- Ethereum co-founder predicts ETH will flip BTC as monetary base.
- He also expects ETH to 100x with greater Wall Street adoption.
- Specifically, Lubin believes Wall Street will adopt staking and DeFi infrastructure soon.
This crypto bull cycle is expected to be an explosive one for Etehreum (ETH), so much so that several crypto experts and financial institutions have been steadily accumulating more ETH over BTC. In particular, Ethereum co-founder predicts ETH will flip BTC as the main monetary base within the crypto market. He also expects ETH price to surge 100x with greater Wall Street adoption and activity.
Ethereum Co-Founder Predicts ETH Will Flip BTC
The pioneer altcoin and smart contract blockchain ecosystem, Ethereum, was built by several co-founders. They included Gavin Wood, Charles Hoskinson, Anthony Di Iorio, Joseph Lubin, and Vitalik Buterin. These impressive figures and titans in the blockchain and crypto industry left Buterin to command Ethereum and went on to build their own legacies in the web3 realm.
In particular, Charles Hoskinson, Gavin Wood, and Joseph Lubin went on to develop and launch Cardano, Polkadot, and Consensys, respectively. These figureheads became known community leaders in the crypto industry and have since led innovation and inspired visionaries across the sector. Many have even gone on to collaborate with other reputed projects in the space.
Most recently, Joseph Lubin made a bold statement. As we can see from the post above, the Ethereum co-founder stated that ETH will likely flip Bitcoin as the monetary base. By this, he means that one day, Ethereum (ETH) could surpass BTC in terms of monetary recognition and, quite possibly, in value as well. Responses to the post show much enthusiasm from the crypto community.
ETH Expected to Surge 100x With Greater Wall Street Adoption
Lubin also goes on to state that ETH will surge and pull an astounding pump of 100x. He believes that this outcome is all but certain as Wall Street adopts staking and DeFi infrastructure. This prediction is not too far-fetched, as financial institutions are already aggressively accumulating ETH, showing no signs of slowing down, despite ETH price fluctuations. Most expect ETH to hit at least $10,000 this altseason.
Thus, Lupin’s prediction holds a lot of credit. These institutions may just be accumulating ETH now, but eventually, to keep their assets value growing sustainably, Wall Street will eventually end up looking at staking and DeFi infrastructure as it is these protocols that will put their accumulated ETH to use and gain profits even during times of bearish sentiments and bear markets.
