JPMorgan analysis shows: Upgrades at Ethereum remain without influence on network activity

JPMorgan analysis shows: Upgrades at Ethereum remain without influence on network activity
Ethereum upgrades: Missing effects on network activity according to JPMorgan analysis
In a recent study,Analysts from JPMorgan found that the numerous upgrades at Ethereum did not lead to a significant increase in network activity. Despite the extensive improvements and developments within the Ethereum ecosystem, the data show a declining trend in the use of the network.
These findings raise questions about why the implementations that aim to increase the efficiency and functionality of Ethereum have so far not had the expected positive influence on the activity of the users. Several factors may play a role, such as the market environment, the competition through other blockchain platforms or internal challenges in the Ethereum network itself.
The analysis of JPMorgan could have important implications for investors and developers, since it points out that technological upgrades alone are not sufficient to increase the number of users or transaction volumes. It remains to be seen which strategic measures are taken to promote network activity and to regain the trust of users.