Any thesis framing non-stablecoin cryptocurrencies as the native currency for AI Agents is going to be proven fundamentally wrong. Beyond stablecoins, the only real path forward for the rest of crypto is to fully converge with equities as a single, unified asset class. If they fail to integrate, they'll steadily lose liquidity—ending up as high-market-cap, low-to-no-volume decentralized ideological tokens, or simply going to zero.