Ether, Altcoins May Trail Bitcoin Without Network Growth

JPMorgan analysts suggest that ether and other altcoins are unlikely to outperform bitcoin unless there are significant advancements in network activity. They specifically highlighted the need for improvements in decentralized finance (DeFi) and the integration of real-world applications. Without these catalysts, the current trend of altcoins lagging behind bitcoin is expected to persist, indicating a potential continued dominance for bitcoin in the cryptocurrency market. This outlook emphasizes the importance of tangible utility and adoption for the broader altcoin ecosystem to gain traction.