JPMorgan analysts have recorded a lag in Ethereum and altcoins compared to Bitcoin.



According to experts, this trend will continue through 2023 and is unlikely to reverse without growth in network activity, DeFi, and "real-world applications."

Previous upgrades have reduced L2 fees, weakening the token burn mechanism and increasing Ethereum's supply. The upcoming Glamsterdam and Hegota upgrades are aimed at scalability, but whether they will revive demand remains to be seen.
ETH-1.03%
BTC-1.73%
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
Add a comment
Add a comment
No comments
  • Pinned