Ethereum Becoming More Attractive For Institutional Investors, JPMorgan Analysts Say

Ethereum‘s (CRYPTO: ETH) latest network upgrade, dubbed Pectra, has improved technical efficiencies and attracted greater institutional interest but on-chain activity remains sluggish, according to a new research note from JPMorgan.

The upgrade, rolled out earlier this month, introduced several Ethereum Improvement Proposals (EIPs) targeting enhancements in staking performance, reward mechanisms and transaction processing.

These changes were positioned to make Ethereum more appealing to institutional stakeholders.

JPMorgan analysts, led by Nikolaos Panigirtzoglou, argued that while these developments mark strategic progress, they have yet to drive a substantial …

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