JPMorgan Slams Ethereum: Network Upgrades Fall Flat on Adoption
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Ethereum’s much-hyped upgrades—sharding, PoS transition, you name it—aren’t moving the needle. JPMorgan’s latest analysis shows stagnant network activity despite the fanfare. Guess those gas fee fixes didn’t lure back the degens after all.
Wall Street’s verdict? Blockchain’s ‘world computer’ still can’t outrun its own hype cycle. But hey, at least the merge cut energy costs—just in time for VCs to spin up new narratives.
Funny how ‘institutional adoption’ keeps getting postponed like a crypto conference after-party. Maybe next upgrade, folks.
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