JPMorgan just put its dollar deposit token on Ethereum. Not on Solana. Not on its own private blockchain. Not on Ripple. Ethereum. The largest bank in the United States chose one chain over 100 competing networks for its institutional payment infrastructure. That choice tells you more about Ethereum’s future than any price prediction. 👇 Here is what drove that specific decision and why it matters structurally. $ETH Emma Landriault, head of JPMorgan’s Kinexys Labs, said it directly. Ethereum was chosen because it offers more liquidity than rival networks and is already used by institutional clients. That reasoning has nothing to do with ETH’s token price or DeFi narratives. It is infrastructure logic. Ethereum was already where JPMorgan’s institutional clients were operating. Moving JPM Coin there removes a settlement hop that made no sense once their tokenized money-market funds already lived on Ethereum mainnet. JPMorgan’s Kinexys private blockchain processes $7 billion in daily transactions. They just extended that infrastructure onto a public network with $50 billion in DeFi TVL and $147 billion in stablecoins already settled there. Thirty institutions are collaborating with Swift right now on blockchain-based ledger governance. Every one of them is watching which public chain the largest US bank just chose. Network effects compound. JPMorgan choosing Ethereum makes it harder for the next institution to choose anything else. Is this the moment institutional finance converges on one settlement layer? 👇 #JPMorgan #ETH #Altcoin Season#