Joseph Lubin Sees 100x Ethereum Surge as Wall Street Backs DeFi and Scaling Solutions

Ethereum co-founder Joseph Lubin has made a bold prediction that the value of ETH could increase by 100 times or more.

Quick overview

  • Joseph Lubin predicts that Ethereum's value could increase by 100 times, potentially surpassing Bitcoin in a phenomenon he calls the 'flippening.'
  • He emphasizes that Ethereum's role as decentralized trustware is underestimated and essential for the future global financial system.
  • Lubin highlights Wall Street's growing interest in Ethereum, citing JPMorgan's long-term blockchain efforts and BlackRock's recent $300 million investment.
  • He advocates for the importance of validators, Layer 2 and Layer 3 solutions, and decentralized finance tools to support Ethereum's scalability.

As Wall Street giants like JPMorgan and BlackRock make significant investments, scaling solutions and the DeFi utility bolster Ethereum’s competition with Bitcoin, according to Joseph Lubin, the cryptocurrency might surge 100 times. 

Ethereum co-founder Joseph Lubin has made a bold prediction that the value of ETH could increase by 100 times or more, eventually surpassing Bitcoin’s monetary base in what he calls an inevitable “flippening.” He described Ethereum as the strongest form of decentralized trustware and the most valuable trust commodity, arguing that its potential to underpin the global financial system is still vastly underestimated.

Lubin regularly exchanges views with Tom Lee of Fundstrat, who recently forecast that Ethereum could reach $5,500, citing strong whale accumulation and rising open interest. While Lubin agreed with Lee’s positive outlook, he countered that such estimates remain “not nearly bullish enough.” In his view, the market has yet to fully grasp how quickly a decentralized economy, driven by Ethereum, artificial intelligence, and machine-powered networks, can scale.

Lubin said that one of the main reasons for this rise will be Wall Street’s eventual move into Ethereum staking. He said that big banks and other financial organizations already use expensive, siloed technology stacks, but Ethereum may give them better, safer, and more programmable infrastructure.

Lubin used JPMorgan as an example, noting that the company has been working on Ethereum-based private blockchain networks since 2014. BlackRock’s recent $300 million investment in Ethereum shows that this trend is already happening, which means that adoption is already happening.

Lubin stressed the need for validators, Layer 2 and Layer 3 scaling solutions, and the use of decentralized finance tools and smart contracts to help with this change. He said that scaling networks wouldn’t hurt Ethereum’s mainchain and used new technologies like Linea and Proof of Burn to show that Ethereum would be able to handle the long future.

Lubin said that the emergence of Ethereum is part of a bigger “trust revolution,” with ETH as the base of a new financial era. 

 

ABOUT THE AUTHOR See More
Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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