Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.

Ethereum’s Network Growth Faces Challenges Despite Institutional Interest and Recent Upgrades

Ethereum’s Pectra upgrade has not translated into increased on-chain activity, raising questions about the network’s future despite attracting institutional interest. With record inflows of $205 million, Ethereum (ETH) demonstrates resilience,

JPMorgan warns: Ethereum faces flat growth, weak demand post-upgrade

Institutional signals rise for Ethereum, yet falling fees and low retail demand keep usage metrics stuck in neutral.

Ethereum's Pectra update meets expectations, edges closer to Fusaka – MAXBIT

Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.  The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are...

JPMorgan Analysts Paint A Bleak Future For Ethereum

JPMorgan analysts found that the series of upgrades in Ethereum has failed to translate into a boost in network activity. They claimed that the declining trend could negatively impact institutional and broader user demand. Ethereum (ETH) has significantly recovered following a one-year low of $1,386.80 last month. Bitcoin’s (BTC) resurgence this May, as economic tensions between the US and China have slightly eased, has also trickled in favor of…

Despite technical improvements and an increase in blocked value, JPMorgan analysts assure that the activity in Ethereum remains stagnant. *** JPMorgan warns that there is no relevant increase in transactions or active addresses. Pectra update improves the stacking and functionality of wallets in Ethereum. There is increased concern about inflation in ETH in the face of low activity. Ethereum Blockchain network continues to face challenges to inc…