Two senior analysts at JPMorgan argued in their report that blockchains running more energy-efficient networks are getting more popular, ans as a result staking will gain more traction.
Staking is locking up cryptocurrencies, and receiving rewards. The report argues that it is going to be a popular source of revenue for both institutional and retail investors in the upcoming years.
“Yield earned through staking can mitigate the opportunity cost of owning cryptocurrencies versus other investments in other asset classes such as US dollars, US Treasuries, or money market funds in which investments generate some positive nominal yield,” the report reads. “In fact, in the current zero rate environment, we see the yields as an incentive to invest.”
