Ethereum Co-Founder Predicts ETH To Overtake BTC With 100x Rally Fueled By Wall Street Adoption

Joseph Lubin, the co-founder of Ethereum, made an extremely optimistic prediction that the second-largest cryptocurrency, ETH, could see a massive 100x rally. Lubin states that the 100x Ethereum price run will be catalyzed by institutional demand for ETH and Wall Street adoption of the Ethereum blockchain for settlements.

Ethereum Could Overtake Bitcoin With 100X Rally

In a post on X (formerly Twitter), the Ethereum co-founder shared a bold prediction, saying that ETH will likely see a pump of 100x or more from here on out. He states that Ethereum can overtake Bitcoin in terms of value.

Lubin claimed that the dependency of Wall Street on siloed, expensive infrastructure will logically drive big financial institutions into the Ethereum rails of decentralization. Through the utilization of staking and validator services on the Ethereum blockchain, banks would not only reduce expenses but also create new sources of income. 

According to Lubin, the fact that Ethereum has become the foundation of decentralized finance (DeFi) can be one of the key factors driving its adoption. He further stated that in the future, financial institutions will be forced to turn into TradFi companies running on decentralized rails, engaging in DeFi, and writing smart contract software to structure agreements, processes, and financial instruments.

This will cause enormous demands on the asset and colossal gains over current levels, he forecasted. If the Ethereum price increases by 100x from its current price, Ethereum will reach $440,000 per coin and a market capitalization of more than $53 trillion.

Ethereum is Becoming a Wall Street Asset

Lubin’s comments come at a time when Wall Street has been increasing its purchases and adoption of Ethereum. VanEck CEO Jan van Eek referred to Ether last week as the Wall Street token. According to Jan van Eek, banks will have to implement the Ethereum network to enable the transfer of stablecoins or risk being left behind.

Tom Lee of Fundstrat Global Advisors echoed this sentiment when he opined that Ethereum would be able to overtake Bitcoin in terms of network value. More than comments, there has been a trend of institutions dumping Bitcoin to buy Ethereum.

As an example, SharpLink Gaming has acquired almost 800,000 ETH now, which is estimated at approximately $3.6 billion. BlackRock also purchased ETH tokens valued at more than $315 million last week. Ethereum ETFs have also been seeing more inflows than Bitcoin ETFs in recent weeks.

In addition, DBS Bank recently launched tokenized structured notes on the Ethereum network that reduced the minimum investment from $100,000 to $1,000. All these show that ETH is becoming one of the darling assets on Wall Street. 

ETH Has Been Eating Into Bitcoin’s Dominance

Although analysts are optimistic that Ethereum could flip Bitcoin, the market cap of ETH is still a quarter of the size of Bitcoin. While there is still a long way to go, the market dominance has been steadily increasing in 2025.

The crypto dominance of Ethereum has more than doubled since April, increasing from a low of 6.97% to briefly reach a 1-year high of 15%. This has been happening while Ethereum has outperformed Bitcoin within that period. Analysts believe this trend will continue as Ethereum looks to hit a new ATH in 2025.