Ethereum whale invests an additional 1.3 billions USD amid ERC-8004 frenzy—but one metric still hinders the rally.

According to a report by Bijie Network: Although the price of Ethereum's new artificial intelligence standard ERC-8004 has increased by 2.5%, it has not triggered a market rally. ERC-8004 grants on-chain autonomous agent identity and reputation. Market sentiment data shows that this ERC-8004 upgrade stands in stark contrast to the previous major upgrade, with the positive sentiment index approaching an annual low of 18, down more than 90% from the baseline of the Pectra upgrade. Analysts believe this is because ERC-8004 is an application layer standard, with its benefits reflected in the long term rather than the short term, and large holders remain cautious in their accumulation strategies amid overall weak market sentiment.