ETH will have a big pump of 100 times? Ethereum co-founder predicts it will surpass Bitcoin, with Wall Street potentially being the biggest driving force.
On August 30, Joseph Lubin, CEO of ConsenSys and co-founder of Ethereum (ETH), made a shocking prediction in his speech – as Wall Street fully adopts decentralization technology, the value of ETH is expected to rise 100 times, potentially surpassing the monetary base of Bitcoin (BTC) in the next market cycle.
On September 1, ETH was priced at 4,464 USD, rising by 0.36% for the day, with a market capitalization of approximately 536 billion USD. This figure is seen by Lubin as just the starting point.
Wall Street adoption will become the biggest catalyst for ETH
Lubin believes that traditional financial giants (such as JPMorgan) are still operating multiple isolated and outdated systems, while the infrastructure based on Ethereum can help them save billions of dollars in operating costs.
Bank integration scenarios: staking, validator nodes, Layer 2 scalability solutions
Financial Evolution: Smart contracts and DeFi processes will be directly embedded in banking operations.
Long-term impact: ETH becomes the underlying pillar of the global financial market.
He dismissed concerns that Layer 2 undermines Layer 1 and pointed out that projects like Linea and Proof of Burn demonstrate that scaling solutions will enhance the value of the underlying chain, rather than erode it.
Lubin's Four Key Points
Wall Street adopting could lead to a 100-fold rise in ETH value.
Banks such as JPMorgan can significantly reduce costs by adopting the Ethereum system.
Layer 2 networks will further strengthen the Ethereum base layer.
In the next market cycle, ETH may surpass BTC in terms of currency base.
Ethereum Technical Analysis: Short-term looks at $5,100, medium-term may be higher
(Source: Trading View)
Current price: 4,464 USD
Trend Structure: The four-hour chart shows that ETH is running along an upward trend line, with lows continuously rising.
RSI: Rebound to 51, buying pressure stabilizes
MACD: The negative value difference is narrowing, which may indicate a bullish crossover.
K-line pattern: A "gyrator" pattern appears near the support level, often indicating a reversal.
If it breaks through 4,865 USD, it is expected to hit 5,100 USD in the short term; if it falls below the trend line, it will need to defend the support at 4,265 USD.
Investor Strategies and Risk-Return
Short-term strategy: Focus on the breakout opportunity at $4,665, target $5,100
Mid-term strategy: If Lubin's prediction comes true, ETH valuation may experience several times or even a hundredfold rise.
Risk warning: Attention should be paid to macroeconomic factors (timing of interest rate cuts), institutional capital flows, and the development progress of Layer 2.
Conclusion
Joseph Lubin's "ETH 100 times" theory views Wall Street as the core engine for the explosion of Ethereum's value. As banks and financial institutions gradually integrate Ethereum's infrastructure, ETH is not only expected to challenge $5,100 in the short term but may also achieve a "great reversal" against BTC in the next bull market.
For investors, the current ETH may be at a critical turning point—both an opportunity for a short-term breakout and the starting point for medium to long-term value positioning.
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ETH will have a big pump of 100 times? Ethereum co-founder predicts it will surpass Bitcoin, with Wall Street potentially being the biggest driving force.
On August 30, Joseph Lubin, CEO of ConsenSys and co-founder of Ethereum (ETH), made a shocking prediction in his speech – as Wall Street fully adopts decentralization technology, the value of ETH is expected to rise 100 times, potentially surpassing the monetary base of Bitcoin (BTC) in the next market cycle.
On September 1, ETH was priced at 4,464 USD, rising by 0.36% for the day, with a market capitalization of approximately 536 billion USD. This figure is seen by Lubin as just the starting point.
Wall Street adoption will become the biggest catalyst for ETH
Lubin believes that traditional financial giants (such as JPMorgan) are still operating multiple isolated and outdated systems, while the infrastructure based on Ethereum can help them save billions of dollars in operating costs.
Bank integration scenarios: staking, validator nodes, Layer 2 scalability solutions
Financial Evolution: Smart contracts and DeFi processes will be directly embedded in banking operations.
Long-term impact: ETH becomes the underlying pillar of the global financial market.
He dismissed concerns that Layer 2 undermines Layer 1 and pointed out that projects like Linea and Proof of Burn demonstrate that scaling solutions will enhance the value of the underlying chain, rather than erode it.
Lubin's Four Key Points
Wall Street adopting could lead to a 100-fold rise in ETH value.
Banks such as JPMorgan can significantly reduce costs by adopting the Ethereum system.
Layer 2 networks will further strengthen the Ethereum base layer.
In the next market cycle, ETH may surpass BTC in terms of currency base.
Ethereum Technical Analysis: Short-term looks at $5,100, medium-term may be higher
(Source: Trading View)
Current price: 4,464 USD
Trend Structure: The four-hour chart shows that ETH is running along an upward trend line, with lows continuously rising.
RSI: Rebound to 51, buying pressure stabilizes
MACD: The negative value difference is narrowing, which may indicate a bullish crossover.
K-line pattern: A "gyrator" pattern appears near the support level, often indicating a reversal.
Key price level:
Resistance levels: $4,665 → $4,865 → $5,100 (psychological barriers)
Support level: $4,265 → $4,070
If it breaks through 4,865 USD, it is expected to hit 5,100 USD in the short term; if it falls below the trend line, it will need to defend the support at 4,265 USD.
Investor Strategies and Risk-Return
Short-term strategy: Focus on the breakout opportunity at $4,665, target $5,100
Mid-term strategy: If Lubin's prediction comes true, ETH valuation may experience several times or even a hundredfold rise.
Risk warning: Attention should be paid to macroeconomic factors (timing of interest rate cuts), institutional capital flows, and the development progress of Layer 2.
Conclusion
Joseph Lubin's "ETH 100 times" theory views Wall Street as the core engine for the explosion of Ethereum's value. As banks and financial institutions gradually integrate Ethereum's infrastructure, ETH is not only expected to challenge $5,100 in the short term but may also achieve a "great reversal" against BTC in the next bull market.
For investors, the current ETH may be at a critical turning point—both an opportunity for a short-term breakout and the starting point for medium to long-term value positioning.