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Ethereum’s Big Upgrades Fall Flat—JPMorgan Says Network Activity Still Stagnant
Ethereum’s Big Upgrades Fall Flat—JPMorgan Says Network Activity Still Stagnant
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Despite high hopes for Ethereum’s latest upgrades, JPMorgan analysts report a glaring lack of meaningful network growth. The blockchain’s much-hyped improvements—touted as game-changers—have yet to move the needle.
Where’s the surge? Transaction volumes remain sluggish, and user adoption isn’t spiking. Even DeFi’s poster child can’t seem to shake off the post-upgrade blues.
Wall Street’s verdict? Another case of ‘buy the rumor, sell the news’—crypto’s favorite pastime.
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