How a ‘Spot-Driven’ Rally Could Fuel Joe Lubin’s 100x ETH Prediction
- Joseph Lubin predicts Ethereum could surge 100x and surpass Bitcoin as the global monetary base.
- Wall Street adoption of Ethereum for settlement could drive massive institutional demand.
- Spot-driven flows, not leverage, are fueling ETH’s rally toward $5,000 resistance.
Ethereum co-founder and Consensys founder Joseph Lubin has issued his most bullish prediction yet, calling for a 100x surge from current prices that would see ETH flip Bitcoin and become the world’s monetary base.
His high-conviction call is based on the thesis that Wall Street’s eventual adoption of Ethereum as its core settlement layer is inevitable. At the time of writing, ETH trades around $4,481, slightly below last week’s $4,800 peak.
Why Wall Street Adoption Could Trigger a 100x Move
In an X post on Saturday, Lubin argued that Wall Street will inevitably adopt Ethereum as its settlement layer, replacing much of the siloed and costly infrastructure banks currently maintain.
This, he said, would force financial institutions to operate on decentralized rails by staking ETH, running validators, deploying layer-2 networks, and participating in DeFi.
“ETH will likely 100…
The post How a ‘Spot-Driven’ Rally Could Fuel Joe Lubin’s 100x ETH Prediction appeared first on Coin Edition.
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Ethereum (ETH) Price Prediction and Analysis for September 2
How a ‘Spot-Driven’ Rally Could Fuel Joe Lubin’s 100x ETH Prediction
- Joseph Lubin predicts Ethereum could surge 100x and surpass Bitcoin as the global monetary base.
- Wall Street adoption of Ethereum for settlement could drive massive institutional demand.
- Spot-driven flows, not leverage, are fueling ETH’s rally toward $5,000 resistance.
Ethereum co-founder and Consensys founder Joseph Lubin has issued his most bullish prediction yet, calling for a 100x surge from current prices that would see ETH flip Bitcoin and become the world’s monetary base.
His high-conviction call is based on the thesis that Wall Street’s eventual adoption of Ethereum as its core settlement layer is inevitable. At the time of writing, ETH trades around $4,481, slightly below last week’s $4,800 peak.
Why Wall Street Adoption Could Trigger a 100x Move
In an X post on Saturday, Lubin argued that Wall Street will inevitably adopt Ethereum as its settlement layer, replacing much of the siloed and costly infrastructure banks currently maintain.
This, he said, would force financial institutions to operate on decentralized rails by staking ETH, running validators, deploying layer-2 networks, and participating in DeFi.
“ETH will likely 100…
The post How a ‘Spot-Driven’ Rally Could Fuel Joe Lubin’s 100x ETH Prediction appeared first on Coin Edition.
Read More