Ethereum’s Vision for Wall Street: Could It Reach 100x Value?

Ethereum co-founder Joseph Lubin predicts a massive surge for the asset as Wall Street adopts Ethereum, citing its potential to replace existing proprietary infrastructure. His ambitious thesis proposes ETH could reach 100x in value as financial institutions switch to shared rails and utilize programmable contracts. This vision is supported by analyst Tom Lee’s projections for near-term targets of $5,500 and year-end price of $12,000, contingent on market stability. Lubin believes Ethereum can offer more cost-effective solutions compared to existing systems, driving adoption in areas like payments, trading, and treasury operations. He outlines a roadmap for Ethereum to achieve this, including increased validator support, multiple rollup implementations, and the development of contracts that enable agreements and instruments. While some experts are cautious about price swings, Lubin believes Ethereum’s potential is far-reaching, aiming to become the new tech stack for Wall Street. ]