Ethereum

Ethereum bets on AI agents with ERC-8004: ETH still trades flat

Ethereum [ETH] is making ready for an necessary improve with ERC-8004, a brand new normal geared toward serving to AI brokers work together and confirm one another instantly on-chain.

The concept is huge, however will it deliver builders, exercise, and finally capital again to Ethereum’s mainnet?

What you have to know

ERC-8004 is ready to be out quickly—it’s a new sensible contract normal designed to assist AI brokers uncover and belief one another on-chain.

Based on Marco De Rossi, head of AI at MetaMask, growth on the usual has now been frozen, with mainnet deployment anticipated midweek, seemingly round Thursday at 9 AM ET.

ethereumethereum

Supply: Telegram

That timeline strains up with Ethereum’s official X account, which confirmed the protocol goes stay “quickly.” The publish additionally mentioned,

“This unlocks a world market the place AI companies can interoperate with out gatekeepers.”

ERC-8004 doesn’t require any modifications to Ethereum’s core community. As a substitute, it offers builders a standardized technique to register and validate AI brokers inside sensible contracts.

Whereas present frameworks like MCP and Agent2Agent already deal with communication and process coordination, they cease wanting addressing discovery and reliability.

That is the hole that the upcoming improve is meant to bridge.

Worth motion seems to be shaky, however positioning is agency

Ethereum’s value motion over the previous few days has been held again, however optimistic. At press time, ETH traded close to $3,025, up marginally on the day after rebounding from a dip towards the $2,900 zone earlier within the week.

ethereumethereum

Supply: TradingView

That bounce got here with a noticeable pickup in quantity, so patrons stepped in on weak point. Tempo is blended. RSI was not in overbought territory and lacked robust bullish stress.

Supply: Coinalyze

Aggregated Open Curiosity climbed to roughly $17.05 billion, recovering from current lows. It seems to be like merchants are rebuilding positions, however with out aggressive leverage.

See also  Blackrock's spot Ethereum (ETH) ETF application goes to the SEC

Remaining Ideas

  • ERC-8004 will make the mainnet the settlement layer for an rising AI agent economic system.
  • At press time, ETH value was regular close to $3,025 with $17B+ in Open Curiosity.

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