TOP 2 notable AI tokens as the Ethereum Foundation establishes a new AI group

The Ethereum Foundation has just announced the establishment of a dedicated Artificial Intelligence team (AI), aiming to elevate Ethereum to become the leading payment and coordination infrastructure for the AI economy.

Ethereum Foundation builds a decentralized AI economy

Davide Crapis, Head of AI at Ethereum Foundation, stated in an announcement on Tuesday that the new team will focus on two main tasks: promoting the development of the AI economy on Ethereum and building a decentralized AI infrastructure, where opportunities are widely distributed among many projects rather than falling into the hands of a few large organizations.

"We believe that Ethereum can become a powerful tool for AI developers not only in the present but also in a future that has a science fiction flavor. Therefore, we will closely collaborate with projects in the ecosystem to accelerate progress, expand research boundaries, and innovate at the intersection of AI and blockchain," Crapis emphasized on X.

According to the plan, the dAI team will work directly with the protocol teams and ecosystem of the Ethereum Foundation, acting as a bridge between developers and essential resources, while also funding groundbreaking public initiatives and services.

"Ethereum helps AI become more transparent and reliable, while AI makes Ethereum more practical and useful [...]. Ethereum benefits by becoming that infrastructure layer, while AI is freed from reliance on centralized platforms," Crapis added.

Currently, the Ethereum Foundation is developing ERC-8004, a new standard aimed at verifying the identity of AI agents and assigning trust scores to them. This initiative is expected to lay the groundwork for a neutral, verifiable, and censorship-resistant infrastructure.

Projects that are leveraging the Ethereum network, such as Render (RNDR) and Artificial Superintelligence Alliance (FET), will be the first partners to receive support from the dAI team, thereby promoting the development of AI for humanity and ensuring that this technology brings prosperity to all of mankind.

Notable AI tokens: Render and FET show signs of recovery

The Ethereum Foundation's turning point in combining AI and blockchain is expected to create new momentum for projects being built on this platform. Among them, RNDR and FET – the two largest AI tokens on Ethereum – are likely to benefit as the dAI team develops a neutral, transparent, and censorship-resistant infrastructure.

In the market, Render (RNDR) is trading around the mark of 3.80 USD, supported by the 100-day exponential moving average (EMA) at 3.79 USD. At the same time, the 50-day EMA at 3.72 USD also reinforces the bullish outlook for this token.

Technically, the MACD continues to signal a buy as the MACD line (green) is above the signal line (red). Meanwhile, the RSI is at 53 – if it remains above the neutral threshold and approaches the overbought zone – it could further extend the recovery momentum. A higher RSI also indicates that bullish momentum is becoming increasingly strong.

Key milestones that investors need to watch include: resistance at the 200-day EMA line (4.07 USD) and the round supply level of 5.00 USD – two important barriers on RNDR's upward journey.

Daily RNDR/USDT chart | Source: TradingViewFor FET, the bulls are trying to regain control after losing two important support levels at the 50-day EMA (0.66 USD) and the 100-day EMA (0.68 USD). The RSI is currently at 48, still leaning towards the negative zone, indicating that the short-term advantage temporarily belongs to the bears.

However, the signal from the MACD brings a silver lining: this indicator has not confirmed a clear downtrend, meaning that the bulls still have a chance to turn the situation around in the short term if the MACD (green) line continues to stay above the signal (red) line.

To affirm the recovery prospects, FET needs to quickly regain its position above the 50-day and 100-day EMA. If successful, the next target will be to conquer the 200-day EMA at 0.75 USD and break through the downward trend line – two key factors that could open up room for a new rally, with the 1 USD mark being the potential destination.

Daily FET/USDT Chart | Source: TradingViewConversely, the risk will increase if the MACD line(green)crosses below the signal line(red). In this case, the range of 0.55 – 0.58 USD, which previously acted as support on September 1, is likely to continue being the nearest "lifeline" for the price.

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