Ethereum News: Joe Lubin Predicts 100x Ether as Wall Street Adopts Ethereum Staking and DeFi Infrastructure

Key Takeaways:Ethereum co-founder Joseph Lubin predicts ETH could surge 100x as Wall Street integrates decentralized rails.Lubin argues Ether will flip Bitcoin as a “monetary base” due to staking and DeFi adoption.Stablecoin supply on Ethereum has hit an all-time high of $160 billion, doubling since early 2024.Institutional investors increasingly view ETH as a productive asset with staking yields and tokenization benefits.Lubin: Ether to flip Bitcoin as “monetary base”Ethereum co-founder Joseph Lubin believes that massive Wall Street adoption of Ethereum will propel ETH to surge by 100 times from current levels and eventually surpass Bitcoin.In an X post on Saturday, Lubin argued that financial institutions will stake Ether because it replaces costly and siloed infrastructure stacks with decentralized rails.“ETH will likely 100x from here. Probably much more,” Lubin wrote, adding that banks will evolve into “TradFi companies that operate on decentralized rails” by staking, running validators, launching layer-2 networks, and building DeFi applications.Wall Street embraces EthereumLubin’s comments follow remarks from VanEck CEO Jan van Eck, who recently called Ether “the Wall Street token,” stressing that banks must adopt the network to stay competitive in stablecoin settlement.He also echoed Fundstrat’s Tom Lee, who has forecast ETH overtaking BTC in network value:“Yes, Ethereum/ETH will flippen the Bitcoin/BTC monetary base,” Lubin said, noting ETH’s rising share of crypto market dominance at 14.3%.“Highest-octane trust commodity”Lubin, who chairs Sharplink Gaming, the second-largest Ethereum corporate treasury holder, described ETH as the “highest octane decentralized trust commodity.”“Trust is a new kind of virtual commodity. And ETH… will eventually flippen all the other commodities on the planet,” he said, highlighting Ethereum’s role in tokenization, hybrid AI-human economies, and programmable finance.Nassar Achkar, chief strategy officer at CoinW, noted that Lubin’s prediction “is resonating with institutional clients, who are increasingly allocating treasury assets to ETH due to its staking yield potential and role in tokenization ecosystems.”Stablecoin growth strengthens ETH caseAdding to Ethereum’s momentum, the stablecoin supply on Ethereum has surpassed $160 billion, doubling since January 2024 and marking an all-time high, according to Token Terminal.Analyst Tom Lee said the exponential rise in stablecoins highlights Ethereum’s strengthening role as the settlement layer for digital finance.Ether briefly tested resistance near $4,500 over the weekend before slipping back below $4,400 in early Monday trading, according to Cointelegraph.