collaborate, pay and build across borders.
At press time, SOL traded at $94.51.
