Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»JPMorgan Analysts Cautious Amid Signs of DeFi and NFT Resurgence
TRADING NEWS

JPMorgan Analysts Cautious Amid Signs of DeFi and NFT Resurgence

By Crypto FlexsDecember 4, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
JPMorgan Analysts Cautious Amid Signs of DeFi and NFT Resurgence
Share
Facebook Twitter LinkedIn Pinterest Email
  • A report from JPMorgan analysts pointed to a tentative recovery in DeFi and NFTs.
  • But analysts warn against premature optimism.
  • According to their report, there has been a notable increase in NFT sales and an increase in total value locked in DeFi.

JPMorgan analysts led by Nikolaos Panigirtzoglou have approached the recent rise in decentralized finance (DeFi) and non-fungible tokens (NFTs) cautiously.

Their report highlights the tentative recovery in these sectors and suggests potential optimism. However, analysts emphasized the need for a cautious outlook, citing subtle factors influencing market changes.

DeFi and NFT Recovery Signals

In a recent report, JPMorgan analysts expressed a tempered view on the nascent recovery observed in DeFi and NFTs, but refrained from premature optimism.

The report notes that after a nearly two-year slump, there has been a notable resurgence in NFT sales and an increase in total value locked in DeFi. Despite these positive signs, analysts stress that these are early signs of a recovery and should be approached with caution.

DeFi’s recovery is due to a natural increase in overall cryptocurrency trading activity, with decentralized exchanges (DEXs) playing a role. Additionally, the increase in liquid staking, especially from the beginning of 2023, led by Lido, was a contributing factor. This cautious stance stems from issues that hinder Ethereum’s performance despite its central role in DeFi and NFTs, including high fees and low transaction speeds.

Emergence of new chains due to Ethereum stagnation

The report acknowledges the emergence of new blockchains and platforms such as Aptos, Sui, Sei, Celestia, and Blur, which are considered encouraging for the industry. However, Ethereum’s poor performance compared to other cryptocurrencies affects the total value locked as measured in Ethereum. Analysts recognize the upcoming Ethereum upgrade as a potential solution to its scalability issues, but remain cautious, citing uncertainty about the timing and effectiveness of such an upgrade.

In conclusion, JPMorgan analysts offer a nuanced view of the recent DeFi and NFT recovery, urging a cautious approach amid positive signs and potential challenges. The technical tone emphasizes the need for a comprehensive understanding of market dynamics and the evolving landscape of decentralized finance and non-fungible tokens.


Share this article

category

tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

Why I am still optimistic despite noise

June 26, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

FIPCOIN presents a new standard for cryptocurrency with stable value and guaranteed profits.

October 17, 2024

$Trac, Fetch.ai and Singularity Comparison: 3 AI Tokens –

April 30, 2024

Gav’s ÐΞV Update I: Where Ethereum’s at

May 27, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.