Ethereum Co-Founder Sees ETH Flipping Bitcoin
Ethereum co-founder and Consensys founder Joseph Lubin believes Ethereum is set for explosive growth as Wall Street shifts toward decentralized finance (DeFi) and staking. In a post on X, Lubin predicted Ether (ETH) could surge by 100 times its current price, eventually surpassing Bitcoin as the world’s “monetary base.”
Lubin argued that traditional financial institutions will move their infrastructure onto Ethereum, which can replace much of the fragmented systems they currently operate. This adoption, he says, will fuel massive demand for ETH.
“ETH will likely 100x from here. Probably much more,” Lubin wrote.
Wall Street’s Transition to Decentralized Rails
Lubin stressed that banks and asset managers will need to evolve into traditional finance (TradFi) firms operating on decentralized rails. This includes staking ETH, running validators, developing layer-2 solutions, participating in DeFi, and writing smart contracts for financial agreements and instruments.
VanEck CEO Jan van Eck recently echoed this view, calling Ether “the Wall Street token.” He argued that banks must adopt Ethereum for stablecoin transfers and tokenization or risk falling behind competitors.
Can Ethereum Flip Bitcoin?
Lubin said he is “100% aligned” with Fundstrat’s Tom Lee, who believes Ethereum could flip Bitcoin in network value. However, ETH still has ground to cover: Ethereum currently represents around 14.3% of the crypto market, while Bitcoin remains the dominant force with a significantly larger market cap.
Despite this gap, Ethereum’s dominance has doubled since April, suggesting momentum is building.
ETH as the “Highest Octane” Commodity
Lubin described ETH as the “highest octane decentralized trust commodity,” predicting it will eventually surpass all other commodities. He emphasized that Ethereum’s decentralized economy—amplified by artificial intelligence and hybrid machine-human systems—could grow beyond what anyone can currently imagine.
“Trust is a new kind of virtual commodity. And ETH, the highest octane decentralized trust commodity, will eventually flippen all the other commodities on the planet,” Lubin said.
Institutional interest is also growing. Nassar Achkar, chief strategy officer at CoinW, noted that treasury allocations are increasingly moving toward ETH thanks to its staking yields and role in tokenization ecosystems.
Stablecoins on Ethereum Hit Record Levels
Ethereum’s ecosystem continues to expand rapidly, particularly in stablecoins. According to Token Terminal, stablecoin supply on Ethereum has surpassed $160 billion—an all-time high and more than double the level seen in January 2024. Tom Lee commented that stablecoin demand on Ethereum “seems exponential.”
Ethereum Price Outlook
Over the weekend, Ether surged close to the $4,500 level before slipping back under $4,400 during Monday trading. While resistance remains strong, Lubin’s prediction of Ethereum flipping Bitcoin underscores the growing belief that Wall Street adoption of DeFi and staking could transform ETH into the backbone of global financial infrastructure.
