Morgan Stanley analyst says ETH may lose market share to faster or cheaper competitors

02/21 00:27

According to Dailyhodl, An analyst from banking titan Morgan Stanley says that leading altcoin Ethereum (ETH) could see its market share dwindle as investors turn to cheaper and faster competitors. The analyst also brings up how upcoming regulations could directly impact Ethereum’s decentralized finance (DeFi) and non-fungible token (NFT) markets. “The changing regulatory landscape poses another big risk. Much of the activity on Ethereum is in DeFi and NFTs – two areas with rapidly evolving regulations. Regulations that restrict or eliminate certain market segments, such as finance, from using Ethereum could reduce demand for Ethereum transactions.”
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