BULLISH 📈 : Ethereum developers integrate AI standard for future growth

Ethereum's Integration of AI

  • Developers are integrating AI use cases into Ethereum’s core, potentially setting a new AI standard in crypto.
  • Introduction of ERC-8004 standard for AI agents includes three registries: identity, reputation, and validation.
  • Identity registry assigns unique IDs to AI agents using an ERC-721-style token.
  • Reputation registry allows feedback on agent performance, keeping data open and reusable.
  • Validation registry enables independent verification of agents' work, with results stored on-chain.

Ethereum (ETH) Price Analysis

  • ETH price recently rejected from the $4,000-$4,300 resistance zone.
  • Currently trading around $2,940, just above key support at $2,200-$2,300.
  • Maintaining trend support is crucial for bullish momentum; reclaiming $4,200 could target $10,000 next cycle.
  • A break below current support may lead to correction toward $2,200-$2,000, a potential 25% drawdown.

Bitcoin Hyper Project

  • Bitcoin Hyper ($HYPER) aims to enhance Bitcoin by leveraging Solana’s technology.
  • Focuses on using Bitcoin as a base layer, moving execution off the main chain while maintaining finality.
  • The project includes wallets, block explorer, bridges, and staking tools.
  • Raised over $30 million in presale; offers staking yields near 38% APY.

Ethereum Price Prediction Chart