According to a report by JPMorgan analysts, although the crypto market has rebounded after the sell-off triggered by the Iran conflict, Ethereum and other altcoins continue to lag behind Bitcoin. Analysts stated that unless there is a significant improvement in on-chain activity, DeFi, and real-world use cases, this trend is unlikely to change. The report highlighted that since the market downturn, Bitcoin has outperformed Ethereum in terms of spot ETF fund flows recovery and CME futures positions. Meanwhile, although Ethereum upgrades in recent years have reduced Layer 2 transaction costs, they have failed to effectively boost on-chain activity, instead weakening the ETH burn mechanism and increasing net supply growth. Analysts also noted that insufficient liquidity, declining market depth, and frequent security incidents in the industry continue to weigh on the performance of the altcoin market. (The Block) https://(wublock123.com)/news/jpmorgan-ethereum-altcoins-to-continue-underperforming-bitcoin-61113