JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom
CoinDesk
JPMorgan analysts state that ether and altcoins require significant network and DeFi growth to stop underperforming against bitcoin.Summary
JPMorgan analysts, led by Nikolaos Panigirtzoglou, report that ether and altcoins have consistently underperformed against bitcoin due to weak network activity and limited DeFi adoption. While bitcoin ETFs have seen stronger inflows compared to ether ETFs, broader altcoin performance is further hindered by liquidity issues and frequent security breaches. The report suggests that upcoming Ethereum upgrades may not be sufficient to bridge this gap, as past improvements have inadvertently increased token supply by lowering transaction fees.
(Source：CoinDesk)