Ethereum Upgrade Draws Institutions, But Retail Interest Remains Weak
Ethereum latest network upgrade, dubbed Pectra, promised faster fund movement and improved staking—features designed to appeal to institutional investors. Yet, despite these enhancements, JPMorgan is sounding the alarm: Ethereum’s growth remains flat, and on-chain user activity shows little sign of revival. In a recent note, JPMorgan analysts highlighted a concerning pattern. While Ethereum’s infrastructure continues…