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Ethereum’s Shanghai update has been ‘rather disappointing,’ with transactions falling since update, says JPMorgan

Summary by Ground News

Analysts at JPMorgan Chase say the latest update to the Ethereum network hasn't quite panned out as expected. The Shanghai upgrade in April made important changes to the network, but the update has in other ways shown to be lackluster. The next major update to Ethereum is the planned EIP-4844 upgrade, which is scheduled to be completed by the end of the year.

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Ethereum’s Shanghai update has been ‘rather disappointing,’ with transactions falling since update, says JPMorgan

The bank said daily transactions have fallen 12% despite widespread positivity that followed the network's update.

2 years ago·New York, United States

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Fortune broke the news in New York, United States 2 years ago on Monday, September 25, 2023.

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