Ethereum (ETH)
Even though Ethereum (ETH) has seen a sharp price decline following the hack of cryptocurrency exchange Bybit, Grok 3 still recommends the decentralized finance (DeFi) asset as its first choice.
The AI platform noted that the asset is likely to grow in the coming weeks due to its ability to power decentralized applications, NFTs, and the DeFi ecosystem. It also noted that the Pectra update, which introduced staking, is another growth catalyst.
In terms of price action, Grok 3 cited analysts’ forecasts, which see the second-largest cryptocurrency by market cap fluctuating between $2,670 $ and $5,990, with a potential maximum of $6,660 $ by the end of 2025.
At the moment, ETH is trading at $2,685.16, with a slight decrease of 1.14% in the last 24 hours, while in the last month it has fallen by more than 19%.