His recent positions include:
• NEAR for AI infrastructure and intents-based transactions
• HYPE for exchange and trading revenue exposure
• ENA, PENDLE, and LDO for DeFi cash flow models

The common theme is clear:
Hayes appears to be betting on crypto protocols that could generate sustainable economic activity rather than relying only on speculative hype cycles.

In NEAR’s case, the thesis revolves around the possibility that future AI-driven applications may require scalable blockchain rails capable of supporting autonomous transactions at scale.

If that narrative continues gaining traction, NEAR could increasingly compete for market attention alongside larger Layer-1 ecosystems.