---
title: "JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287086437.md"
description: "JPMorgan reports that ether and altcoins have lagged behind bitcoin in price and institutional interest since the October 2025 deleveraging. While Ethereum upgrades may enhance scalability, previous updates did not significantly increase onchain activity. Other altcoins face challenges like weak liquidity and declining confidence due to past hacks and stagnant DeFi growth."
datetime: "2026-05-20T14:50:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287086437.md)
  - [en](https://longbridge.com/en/news/287086437.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287086437.md)
---

# JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom

-   JPMorgan said ether has underperformed bitcoin in both price action and institutional flows since the October 2025 deleveraging event.
-   Upcoming Ethereum upgrades may improve scalability, but past upgrades failed to materially boost onchain activity.
-   Altcoins other than ether continue to suffer from weak liquidity, shallow market depth and fading confidence after years of hacks and stalled DeFi growth, the bank said.

### Related Stocks

- [JPM.US](https://longbridge.com/en/quote/JPM.US.md)
- [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md)
- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [HUT.US](https://longbridge.com/en/quote/HUT.US.md)
- [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md)
- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [EETH.US](https://longbridge.com/en/quote/EETH.US.md)
- [CETH.US](https://longbridge.com/en/quote/CETH.US.md)
- [QETH.US](https://longbridge.com/en/quote/QETH.US.md)
- [EZET.US](https://longbridge.com/en/quote/EZET.US.md)
- [FETH.US](https://longbridge.com/en/quote/FETH.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [ETH.US](https://longbridge.com/en/quote/ETH.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BTF.US](https://longbridge.com/en/quote/BTF.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [JPX.US](https://longbridge.com/en/quote/JPX.US.md)
- [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md)
- [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md)
- [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md)
- [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md)
- [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md)
- [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md)
- [8634.JP](https://longbridge.com/en/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md)

## Related News & Research

- [JPMorgan Chase declares $1.50 dividend](https://longbridge.com/en/news/286867822.md)
- [Twenty One Capital Outlines Operating Plans to Build the Bitcoin Company | XXI Stock News](https://longbridge.com/en/news/287062741.md)
- [JPMorganChase Declares Common Stock Dividend | JPM Stock News](https://longbridge.com/en/news/286815509.md)
- [Bankless founder liquidates his ETH holdings; Ethereum's most loyal followers have all left.](https://longbridge.com/en/news/287222530.md)
- [JPMorgan banker countersues accuser, says sexual assault 'lies' ruined her life](https://longbridge.com/en/news/287105118.md)