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Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

The merge and shanghai upgrades has made the ethereum blockchain more centralized, JPMorgan claims. (SB7/Shutterstock)
The merge and shanghai upgrades has made the ethereum blockchain more centralized, JPMorgan claims. (SB7/Shutterstock)