Theory Ventures founder Tomasz Tunguz has outlined 12 major trends expected to shape the market in 2026. Among the key predictions, Tunguz anticipates AI agents will surpass human labor costs, significantly impacting enterprise operations. Additionally, he foresees a surge in tech IPO liquidity, suggesting a robust market for public offerings. Stablecoins are projected to manage 30% of global payments, indicating a substantial shift in financial transactions. The fear and greed index may reflect increased volatility as these trends unfold, with AI reshaping enterprise stacks and stablecoin supply reaching new highs. These developments, along with infrastructure shifts, are expected to drive significant market changes in the coming year.