Ethereum co-founder Joe Lubin predicts 100 times an increase in ETH by Wall Street adoption of Defi-possibility of overtaking bitcoins monetary basis.

Ethereum co-founder Joe Lubin predicts 100 times an increase in ETH by Wall Street adoption of Defi-possibility of overtaking bitcoins monetary basis.

Joe Lubin: Prognosis for Ethereum and the Future of Defi

Joe Lubin, co -founder of Ethereum, has made an optimistic forecast for the future of the Ether (Eth) and expects a price increase of up to 100 times. This assessment comes at a time when Wall Street increasingly adopted defi technologies (decentralized finances). Lubin states that this development has the potential to exceed the monetary basis of Bitcoin.

Defi revolutionizes the way financial services are provided. While Bitcoin is known as a digital value memory, platforms based on Ethereum have the opportunity to handle complex financial transactions without central authority. Lubin's prediction indicates that trust in Defi and the underlying technology will increase significantly, which could affect the Ethereum course directly.

With the increasing acceptance on the part of institutional investors and the combination of Defi with traditional finance, Ethereum could play a central role in the coming years. The possibility of a 100-fold increase in ETH may seem ambitious, but it reflects the expectations that innovative financial solutions and the increasing integration of cryptocurrencies into the traditional financial system could lead to a massive increase in value.

Overall, it remains to be seen how the market will develop, but the forecasts of industry experts like Joe Lubin underline the enormous potential that is in the world of cryptocurrencies and especially in the Ethereum network.