BofA Analysis: If Ethereum Doesn’t Do This, Its Usage Will Drop!

Analysts of the well-established US bank Bank of America (BofA) suggested that Ethereum (ETH) will decline if it does not stick to its vision on the roadmap.

In a research report published recently by Bank of America, remarkable statements about Ethereum were included. The current Ethereum most popular blockchain Stating that it stands out as He should develop himself more. suggested.

According to the report, in the early Competitors that can take on Ethereum did not exist, and this facilitated the dominance of Ethereum in the process. But recently, new and versatile blockchains have been launched, and this fresh builds attracts the attention of developers. According to analysts, if Ethereum does not reveal what is expected of itself, it may lose its frequency and popularity in the coming period.

Two important analysts who took part in the research report in question Alkesh Shah And Andrew Mosspointed out the important point for the fate of Ethereum with the following sentences:

We think that Ethereum’s long-term dominance depends on its ability to fulfill the vision laid out in the roadmap. As is known, this vision includes the implementation of sharding architecture to significantly increase throughput capacity.

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