Fidelity Digital Assets has backed crypto exchange EDX Markets and produced research on the value of Ether (ETH) as a cryptocurrency. The research highlights that dapps built on the Ethereum network have superior programmability compared to Bitcoin. However, the report also mentions several obstacles that Ether faces in becoming widely accepted as a form of money, including uncertainty surrounding future upgrades and the supply of tokens. Fidelity also explores Ether’s potential to generate yield through staking, but notes that there are complex factors that make Ethereum’s future uncertain for investors.
AI Sentiment: Positive
