Ethereum co-founder Joseph Lubin says Ether will flip Bitcoin as a “monetary base” as Wall Street adopts staking and DeFi infrastructure into their ecosystems.
Consensys founder Joseph Lubin says massive Wall Street adoption of Ethereum will eventually see Ether (ETH) surge by 100 times and flip Bitcoin as a “monetary base.”
In an X post on Saturday, the Ethereum co-founder said that Wall Street will stake Ether because they currently pay for their infrastructure and Ethereum will “replace much of the many siloed stacks they operate.”
This will lead to massive demand for the asset, and huge increases from current levels, he predicted.
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