Ethereum’s Co-Founder and Consensys CEO Joseph Lubin has made one of his boldest predictions yet. He said Ethereum (ETH) could surge by 100 times its current price as Wall Street adopts staking and decentralized finance (DeFi) infrastructure.
In a post on X over the weekend, Lubin said that traditional finance firms will eventually run validators, stake ETH, operate layer-2 and layer-3 networks, and even write smart contracts as they shift their operations onto Ethereum rails.
I am 100% aligned with almost all of what Tom @fundstrat says here.
Yes, Wall Street will stake because they currently pay for their infrastructure and Ethereum will replace much of the many siloed stacks they operate on (e.g. JPMorgam probably operates on several siloed stacks… https://t.co/bW93kkX1gW
— Joseph Lubin (@ethereumJoseph) August 30, 2025
“ETH will likely 100x from here. Probably much more,” he wrote, adding that Wall Street currently pays heavily for siloed infrastructure that Ethereum could replace.
Ethereum as Wall Street’s Backbone
Lubin, a former Goldman Sachs executive and a key architect of Ethereum since 2014, argued that banks and financial institutions will transform into “TradFi companies running on decentralized rails.” He highlighted that staking and smart contract infrastructure will become essential for agreements, processes, and financial instruments.
His comments echo those of Fundstrat’s Tom Lee, who, in August, projected that Wall Street adoption could push Ethereum to surpass Bitcoin in terms of network value. Lubin said he is “100% aligned” with Lee, declaring, “Yes, Ethereum/ETH will flippen the Bitcoin/BTC monetary base.”
Moreover, VanEck CEO Jan van Eck recently labeled Ethereum “the Wall Street token,” warning banks that they must adopt Ethereum to facilitate stablecoin transfers or risk losing ground.
Stablecoins and Institutional Demand on the Rise
Lubin’s prediction comes at a time when Ethereum’s ecosystem is witnessing record growth in stablecoins. According to Token Terminal, the total stablecoin supply on Ethereum has surpassed $160 billion, more than doubling since January 2024. Tom Lee noted that “stablecoin demand seems exponential on Ethereum.”
Institutional interest in Ethereum has been gaining momentum at a rapid pace. Since June 2025, companies like Bitmine Immersion and Sharplink Gaming have added about 2.6% of all ETH to their reserves, worth over $6 billion.
Along with the fresh inflows into Ethereum ETFs, institutions now hold close to 5% of the entire supply. BlackRock and VanEck have already committed billions through these funds, a clear sign that Ethereum is becoming a serious player in corporate treasuries and big investment portfolios.
Banks like JPMorgan and Goldman Sachs, which have been testing Ethereum-based systems for nearly 10 years, are also pushing deeper into the network.
While Bitcoin still leads as the primary store of value, Lubin believes Ethereum’s adaptability and Wall Street’s embrace of its staking and DeFi systems could finally trigger the long-anticipated “flippening.” If his 100x price forecast proves accurate, Ethereum may evolve from a smart contract platform into the core infrastructure of global finance.
Also Read: Investors Shift $900M Daily from Bitcoin to Ethereum: Analyst
