In a recent column for the Financial Times, Joseph Lubin, co-founder of Ethereum, likened the platform’s potential impact on global finance to the role HTTP played in the internet revolution. Lubin argues that Ethereum can modernize financial systems without replacing traditional banks. This sentiment aligns with major firms like BlackRock and JPMorgan Chase adopting Ethereum solutions. He emphasizes that blockchain networks like Ethereum can coexist alongside existing financial systems, rather than completely replace them. Lubin’s vision mirrors a growing confidence in Ethereum as the foundation for modernizing antiquated financial mechanisms. Ethereum adoption by institutions like BlackRock and JPMorgan Chase demonstrates faith in its capabilities. His arguments resonate with concerns over economic stability, attracting interest from traditional finance players. This comes at a time when cryptocurrency markets are experiencing significant growth, as evidenced by a recent surge of Ethereum’s price, which is currently trading around $2,655.94.