Ethereum co-founder: ETH price may rise 100 times in the future, or even more.

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On August 30, Joseph Lubin, co-founder of Ethereum and CEO of ConsenSys, stated that Wall Street will participate in staking, as they are currently paying for their infrastructure, and Ethereum will replace many of the independent systems they operate (for example, JPMorgan may operate multiple independent systems from the banks they acquire and absorb). Wall Street firms will need to become traditional financial companies operating on a decentralized track, which means staking, running validation nodes, operating L2/L3, participating in Decentralized Finance (DeFi), and writing smart contracts for protocols, processes, and financial instruments. The claim that L2 will eat into L1 will soon be broken, as seen with Linea and Proof of Burn. The price of ETH may rise 100 times or even more in the future. ETH will surpass BTC's monetary base. Tom Lee and I have a friendly relationship, and the only point I disagree with Tom on is that I've always told him he is not bullish enough.

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