ERC-8004, a new Ethereum Improvement Proposal, aims to enable trustless collaboration among AI agents on the Ethereum blockchain. This proposal, introduced in August 2025 and currently in the Draft stage, is a strategic priority for the Ethereum Foundation's Decentralized AI team. It facilitates AI agents from different organizations to discover, assess, and securely collaborate without pre-existing trust, forming the backbone of an open agent economy. The integration of ERC-8004 is expected to significantly enhance Ethereum's utility by providing a decentralized, tamper-proof settlement and collaboration infrastructure for AI applications. This development positions Ethereum as a critical asset in the AI wave, offering a secure foundation for machine-to-machine interactions. As AI agents drive increased on-chain activity, Ethereum's economic model is poised to benefit from higher transaction volumes and complexity, potentially contributing 15-20% of DeFi trading volume by the end of 2025.