Why base Is Trending Today?

JPMorgan, a leading global financial services firm, has made significant strides in the blockchain and cryptocurrency space. The company recently launched 'JPM Coin', a deposit token that enables instant payments for institutional clients, now available on Coinbase's Base blockchain. This move is seen as a major step towards bridging traditional finance and decentralized finance (DeFi). Additionally, JPMorgan has warned that achieving a 10% return on AI investments would require approximately $650 billion annually, raising concerns about a potential bubble in the AI sector.