Bart Smith, CEO of Avalanche Treasury Company, a Nasdaq-listed company pursuing a strategic accumulation of AVAX, said AI agents could sharply increase blockchain activity as they enter financial markets. Smith told The Block at the Avalanche Summit in New York that even low-end projections for agentic activity could challenge the assumption that Layer 1 blockspace is effectively unlimited. He said a capacity crunch would make differences among Avalanche, Solana and Ethereum more relevant to businesses, particularly in performance, security, privacy and architecture. Smith, who previously led Susquehanna Crypto and spent nearly 14 years at the trading firm, also expects financial markets to operate 24 hours a day, five days a week by mid-2027. He said existing infrastructure would struggle to support that shift, potentially increasing reliance on blockchain-based systems.