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stockvaper

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stockvaper

Re: None

Tuesday, 01/18/2022 9:08:07 AM

Tuesday, January 18, 2022 9:08:07 AM

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JPMorgan says Ethereum is losing ground to rivals in the NFT market, which could boost the likes of Solana

o High gas fees and congestion have pushed NFT apps away from the ethereum network, JPMorgan said.

o The bank's analysts found Ethereum's NFT volume share has fallen from 95% at the start of 2021 to around 80%.

o If the trend continues, it could start hitting Ethereum's price, JPMorgan's markets team said.

https://markets.businessinsider.com/news/currencies/ethereum-eth-killers-nfts-defi-solana-cardano-wax-crypto-investing-2022-1
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