Bank of America Predicts Drop in Ethereum

Bank of America has recently released an article warning that unless Ethereum raises its network capacity, developers will leave it for other networks. This call from Bank of America is something I have been predicting for years. The ethereum network as it is, is sluggish, slow, and expensive. These inefficiencies represent an opportunity for more performant networks like Cardano to takeover. However, I suspect the winner of them all will be Internet Computer or ICP.

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Source: https://www.coindesk.com/tech/2023/03/23/ethereum-usage-will-drop-if-the-blockchain-doesnt-increase-its-throughput-bank-of-america/