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Bank of America: Institutional Adoption of Ethereum Will Increase After The Merge

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Bank of America: Institutional Adoption of Ethereum Will Increase After The Merge
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According to Bank of America analysts, although the transition of the Ethereum network from proof-of-work to proof-of-stake will not solve scalability issues or high fees, it may lead to broader institutional adoption.

According to them, the notable reduction in energy consumption after The Merge will allow some investors to buy Ethereum for the first time.

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BofA has said:

«The ability to stake ETH and generate a higher-quality yield (lower credit and liquidity risk) as a validator or through a staking service rather than on block-box lending/borrowing applications may also drive institutional adoption.»

In their view, this will also impact the dApp ecosystem.

Источник: ru.ihodl.com

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