Ethereum Unicom Joseph Lubin: ETH may rise 100 times in the future and surpass BTC

Odaily Planet Daily News: Ethereum co-founder and CEO of ConsenSys Joseph Lubin said that Wall Street will widely participate in Ethereum staking, verification nodes and L 2/L 3 construction in the future, and gradually operate traditional financial businesses, such as DeFi and smart contract applications on a decentralized track. He pointed out that the claim that L 2 cannibalize L 1 will be broken, and you can refer to the Linea and Proof of Burn modes. Lubin believes that ETH may rise 100 times or more in the future and ultimately surpass the monetary base of BTC. He also mentioned that he has a similar view to Tom Lee, but believes that the latter's expectations for Ethereum's rise are still not optimistic enough.