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JPMorgan Analysts Say Ethereum’s Dominance Is Threatened By Solana And Layer 2 Growth
JPMorgan analysts warn that Ethereum will continue to face intense competition from rival chains like Solana and L2 networks, which offer lower fees and better scalability.
Despite Ethereum’s Dencun upgrade, activity is shifting away from its main network, weakening its base chain.
Top dApps, including Uniswap, are migrating to their own chains, potentially reducing Ethereum’s fee revenue and increasing inflation risks.
While Ethereum still leads in stablecoins, DeFi, and tokenization, JPMorgan analysts believe competition will remain strong, challenging its long-term dominance. 0 reply
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