Ethereum Foundation has introduced a new team aimed at integrating artificial intelligence into blockchain, potentially transforming the market and Ethereum's positioning in the future.
Launch of dAI Team in Ethereum
Ethereum Foundation has launched a new decentralized AI (dAI) team led by Davide Crapis. The goal of this project is to position Ethereum as the core settlement platform for AI agents. It includes the ERC-8004 standard which will be showcased at Devconnect in November.
Impact of AI Narrative on the Market
The AI narrative has emerged as one of the strongest drivers of growth in technology and financial markets in 2025. By integrating AI and blockchain, Ethereum reduces reliance on centralized players, which may enhance trust and relevance within the network.
Technical Analysis of Ethereum Price Prediction
Currently, Ethereum's price oscillates around 4574 dollars, showing a slight retracement of 1.36%. Price chart analysis reveals strong resistance and support levels, setting the stage for potential growth towards 5200 dollars if the market maintains above the key support level of 4528 dollars.
The upcoming announcement of the ERC-8004 standard at Devconnect could serve as a growth catalyst for Ethereum, especially considering the favorable technical analysis and AI narrative, creating a positive backdrop for testing new highs in the future.
