Major financial institution JPMorgan has reported that recent Ethereum network upgrades have not led to a significant increase in network activity.
Despite multiple upgrades aimed at improving scalability and performance, the expected surge in activity has not materialized, raising concerns about the effectiveness of these improvements.
The report highlights that transaction volumes and user engagement remain relatively stagnant, suggesting that the upgrades have not yet achieved their intended impact.
This development could influence investor confidence and the future trajectory of Ethereum’s network development.
Market analysts are closely monitoring upcoming network updates and potential adoption drivers that could alter the current trend.
Next steps include observing Ethereum’s upcoming upgrades and how they may or may not impact network activity in the future.
