ETH 2.0 Will Boost Staking Industry, Reaching $ 40 Billion By 2025 - JPMorgan - Kakiforex.com - Financial Market Media No. 1 in the World ETH 2.0 Will Boost Staking Industry, Reaching $ 40 Billion By 2025 - JPMorgan ETH 2.0 Will Boost Staking Industry, Reaching $ 40 Billion By 2025 - JPMorgan
InstaForex

July 2, 2021

ETH 2.0 Will Boost Staking Industry, Reaching $ 40 Billion By 2025 - JPMorgan

 JPMorgan CEO Jamie Dimon and two analysts recently shared their views on the Ethereum 2.0 network in a report.


Clearly their transition of the Ethereum network from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism will not only invite the popularity of PoS but also make staking revenue as a source of income for retail and institutional investors more attractive.


Roughly speaking, they assume at this point investors who stake their coins in some PoS blockchain manage to generate annual revenue of about $ 9 billion.


However, once Ethereum fully switches to PoS next year, they expect profits to more than double, reaching $ 20 billion.



By 2025, they predict profits will double to $ 40 billion!


"At the current rate of zero, we see coin staking yields as an investment opportunity." - JPMorgan report.


Based on the top 10 cryptocurrencies following the list of staking values, the annual reward is in the range of 3%-13%, a relatively small value. However, the actual rate of return of investment (ROI) also plays a role in the market exchange value of the base currency.


JPMorgan began to focus on PoS coins. At the same time, they are reportedly preparing to offer some of its clients actively managed Bitcoin funds.


This decision will make JPMorgan one of the largest banking institutions to accept crypto.