Joseph Lubin: “Ethereum will do 100x again”

INFBusiness
01.09.2025
News

For weeks, Ethereum has been stealing the show from Bitcoin. In August alone, the ETH/BTC chart rose by over 40 percent. However, Consensys CEO Joseph Lubin believes the second-most valuable cryptocurrency is far from reaching its full potential.
In a post on X, he writes: “ETH will increase 100x again, probably even more.”
The basis for his bullish stance: a recent forecast by Fundstrat's chief analyst, Tom Lee. He recently predicted, among other things, a ten-year bull market in a podcast.
Lubin sees Wall Street as a key argument for his optimism. Major financial players like JPMorgan will have no choice but to switch to Ethereum's infrastructure in the long term.
“They (JPMorgan, ed.) need to become a TradFi company that operates on decentralized platforms,” explains the Consensys CEO. This includes staking and general participation in the DeFi space, as well as operating nodes and L2s.
In fact, the major US bank expressed its positive opinion of Ethereum in mid-August. The network is likely to benefit primarily from the stablecoin boom, JPMorgan wrote in a report. However, whether the financial institution will immediately move its entire operations to the Ethereum blockchain remains questionable.
If Lubin's prediction is correct, Ethereum would reach a market capitalization of $53 trillion, making the cryptocurrency almost twice as valuable as gold today.
The recent performance has sparked renewed speculation in the crypto space that Ethereum could overtake Bitcoin as the most valuable cryptocurrency. Read how realistic this is here: Crypto Report Reveals: How Ethereum Could Overtake Bitcoin in the Long Term
You can read how ETH's price could continue here: Ethereum: The Ether price defies the weakness in the crypto market

Sources