In a recent research report, Nikolaos Panigirtzoglou, an analyst at the world’s largest bank JPMorgan Chase, predicted that Ethereum (ETH) will continue to lose its dominance in the decentralized finance (DeFi) ecosystem.
Ethereum’s scalability and its capacity a multi-stage upgrade to improve and Ethereum 2.0 one of the main features Sharp Chain of the property 2023 expected to start in Panigirtzoglou, “To catch up with the rest of the market by then for Ethereum, which is in a leading position”very lateHe thinks it will.
According to DefiLlama data January 2021 in the DeFi ecosystem from 97% Ethereum’s market share has declined steadily over the past year. Ethreum’s total assets (TVL) locked in the DeFi ecosystem Terra (LUNA), Binance Smart Chain (BSC), Avalanche (AVAX), and Solana (Left) Due to the rapid growth of competitors such as 63% decreased to levels.
JPMorgandealing with high network fees that make blockchain inaccessible to the DeFi community, and 2021 in the year 396% The leading altcoin Ethereum, which is on the rise, is in this competition. 2022 in the year downtrend predicts to show.
Also, recently, JPMorgen, Inflation in Turkey will be around 55% in May made a guess.
