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3232JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
https://www.digit.info/jpmorgan-ethereum-losing-ground-to-other-crypto-in-nft-market-due-to-high-transaction-fees-congestion/
Fri, 21 Jan 2022 01:00:06 +0000https://www.digit.info/2022/01/21/jpmorgan-ethereum-losing-ground-to-other-crypto-in-nft-market-due-to-high-transaction-fees-congestion/Read more]]>JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]