JUST IN: JPMorgan reports Ethereum’s major upgrades have not boosted network activity. 📉



🔧 The Merge (Sep 2022): Shifted to Proof-of-Stake — reduced energy use ✅
🧊 Shanghai Upgrade (Apr 2023): Enabled staked ETH withdrawals ✅
🌐 Dencun Upgrade (Mar 2024): Introduced proto-danksharding to cut L2 fees ✅

📊 Result? Network activity remains subdued. JPMorgan says there's “no meaningful increase in user engagement or transactions.”

Is scalability enough without actual demand? 🤔
#Ethereum JPMorgan #Crypto Web3 #BlockchainNews
JST2,23%
ETH-0,53%
MAJOR-0,52%
NOT0,13%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin