Odaily Planet Daily News: JPMorgan Chase (JPM) said in a research report that despite the continuous upgrades of the Ethereum blockchain, its activity has not increased significantly. The bank noted that since the Dencun upgrade in March 2024, average and total fees have declined, and neither the number of daily transactions nor the number of active addresses has seen substantial growth. Additionally, futures positions suggest that institutions have played an important role in the recent rise in ETH. Ethereum launched the Pectra upgrade on May 7, an update designed to simplify the staking process, enhance wallet functionality, and improve overall efficiency. . (CoinDesk)