“Think about it as a billion voices saying, I want to keep producing whatever I’m producing, but I need to be paid for it in order to keep doing that,” Cohen said.

CoinDesk reported in March that on-chain activity tied to the protocol remained small and experimental, with x402 processing roughly $28,000 in daily volume at the time. Cohen’s comments suggest Cloudflare sees a much larger pool of latent demand at the network layer.

She framed the shift as a structural change in how the internet works. “More than half of the traffic on the overall Internet today is non-human,” she said, “and that non-human traffic is growing much faster than the human traffic.” A decade ago, she said, crawlers visited a site twice and sent back one human visitor. Today, the ratio is “tens of thousands to one for AI companies that are scraping your site,” undermining the ad-and-subscription model that has long funded online content.

She positioned Cloudflare as network-layer infrastructure for that rebuild, not as a payment rail itself. The company processes more than 100 million requests per second at peak, Cohen said, citing Swift’s roughly 68 million messages per day as a comparison.

Cohen also pointed to Cloudflare’s Web Bot Auth cryptographic-verification stack and recent work involving Visa and Experian as part of the next layer of agentic commerce. The goal, she said, is to help merchants accept purchases initiated by AI agents while verifying that a real human is behind each transaction.

“We believe that, if we do this right, there will be a golden age of content,” Cohen said, “where high-quality original content is valued.”

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Solana co-founder Anatoly Yakovenko @ Consensus Miami 2026 (CoinDesk)

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see ‘Alpenglow’ upgrade go live later this year, which could come as early as next quarter.

What to know:

  • Solana co-founder Anatoly Yakovenko said the upcoming Alpenglow upgrade, expected as soon as next quarter, marks a key step toward improving the network’s speed, reliability and transaction finality.
  • The upgrade aims to bring transaction confirmation closer to the “speed of light,” strengthening Solana’s positioning as infrastructure for high-performance, global-scale financial…

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