JPMorgan Believes Ethereum 2.0 Could Kickstart $40B Staking Industry.
Two JPMorgan analysts believes Ethereum’s planned move to Proof-of-Stake will increase adoption as institutions and retail investors take advantage of the high yields generated by staking.
Staking across all cryptocurrencies generates an estimated $9 billion annually.
The report predicts that this figure could increase to $20 billion following Ethereum’s move to Proof-of-Stake.
A final prediction in the report puts total staking rewards at $40 billion by 2025.
@CryptoTrades #dailynews #eth #ethereum #jpmorgan #staking #pos #proofofstake
Two JPMorgan analysts believes Ethereum’s planned move to Proof-of-Stake will increase adoption as institutions and retail investors take advantage of the high yields generated by staking.
Staking across all cryptocurrencies generates an estimated $9 billion annually.
The report predicts that this figure could increase to $20 billion following Ethereum’s move to Proof-of-Stake.
A final prediction in the report puts total staking rewards at $40 billion by 2025.
@CryptoTrades #dailynews #eth #ethereum #jpmorgan #staking #pos #proofofstake