TechFlow, May 30 — According to CoinDesk, a recent research report from JPMorgan indicates that despite multiple network upgrades, Ethereum has not yet seen a noticeable increase in network activity. The report shows that neither daily transaction counts nor active address numbers have experienced substantial growth following the recent Dencun (March 2024) and Pectra (May 7, 2025) upgrades.
Since the Dencun upgrade, both average and total transaction fees on Ethereum have declined, partly due to users migrating to Layer 2 solutions. Meanwhile, the circulating supply of ETH has increased, raising concerns that it may become an "inflationary asset."
Add to Favorites
Share to Social Media
