JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
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A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos…
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The crypto landscape has experienced a notable upsurge led by the growing altcoin dominance. In this respect, the total crypto market capitalization has risen above $3.74T after a 1.36% growth over 24 hours. However, the 24-hour crypto volume has seen a 10.14% dip to reach $128.96B. At the same time,…
According to JPMorgan analysts, capital inflows into digital assets since the beginning of the year have reached $60 billion. This increase was driven by cryptocurrency fund flows, activity in CME futures, and a resurgence in venture capital investment. Inflows have increased by approximately 50% since the end of May, and…
The crypto market is experiencing a continuous decline, as the latest 24-hour data suggests. Hence, the cumulative crypto market capitalization has dropped to $3.68T after a 3.18% decrease. However, the 24-hour crypto volume has seen a 5.56% jump, reaching $181.41B. At the same time, the Crypto Fear & Greed Index…