Markets › News › Institutional

JPM Coin Shows No Ethereum Activity Post-Launch, Sentora Reports

JPMorgan's JPM Coin has registered zero supply and transfers on Ethereum since its recent launch, according to on-chain data analysis by Sentora.

JPMorgan's JPM Coin has registered zero supply and transfers on Ethereum since its recent launch, according to on-chain data analysis by Sentora. Ethereum (ETH) is trading at $2,375.60. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Sat, 24 Oct 2026 01:45:02 UTC.

Why it matters

This development highlights potential challenges or delays in JPMorgan's integration of its deposit token with Ethereum, a key platform for institutional blockchain solutions.

Key takeaways
  • JPM Coin has zero supply and transfers on Ethereum since launch.
  • Sentora's analysis shows only one allowlisted address for JPM Coin.
  • Ethereum's market cap remains at $290B despite the news.
The story so far · 2 briefs
  1. JPMorgan's JPM Coin to Launch on Ethereum Blockchain
  2. JPM Coin Shows No Ethereum Activity Post-Launch, Sentora Reports — this brief

JPMorgan's recently launched JPM Coin has shown no activity on the Ethereum network, according to on-chain data analysis by Sentora. The analysis, which reviewed smart contract data, found zero supply and zero transfers of JPM Coin on Ethereum.

Sentora's review also identified exactly one allowlisted address associated with JPM Coin, suggesting a limited initial deployment or restricted access to the token on the Ethereum network.

This development comes shortly after JPMorgan announced the arrival of its deposit token on Ethereum, indicating a potential gap between the announcement and the actual implementation.

The Ethereum network, which has a market cap of $290 billion, has seen a slight decline of 0.70% in the past 24 hours, while the overall crypto market remains relatively flat.

The lack of activity for JPM Coin on Ethereum may reflect technical challenges, strategic decisions, or a phased rollout approach by JPMorgan. Further developments in the token's integration and usage will be important to monitor.

Market reaction since this brief Live

Since this brief published about 6 hours ago, Ethereum (ETH) has moved from $2,374.20 to $2,375.60 — +0.06%.

$2,374$2,374$2,375$2,375$2,376 published · $2,374 now · $2,376 (+0.06%) Oct 23 20:09 UTC Oct 24 01:45 UTC
BeforeSince publishPublished · $2,374.20

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 ETH ≈ ₦3.28M (about $2,375.60), down 0.7% over 24 hours. The naira itself trades about 3.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

$2,375.60 ▼ 0.70%
+0.06% since this brief published
7d -1.97%MCap $290.15BFull ETH data →
The market when this published · October 23, 2026
Total market cap$2.77T
Bitcoin 24h-0.97%
Ethereum 24h-0.70%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.

Sentora TVL$2.47B-1.4% 7dDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

JPM Coin Shows No Ethereum Activity Post-Launch, Sentora Rep — questions & answers

What is JPM Coin's current status on Ethereum?

JPM Coin has zero supply and zero transfers on Ethereum since its launch, according to Sentora's analysis.

How many allowlisted addresses does JPM Coin have on Ethereum?

Sentora's analysis found exactly one allowlisted address for JPM Coin on Ethereum.

Why is JPM Coin's Ethereum activity significant?

It indicates the progress and implementation of JPMorgan's deposit token on a major blockchain platform, affecting institutional adoption and integration.

How much is 1 Ethereum worth in naira today?

About ₦3.28M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,375.60. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is up 0.06% since this brief first published — trading at $2,375.60 now versus $2,374.20 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyJPMorgan Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 24, 2026 ⛓ Timestamped at Bitcoin block #972,854 sha256:affd619511ea0599
Based on reporting by Crypto.news — this is an original TLT summary with live market data, not the original article.Crypto.news · Oct 23 20:09 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.