The Ethereum blockchain does not appear to have profited from this recent revival in DeFi and NFT activity, and faces issues related to its “network scalability, low transaction speeds and higher fees,” and increased competition from other layer-1 chains, the report said.

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• Source: https://www.coindesk.com/markets/2023/11/30/there-are-tentative-signs-of-revival-in-defi-and-nft-markets-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines