The Ethereum blockchain does not appear to have profited from this recent revival in DeFi and NFT activity, and faces issues related to its “network scalability, low transaction speeds and higher fees,” and increased competition from other layer-1 chains, the report said.
Related posts
-
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after... -
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin... -
Bitcoin (BTC) Miners Are Attracting Growing Investor Interest Following Core Scientific (CORZ)’s AI Deal: JPMorgan
Overweight-rated Iris Energy (IREN) is best positioned to take advantage of the opportunity, the report said,...