As artificial intelligence and cryptography technologies collide deeply in 2025, a new narrative framework is taking shape. The market is no longer simply chasing the label "AI Coins," but is beginning to differentiate the roles that different projects play within AI infrastructure. NEAR Protocol, Render, and Bittensor happen to represent this shift: they each form three key layers of the AI crypto ecosystem—computing layer, smart layer, and user interface layer. Understanding this layered structure is crucial for investment decisions in 2026 and beyond.
Why the "Stack Perspective" is Needed for AI Crypto
Traditional views see AI Coins as a single investment narrative: as long as AI remains hot, these tokens will rise. This simplified way of thinking overlooks a fundamental issue—AI and blockchain integration is not just one application scenario, but three parallel solutions.