Joe Lubin Predicts Ethereum Will Grow 100x or More
Founder of Consensys and Co-Founder Ethereum Joseph Lubin believes that Ethereum’s mass adoption on Wall Street will ultimately lead to the altcoin growing 100-fold.
He said that large companies will use эфириум, because “the digital asset will replace most of the disparate stacks they use.” This will lead to a huge demand for Altcoyin and a significant increase compared to current levels.
Most likely, ETH will grow 100 times. Perhaps even more, — Lubin wrote on the social network H.
He added that financial institutions will have to become TradFi companies operating on decentralized platforms, which means they will have to engage in staking, run validators, manage second-layer networks, participate in DeFi and write software for smart contracts, agreements, processes and financial instruments.
Lubin also said he 100% agreed with Fundstrat Global Advisors managing partner Tom Lee, who said in August that Wall Street would bet on and use эфириум, and ETH may surpass Bitcoin in terms of network value.
Last week, VanEck CEO Jan van Eck even called Ether the “Wall Street token,” saying banks should adopt the network to facilitate stablecoin transfers or risk falling behind competitors.
