The neural network predicts an increase in the price of Ethereum to $6,500 in 2024

The Grok neural network, developed by Elon Mack’s company xAI, predicts an increase in the price of Ethereum (ETH) to $6,500 in 2024.

Artificial intelligence made two predictions: At the end of 2024, the Ethereum rate will range from $4,000 to $5,000; Within a year, the price of ETH may reach a peak of $6,500. Now ETH costs $2296, so if the neural network’s calculation turns out to be correct, then the cryptocurrency will almost triple in price. Grok highly appreciates the prospects of Ethereum due to the development of the ecosystem of this cryptocurrency and the Dencun update, which should take place on February 8.

Thanks to the implementation of this upgrade, the level of scalability of the ETH blockchain will increase and the costs of processing transactions in second-level networks will significantly decrease due to the use of proto-danksharding technology, which allows you to increase the throughput of the blockchain.$ETH