TLDR Crypto · MISCELLANEOUS

WALL ST APPRECIATING BLOCKCHAIN PROFITABILITY

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Summary from the TLDR Crypto newsletter

JPMorgan's recent report highlights how Ethereum's Dencun upgrade boosted Layer-2 chain profitability and predicts $20 million in net fees for Base in Q2 2024. With ETH ETFs, analysts will compare blockchain protocols like ETH and SOL to traditional businesses, recognizing their high growth and profitability.